(objectives)
The course covers a range of economics topics related to decision theory, interdependencies between economic actors, and a number of issues that are particularly relevant in a society where information technologies play an increasing role in shaping economic processes. The leitmotif of the course is the concepts of knowledge and innovation, and their implications for business decisions and markets. Some of the properties that characterise non-competitive markets will also be presented, as well as examples of new technologies. Possible topics to be covered during the course are: information and knowledge in society; the foundations of innovation economics; the role of knowledge and innovation in competitive and non-competitive markets and firm choices; externalities and intellectual property; technology and technology transfer; data as an asset and a factor of production, lock-in, switching costs and other characteristics of the modern economy.
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