Students
Tuition Fee
Start Date
Medium of studying
Duration
Details
Program Details
Degree
Bachelors
Major
International Business | Economics | International Relations
Area of study
Business and Administration | Social Sciences
Course Language
English
About Program

Program Overview


Program Overview

The program "Technologie, économie et politique: en face des crises" is a university course that focuses on innovation as a response to societal challenges. It is taught in French and is worth 2 credits.


Course Description

The course explores the concept of innovation as an economic process, its value, and its measurement. It also delves into the differences between innovation and technological achievement, the capture of innovation value, and the role of market failures in hindering innovation. Additionally, the course covers the economics of social innovation, the knowledge economy, and the relationship between innovation, productivity, and technology.


Course Objectives

By the end of the course, students should be able to:


  • Determine what constitutes an innovation
  • Analyze the value of an innovation
  • Categorize innovations (commercial, social)
  • Propose an innovation policy in response to a societal challenge

Course Structure

The course consists of lectures and occasional inverted classes. Students are expected to prepare in advance for the inverted classes and participate in the course discussions.


Evaluation Method

The course is evaluated through three written exams during the semester. The first two exams account for 20% each of the final grade, while the third exam accounts for 60%.


Resources

The course uses the book "Innovation: une économie pour les temps à venir" by Dominique Foray as the primary reference. Additional resources and bibliography will be provided through the course syllabus on Moodle.


Program Details

  • Semester: Spring
  • Number of places: 120
  • Exam form: During the semester (summer session)
  • Subject examined: Technologie, économie et politique: en face des crises
  • Courses: 2 Hour(s) per week x 14 weeks
  • Type: mandatory

Related Courses

Information on related courses can be found through the EPFL graph search.


Transversal Skills

The course aims to develop the following transversal skills:


  • Effective communication
  • Awareness of social and human implications related to the field of engineering
  • Critical thinking
  • Inventiveness

Important Concepts

Students are expected to master the following concepts:


  • Standard microeconomic analysis (offer, demand, market equilibrium, surplus, externality)
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