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EC4416 Innovation Economics

SCOTCAT credits:20
Academic year(s):2017/8
SCQF Level 10
Planned timetable:To be arranged.

Innovation is both a major contributory factor in economic growth and a crucial element of competitive behaviour and policy. The aim of this module is to introduce students to recent developments in the economic theory of innovation. The module, which is analytical in nature, examines the incentives firms have to innovate by the introduction of new products and new processes and, in particular, how this is affected by strategic competitive conditions.

Place in programme(s) and relationship to other modules


Optional for all Economics degrees, Financial Economics, BA (Int Hons) Economics

UG Anti-requisite(s):EC4503, EC4616


Optional for MSc in Economics and MSc in Finance and Economics

PG Anti-requisite(s):EC4503, EC4616

Learning and teaching methods and delivery

Weekly contact:20 hours of lectures over 11 weeks, 1-hour tutorial (x 5 weeks) plus 1 office hour (x 12 weeks).
Total module hours:
  • Scheduled learning: 25
  • Guided independent study: 175

Assessment pattern

UG As defined by QAA:
  • Written examinations: 75%
  • Practical examinations: 0%
  • Coursework: 25%
UG As used by St Andrews:2-hour Written Examination = 50%, Coursework (incl. Class Test 25%) = 50%
UG Re-assessment:2-hour Written Examination = 100%
Postgraduate Assessment :2-hour Written Examination = 50%, Coursework (incl. Class Test 25%) = 50%


Module coordinator:Dr M La Manna
Module teaching staff:Dr M La Manna