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Table of Contents minLevel 2
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Course Description
Economic principles relevant to management of information functions in organizational contexts. Core micro-economic concepts applied to the marketplace for information products and services. Financial tools used for managing information systems and networksApplication of economic principles to the information industries, online marketplaces, and information management. Discussion of how advances in digital technology transform society. Topics include profits, industrial organization, market power, public goods, and optimal decision-making.
Credit(s)
3.0
Professor of Record
Ian MacInnes
Audience
This course is aimed at aspiring information managers, data scientists, and librarians. It is particularly relevant for people who wish for career growth through promotion into leadership and strategic roles with their future employers.
Learning Objectives
After taking this course, students will be able to:
Students will have an understanding of the basic principles of economics and how they relate to an information-based economy.
Students will understand information economics and how it differs from classical economic theory.
Students will be able to apply basic economic theory to management of information systems and information industries.
Students will be exposed to introductory cost-benefit analysis with application to information technology in the firm.
Course Syllabus
IST 619 Fall 2021 Syllabus- Ian MacInnes
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