Not offered in 2008
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.
Within semester assessment: 50%
Examination (3 hours): 50%.
3 hour seminar per week
ECF4100 or ECC4650 or equivalent
ECW2123