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2021/2022  BA-BDMAO1024U  Economics in the Digital Age

English Title
Economics in the Digital Age

Course information
Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Bachelor
Duration One Semester
Start time of the course Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
BSc in Digital Management
Course coordinator
  • Karol Szwagrzak - Department of Economics (ECON)
Main academic disciplines
  • Managerial economics
  • Information technology
  • Economics
Teaching methods
  • Face-to-face teaching
Last updated on 01-12-2021

Relevant links
Learning objectives
1. Have a fundamental understanding of theories in microeconomics.
2. Be able to apply microeconomic theories to analyse, understand, and solve real-life business and societal problems in a structured manner.
3. Be able to identify and develop recommendations for decision and policy making based on microeconomic theories.
4. Be able to use microeconomic theories to critically discuss the role of digital transformation for consumers, firms, industries, and society as a whole.
Examination
Economics in the Digital Age:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
Individual or group exam Individual exam
Assignment type Written assignment
Duration 4 hours
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Summer
Aids Limited aids, see the list below:
The student is allowed to bring
  • Non-programmable, financial calculators: HP10bll+ or Texas BA II Plus
  • Language dictionaries in paper format
The student will have access to
  • Advanced IT application package
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Course content, structure and pedagogical approach

The course introduces the main microeconomic theories and provides students with the analytical tools and capabilities which will allow them to critically examine digitalization and digital transformation for consumers, firms, industries and society as a whole. The course will apply and discuss microeconomic theories and how they can help to analyse, understand, and solve business and societal problems. By applying these theories, we can develop recommendations for decision and policy making. This course will emphasize the importance of economic theories in the context of digital transformation. This will provide students with a fundamental understanding of how to approach both business and societal problems related to digitalization.
Description of the teaching methods
Lectures and workshops based on exercices.
Feedback during the teaching period
Students will receive feedback via several mechanisms:
• During the in-class exercises when solutions are presented
• In the workshops when exercises are presented by groups and discussed
Student workload
Lectures 30 hours
Workshops 10 hours
Preparation for class 60 hours
Preparation for the workshops 30 hours
Preparation for the exam 76 hours
Expected literature

Jeffrey M Perloff, Microeconomics, 8th Edition Global, Pearson International.  Access card to the MyLab online resources accompanying the textbook is highly recommended. Available in the bookstore.
Last updated on 01-12-2021