ECONOMICS OF INNOVATION, GROWTH THEORY AND ECONOMICS DEVELOPMENT-1

Academic year

2022/2023 Syllabus of previous years

Official course title

ECONOMICS OF INNOVATION, GROWTH THEORY AND ECONOMICS DEVELOPMENT-1

Course code

ET7017 (AF:332714 AR:179811)

Modality

On campus classes

ECTS credits

6 out of 12 of ECONOMICS OF INNOVATION, GROWTH THEORY AND ECONOMICS DEVELOPMENT

Degree level

Bachelor's Degree Programme

Educational sector code

SECS-P/06

Period

1st Term

Course year

3

Where

RONCADE

Moodle

Go to Moodle page

Contribution of the course to the overall degree programme goals

The aim of this course is to provide students with the fundamental knowledge to understand the mechanisms of economic development, with particular attention to the role of technological innovation and institutional structures in the long run growth. Part of the course will be devoted to the implications of digital technologies for industrial organisation, firm competitiveness and innovation policies.

Expected learning outcomes

Students will be put in a position to critically read the models and the different measures of the economic development. In the first part of the course the fundamentals of macro-economic accounting will be recalled. Students will also be introduced to the main macroeconomic elements (money, inflation, job market) and to their relationship. Finally, the course will allow student to understand the dynamics at the firm, industry and country level related to innovation.
Beyond the introduction to concepts, this course aims at involving the students with critical thinking, data and reference collection and analysis.

Pre-requirements

It is necessary for the student to know the basic elements of micro-economics.

Contents

1. Wealth, GDP (Gross Domestic Product) and Growth, Macro-economics circuit
2. Job’s market (jobs and inflation)
3. Money and inflation
4. Economics Policies & Crises
5. Innovation: firm’s and country’s perspective
6. Intellectual property, copyright, patent in an economics perspective

Referral texts

This book covers the whole program of the macro-economics principles: https://open.lib.umn.edu/macroeconomics/
Especially chapters 5 to 18

This book covers the whole program regarding innovation and the knowledge economy:
Dominique Foray, Economics of Knowledge, MIT

Other interesting textbook (if you want to go further):
David Weil, Economic Growth. International edition, Routledge, 2016
G. M. P. Swann, The Economics of Innovation: An Introduction. Edward Elgar Publishing, 2009

Assessment methods

50% of the final evaluation will consist on the results of the written exam and 50% on the result of a group project.

Teaching methods

Lectures, group work and students applications on the program topics.

Type of exam

written and oral

2030 Agenda for Sustainable Development Goals

This subject deals with topics related to the macro-area "Poverty and inequalities" and contributes to the achievement of one or more goals of U. N. Agenda for Sustainable Development

Definitive programme.

Last update of the programme: 21/09/2022