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2010/2011  BA-3BIM  Business Economics and Information Management

English Title
Business Economics and Information Management

Course Information

Language English
Point 7,5 ECTS (225 SAT)
Type Mandatory
Level Bachelor
Duration One Quarter
Course Period Spring . Third Quarter
Time Table Please see course schedule at e-Campus
Study Board
Study Board for BA in Information Management
Course Coordinator
Ioanna Constantiou
Main Category of the Course
  • Economics, macro economics and managerial economics
  • Management of Information and Knowledge Management

Taught under Open University-Taught under open university.
Last updated on 29 maj 2012
Learning Objectives
At the end of this course, students should:
• Have a good understanding of the economic tools and principles applied to the management of information, within organisational contexts and imarkets.
• Demonstrate capabilities for applying the main theoretical tools of economics of information and economics of organization to strengthen and support the achievement of the strategic objectives of specific organisations.
• Be able to use a set of theoretical tools from economics of information and economics of organization to critically examine the role of information in organisational environments and markets.
• Be able to identify and develop recommendations for information management actions and strategy formation, explain the interdependencies and evaluate possible solutions in terms of their contribution to strategic processes or other organizational goals.
Examination
20 min Individual oral exam based on group paper
Exam Period May/June
Examination
Individual oral examination of an empirical case on the basis of written group synopsis.

The regular exam is in March, and the re-examination is in August.
Prerequisites for Attending the Exam
Course Content

The course introduces the main economic theories of the firm and provides students with the analytical tools and capabilities which will allow them to critically examine information management and information efficiency at the organisational and industry levels. Information management issues in relation to how information can be used by managers and executives as they carry out planning, controlling and decision making responsibilities within an organization will be discussed.

Literature

· Chugh, D. & Bazerman, M. H. (2007): Bounded awareness: what you fail to see can hurt you. Mind & Society

· Douma S. and H. Schreuder: Economic Approaches to Organizations. Prentice Hall 4th edition. 2008

· Eisenhardt, M, K. (1989): Agency theory: An assessment and review. Management Review

· Malone, T.W., Yates, J. & R.I. Benjamin (1987): Electronic Markets and Electronic Hierarchies. Communications of the ACM

Tversky, A. & Kahneman, D. (1974): Judgment under Uncertainty: Heuristics and Biases. Science 27