ECON415 ECONOMICS OF TECHNOLOGY AND DEVELOPMENT
| Course Code: | 3110415 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 6.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Prof.Dr. ERKAN ERDİL |
| Offered Semester: | Fall Semesters. |
Course Objectives
This course aims to develop a fundamental and up-to-date understanding of the role of technological change in modern economic growth and development. While the implications of technological change remain central, the range of topics to be covered includes basics of public policy, innovation, organizational structure of innovation, systems of innovation, clusters, networks, and STI policy. The course also focuses on the reflections of the subject-matter on the recent trends in the Turkish economy.
Course Content
In any economy, the intensity of innovative activities is one of the main indicators of technical change. Those attempts should materialise in the product chain in the context of competitive pressures prevalent both in the national and international markets. In this framework, the course aims at mapping issues such as the study of long-run competitiveness, knowledge accumulation, and policy making combined with a holistic understanding of innovation. This course surveys a range of topics in the area of economics of innovation and technological change in the context of development, including the economics of the innovative activities, the contribution of innovation and research to economic growth, and the influence of market structure and competitive environment on the production of innovationsö tehnology diffusion.
Course Learning Outcomes
Student, who passed the course satisfactorily will be able to:
- express the different ways in which technology affects development in modern economies
- use basic economic modeling to explain sectoral and occupational transformations and inequalities through technological change
- understand the main building blocks of STI policy.
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | The aim of our program is to equip our students with the necessary skills and tools to have a firm understanding of economic theory and policymaking. Our graduates will be able to conceptualize economic problems, assess, analyze, and propose scientific solutions to them. | ✔ | |||
| 2 | Our students are expected to have interdisciplinary perspective to be able to follow and understand daily economic and political developments. | ✔ | |||
| 3 | Our program also trains students to be open to new ideas, be sensitive about social problems surrounding them and work towards providing solutions for these to share with their community. | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution