Academic year(s): 2017-2018
SCOTCAT credits : 20
ECTS credits : 10
Level : 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.
Anti-requisite(s): You cannot take this module if you take EC4503 or take EC4616
Weekly contact: 20 hours of lectures over 11 weeks, 1-hour tutorial (x 5 weeks) plus 1 office hour (x 12 weeks).
Scheduled learning hours: 25
Guided independent study hours: 175
As used by St Andrews: 2-hour Written Examination = 50%, Coursework (incl. Class Test 25%) = 50%
As defined by QAA
Written examinations : 75%
Practical examinations : 0%
Re-assessment: 2-hour Written Examination = 100%