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ME1032 Economics of Industrial and Technical Transformation 6.0 credits

Industriell dynamik, grundkurs

This course offers the basic tools - primarily economic - for analyzing industrial and technical change on all systems levels and is a starting point for further studies in Industrial Dynamics.

  • Educational level

    First cycle

  • Academic level (A-D)

    B

  • Subject area

    Industrial Management
    Techonology

  • Grade scale

    A, B, C, D, E, FX, F

Course offerings

Autumn 13 for programme students

  • Periods

    Autumn 13 P1 (6.0 credits)

  • Application code

    50856

  • Start date

    2013 week: 36

  • End date

    2013 week: 44

  • Language of instruction

    English

  • Campus

    KTH Campus

  • Number of lectures

    36 (preliminary)

  • Number of exercises

  • Tutoring time

    Daytime

  • Form of study

    Normal

  • Number of places *

    Min. 5

    *) The Course date may be cancelled if number of admitted are less than minimum of places.

  • Schedule

    Schedule (new window)

  • Course responsible

    Pär Blomkvist <pbl@kth.se>

  • Teacher

    Pär Blomkvist <pbl@kth.se>

  • Target group

    Elective for all programmes.

Learning outcomes

The aim of the course is to:

- provide basic knowledge on the economics of industrial and technical change/transformation

- provide instruments to analyze innovation processes inside and outside firms and the interplay between the firm and its context

-provide the knowledge foundation for advanced studies of, and action in, environments characterized by rapid industrial and technical change

Course main content

The starting point for this course is economic analysis of direct relevance for understanding industrial and technical change. In addition to a short introduction to the microeconomic foundations of economic theory the course introduces basic concepts within the knowledge area (discipline) of industrial dynamics like innovations, innovation systems, development blocs, industrial clusters, entrepreneurship, technical change/transformation/diffusion, path dependence, etc. The main foundation for the course is innovation economics with strong connection to evolutionary and institutional economic theory which is also introduced during the course. In addition the course contains moments with connection to disciplines like history of technology, economic history and economic geography. During the course processes of industrial and technical change/transformation are studied on different systems levels e.g. firm level as well as on industry or technology level.

The teaching consists of lectures and seminars. One seminar may be in the form of a study visit.

Eligibility

Basic skills (First-level courses) in industrial economics/management, e.g. course ME1300/4D1123 or equivalent.

Exemption for those students in program CMATD, who have read the course MH1021 in autumn 2009 och 2010.

Prerequisites

Basic course in Industrial managment, or similar.

Literature

Basic text on microeconomics (may be a compendium)

Compendium on Industrial Dynamics with selected papers

Examination

  • SEM1 - Seminars, 1.5 credits, grade scale: P, F
  • TEN1 - Examination, 4.5 credits, grade scale: A, B, C, D, E, FX, F

Requirements for final grade

Active participation in seminars and approved delivery of seminar/working papers. Approved written final examination (may be in the form of an home examination).

Offered by

ITM/Industrial Economics and Management

Contact

Pär Blomkvist, par.blomkvist@indek.kth.se, +46 8 790 72 35

Examiner

Pär Blomkvist

Supplementary information

Replaces ME2032

Add-on studies

One or several of the courses on the Industrial dynamics Track.

ME2034 Mgmt of New Technology and Ind. Creativity

ME2033 Industrial Dynamics and Technical Change

ME2036 Industrial Dynamics - Adv course

Version

Course plan valid from: Autumn 11.
Examination information valid from: Spring 10.