GAZI UNIVERSITY INFORMATION PACKAGE - 2019 ACADEMIC YEAR

COURSE DESCRIPTION
INNOVATION ECONOMICS/IKTI318
Course Title: INNOVATION ECONOMICS
Credits 3 ECTS 5
Semester 6 Compulsory/Elective Elective
COURSE INFO
 -- LANGUAGE OF INSTRUCTION
  Turkish
 -- NAME OF LECTURER(S)
  Prof. Dr. S. Alev Söylemez
 -- WEB SITE(S) OF LECTURER(S)
  http://websitem.gazi.edu.tr/site/soylemez/
 -- EMAIL(S) OF LECTURER(S)
  soylemez@gazi.edu.tr
 -- LEARNING OUTCOMES OF THE COURSE UNIT
This lesson examines the economic analysis of the process of innovation. After successfully completing the course the student be able to;
-identify and analyse key challenges of innovation processes -understand of innovation processes, including aspects which relate the technological ch
 -- MODE OF DELIVERY
  The mode of delivery of this course is Face to face
 -- PREREQUISITES AND CO-REQUISITES
  Basic and intermediate-level macro-microeconomics are the pre-requisites for this course
 -- RECOMMENDED OPTIONAL PROGRAMME COMPONENTS
  There is no recommended optional programme component for this course.
 --COURSE CONTENT
1. Week  Methodology: The definition and importance of innovation economics, technological change and its economic implications
2. Week   A historical analysis of technological change Kondratiev waves, Schumpeter's approach
3. Week  5th Kondratiev wave; New economy, major topics. Moore's law.
4. Week   A knowledge implicit - explicit knowledge, knowledge as a production factor, as a product, knowledge-intensive sectors and their characteristics
5. Week   Supply-side economies of scale, fixed costs and increasing returns, spillovers of knowledge and non-rivalry characteristics
6. Week  Demand Side Economies of Scale, network externalities, Metcalfe's law, compatibility, path dependence, sales and marketing
7. Week  Competition, market structure and innovation spill overs and firm strategies. The interaction between technological change and industrial structure
8. Week  Positive feedbacks of knowledge intensive industries causes of market failures, the effect of consumer surplus, marginal cost pricing
9. Week  Natural monopolies, the behaviour of firms within digital marketplace and the different forms that competition can take. Core issues.
10. Week  Nature of competition, changes in market shares of the software industry, a case study on Microsoft. Litigation, network effects, scale economies
11. Week  The new economy and financial markets; financial innovations, money and capital market, internet banking, electronic exchange markets
12. Week  The relationship between financial innovations and the recent financial crisis. Channels of influence, stability of financial markets
13. Week  Electronic money; definition and scope, current situation and future prospects, the monetary transmission mechanism.
14. Week  The financing of entrepreneurship, venture capital, business angels.
15. Week   Technological progress and growth; basic neoclassical growth model, growth accounting, endogenous growth models.
16. Week  Globalization, technology, innovations in developing countries. New economy and Turkey
 -- RECOMMENDED OR REQUIRED READING
   Chris Freeman & Luc Soete, Economics of Innovation, 2003, translated by Ergun Türkcan, TUBİTAK Publishing, Ankara Alev Söylemez, Bilgi Ekonomisi, İktisada Giriş, 2007 Ed. Ömer Faruk Çolak, Gazi Kitapevi-Ankara Alev Söylemez Yeni Ekonomi, Boyut Yayınları, 2001 Charles Jones, İktisadi Büyümeye Giriş, çev. Sanlı Ateş & İsmail Tuncer, Literatür Yayınları
 -- PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
  Lecture, Question & Answer, Demonstration, Drill - Practise
 -- WORK PLACEMENT(S)
  None
 -- ASSESSMENT METHODS AND CRITERIA
 
Quantity
Percentage
 Mid-terms
1
0
 Assignment
0
0
 Exercises
0
0
 Projects
0
0
 Practice
0
0
 Quiz
0
0
 Contribution of In-term Studies to Overall Grade  
40
 Contribution of Final Examination to Overall Grade  
60
 -- WORKLOAD
 Efficiency  Total Week Count  Weekly Duration (in hour)  Total Workload in Semester
 Theoretical Study Hours of Course Per Week
15
3
45
 Practising Hours of Course Per Week
0
 Reading
15
2
30
 Searching in Internet and Library
15
1
15
 Designing and Applying Materials
0
 Preparing Reports
0
 Preparing Presentation
15
1
15
 Presentation
0
 Mid-Term and Studying for Mid-Term
1
10
10
 Final and Studying for Final
1
10
10
 Other
0
 TOTAL WORKLOAD: 
125
 TOTAL WORKLOAD / 25: 
5
 ECTS: 
5
 -- COURSE'S CONTRIBUTION TO PROGRAM
NO
 PROGRAM LEARNING OUTCOMES
1
2
3
4
5
1Having the professional expertise and skills on theoretical and practical aspects of econometrics, statistics and operational research.X
2Having qualities for professional competence in order to work in career fields such as inspector or assistant specialist or working department of research-development in public institutions and organizations, the private sector and civil society organizations.X
3Having knowledge about other disciplines such as economics, managements, public finance and law related to econometrics.X
4Having appropriate behavior of econometrics in the field of social, scientific, cultural and ethical values, applicability of gained knowledge and skills in accordance with the principle of responsibility to social and working life.X
5Having skills about foreign language and information system related to the fields in academic and working life.
6Having skills about selecting, using and evaluating of appropriate statistical, econometric and mathematical programming methods, based on theoretical and practical knowledge acquired in the field related to the current problems faced by.X
7Having skills to work with the team for reach fruitful results in interdisciplinary and interdisciplinary studies.X
8Having knowledge of research methods in the field of institutions and organizations planning projects, managing, and to conduct independent researches.X
9Having qualities for analytical thinking, prospecting and bring scientific solutions to problems as a researcher.X
10Having skills to comprehension, application and evaluation about terms and basic theory of econometrics.X
11Having skills to comprehension, application and evaluation about terms and basic theory of statistics.X
12Having skills to comprehension, application and evaluation about terms and basic theory of statistics.X
13Using some of the basic econometric and statistical software programs.