Undergraduate - UnitECX2123 - Economics of innovation and high technology

This unit entry is for students who completed this unit in 2013 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

Level	Undergraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Economics
Offered	Not offered in 2013
Coordinator(s)	Dr Gennadi Kazakevitch

Synopsis

This unit examines the contribution of information and electronic commerce technologies and products in a range of organisational contexts and the means of assessing the impact of these technologies and products using both qualitative and quantitative measures. Topics to be covered include: IT and EC products, costs, pricing and impact; frameworks for decision making; impact on monetary and payment systems; risk analysis; project justification; cost management; financial guidelines; system evaluation measures and estimates of benefits.

Outcomes

The learning goals associated with this unit are to:

understand the application of economic analysis to the markets of information technology and electronic commerce infrastructure
identify, quantify and evaluate the costs and benefits of existing and proposed IT and EC systems
critically assess methods for evaluating the return on investments in IT and EC
employ appropriate economic qualitative and quantitative measures of the impact of IT and EC in various business contexts.

Assessment

Within semester assessment: 40%
Examination: 60%

Chief examiner(s)

Gennadi Kazakevitch

Contact hours

3 hours per week

Prerequisites

Students must have passed one of the following: ECG1101, ECW1101 or ECF1100 before undertaking this unit.