ECO0014 - ECONOMICS OF INFORMATION AND DATA

Knowledge and Understanding

This is a course in economic theory. We will discuss models on individual and social behavior based on the standard tools of microeconomic and macroeconomic theory, applied to economies in which information and data are essential elements.

Applying knowledge and understanding

The hope is that working through the logic and basic properties of these models will help the students in understanding some aspects of our economic environment. In particular, the role that knowledge and data play in the process of economic growth, in shaping strategic competition between firms, in the design of taxation and regulation of firms.

Making judgements

Effort will be made in linking the lessons learned from the analysis of abstract models to real world phenomena, so as to inform judgement. This should be helpful when making decisions in private and public organizations.



Communication skills

Students will be required to present arguments in a clear format both in the written exams and in the oral presentations

Ability to learn

Beside understanding the logic and properties of the models, the students will be required to solve simple numerical exercises. They will also be asked to read some research papers and prepare a set of presentation slides. More generally, the emphasis will be on the ability to use simple abstract models to interpret a complex reality.