MATHEMATICS (TURKISH, PHD)
PhD TR-NQF-HE: Level 8 QF-EHEA: Third Cycle EQF-LLL: Level 8

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
ECO3452 Digital Economy Fall 3 0 3 6
The course opens with the approval of the Department at the beginning of each semester

Basic information

Language of instruction: En
Type of course: Departmental Elective
Course Level:
Mode of Delivery: Hybrid
Course Coordinator : Assoc. Prof. EMİN KÖKSAL
Course Objectives: This is an advanced undergraduate course on the digital economy. The course uses a combination of theoretical modeling and empirical evidence in order to understand the digital economy.

Learning Outputs

The students who have succeeded in this course;
1. Identify the digital economy,
2. Define how economic units interact in the digital markets,
3. Explain how digitalisation has affected some fundamental aspects of trading relationships in the economy,
4. Identify which costs the digitalisation of the economy has reduced,
5. Explain why digital markets should be designed and regulated,
6. Identify the role of government in the digital economy.

Course Content

The course aims to understand how economic units interact in digital markets and how digital markets should be designed and regulated. The course analyze some key features that are prevalent in digital markets, including network effects, two-sided markets, search and matching, reputation systems, and the use of data. The course also zoom in on individual markets, such as search engines, e-commerce platforms, and the gig economy.

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Introduction: The Meaning of the Digital Economy Chapter 1 Jordan (2020)
2) Search Chapter 2 Jordan (2020)
3) Social Media Chapter 3 Jordan (2020)
4) Taxis, Hotels and Blockchains Chapter 4 Jordan (2020)
5) Free Online Economies Chapter 5 Jordan (2020)
6) Online Games Chapter 6 Jordan (2020)
7) Profit, Labour, Production and Consumption Chapter 7 Jordan (2020)
8) Defining the Digital Economy Chapter 8 Jordan (2020)
9) Policy Chapter 9 Jordan (2020)
10) Revision with conclusions Chapter 10 Jordan (2020)
11) Students presentations 1
12) Students presentations 2
13) Students presentations 3
14) Students presentations 4

Sources

Course Notes: Jordan, T. (2020). The Digital Economy. Wiley Publishing.
References: Brynjolfsson, E., & McAfee, A. (2014). The second machine age: Work, progress, and prosperity in a time of brilliant technologies. WW Norton & Company. Agrawal, A., Gans, J., & Goldfarb, A. (2018). Prediction machines: the simple economics of artificial intelligence. Harvard Business Press.

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance % 0
Laboratory % 0
Application % 0
Field Work % 0
Special Course Internship (Work Placement) % 0
Quizzes % 0
Homework Assignments % 0
Presentation 1 % 25
Project % 0
Seminar % 0
Midterms 1 % 30
Preliminary Jury % 0
Final 1 % 45
Paper Submission % 0
Jury % 0
Bütünleme % 0
Total % 100
PERCENTAGE OF SEMESTER WORK % 55
PERCENTAGE OF FINAL WORK % 45
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 3 42
Laboratory 0 0 0
Application 0 0 0
Special Course Internship (Work Placement) 0 0 0
Field Work 0 0 0
Study Hours Out of Class 13 8 104
Presentations / Seminar 1 3 3
Project 0 0 0
Homework Assignments 0 0 0
Quizzes 0 0 0
Preliminary Jury 0 0 0
Midterms 1 2 2
Paper Submission 0 0 0
Jury 0 0 0
Final 1 2 2
Total Workload 153

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution