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ECF5050 - Economics of innovation and high technology

6 points, SCA Band 2, 0.125 EFTSL

Postgraduate Faculty of Business and Economics


Not offered in 2007


This unit examines application of advanced economic theories and analytical tools to innovation processes and high technology product markets. Topics to be covered include: consumer behaviour with regard to high technology and information products; costs, market structures, and competition in high technology and information product markets; product quality and life circle; switching costs and network effects in consumers' and producers' decision making with regards to innovation and high technology products; economic aspects of intellectual property rights.


Written essay: (3000 words): 30%
Oral presentation: 20%
Examination (three hours): 50%.

Contact hours

3 hour seminar per week


ECF4100 or ECC4650 or equivalent