Course detail

Economics of Information Products

FIT-EIPAcad. year: 2021/2022

The course is focused on a description and modeling of the economical factors - trends, intellectual property, branch regulations and structure of the information field - determining success of the new information and communication products. An important part is microeconomics. Its basic principles and theoretical background are critical for an optimal ICT products management.

Language of instruction

Czech

Number of ECTS credits

5

Mode of study

Not applicable.

Learning outcomes of the course unit

  • Ability to apply the basic economical principles into the present and constantly changing online economics.
  • Ability to define and formulate e-commerce as the specific market for good and identify the basic characteristic e-commerce domain.
  • Ability to identify the costs of production of information and market structure for information goods.
  • Understanding of customer strategies during the product selection.
  • Ability to apply the economical tools for the purpose of a critical appraisal the possibilities for pricing and versioning of information goods.
  • Ability to identify industrial branches and products usable as closed and positive feedback. Explanation of an impact of the standards on information products and technology.
  • Critical appraisal of the effects and impacts of the present and planned government measures for IS/IT domain.

Prerequisites

Not applicable.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

The individual task (4 points).
The project (14 points).
PC labs (6 points).
A mid-term test (20 points).
A final exam (56 points).

Course curriculum

Not applicable.

Work placements

Not applicable.

Aims

The main goal of the course is an explanation of factors determining a success of ICT products in context of their modern usage. The principal domain is the use of standard microeconomic analyses in a very fast changing area of information products and infrastructure. Key aspects are: intellectual property and copyright, branch regulations, and structure of information sectors.

Specification of controlled education, way of implementation and compensation for absences

A mid-term test, individual task, presentation of the project, a final exam. The minimal number of points which can be obtained from the final exam is 20. Otherwise, no points will be assigned to the student.
The attandance in PC labs is awarded points. A possibility of  a substitute is by an individual task.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Not applicable.

Recommended reading

Kolektiv autorů: Online marketing. 1. vydání Praha: Computer Press, 2014. ISBN: 978-0-251-41557.
MALLYA, T.: Základy strategického řízení a rozhodování. 1. vydání. Praha: Grada Publishing a.s., 2007. ISBN: 80-24719-11-8.
Johns, A.: Pirátství - Boje o duševní vlastnictví od Gutenberga po Gatese. 1. vydání Brno: Host, 2014. ISBN 978-80-7294-711-9.
ZUZÁK, R.: Strategické řízení podniku. 1. vydání. Praha: Grada Publishing a.s., 2011. ISBN 978-80-247-4008-9.
MALÝ, Josef. Oceňování průmyslového vlastnictví: nové přístupy. 1. vydání. Praha: C. H. Beck, 2007. 182 s. ISBN 978-80-7179-464-6.
Macho-Stadler And J. D. Perez-Castrillo. An Introduction to the Economics of Information: Incentives and Contracts. 2001. 0-19-924325-5
P. Bolton, M. Dewatripont. Contract Theory. 2005. 978-026202576
J. Laffont And D. Martimort. The Theory of Incentives: The Principal-Agent Model. 2002. 978-069109184
B. Salanie. The Economics of Contracts. 2005. 978-026219525
Veber, Jaromír a kol.(2000): Management: Základy, prosperita, globalizace.
Varian, Hal R. (1998): Markets for Information Goods.
C. Shapiro and Varian, H. (1999), Information Rules - A Strategic Guide to the Network   Economy, Harvard Business School Press, Boston, Massachusetts.
Downes, Larry - Mui, Chunka (1998): Unleashing the Killer App: Digital Strategies for Market Dominance
COURCOUBETIS, C., Weber, R.: Pricing Communication Networks: Economics, Technology and Modelling. Wiley,2003. ISBN: 978-0-470-85130.
FOTR, J., HÁJEK, S. a kol.: Tvorba strategie a strategické plánování. 1. vydání. Praha: Grada Publishing a.s., 2012. ISBN 978-80-247-3985-4.
JANOUCH, V.: Internetový marketing. 1. vydání Praha: Computer Press, 2010. ISBN 978-80-251-2795-7.
Fiala, P.: Síťová ekonomika. 1. vydání Praha: Professional Publishing,  2008.ISBN 80-86946-69-6.
HANNA, Nessim; DODGE, Robert. Pricing: Zásady a postupy tvorby cen. 1. vydání. Praha: Management Press, 1997. 203 s. ISBN 80-85943-34-4.

Classification of course in study plans

  • Programme IT-MGR-2 Master's

    branch MBI , any year of study, winter semester, elective
    branch MPV , any year of study, winter semester, elective
    branch MSK , any year of study, winter semester, elective
    branch MBS , any year of study, winter semester, elective
    branch MMM , any year of study, winter semester, elective

  • Programme MITAI Master's

    specialization NADE , any year of study, winter semester, elective
    specialization NBIO , any year of study, winter semester, elective
    specialization NGRI , any year of study, winter semester, elective
    specialization NNET , any year of study, winter semester, elective
    specialization NVIZ , any year of study, winter semester, elective
    specialization NCPS , any year of study, winter semester, elective
    specialization NSEC , any year of study, winter semester, elective
    specialization NEMB , any year of study, winter semester, elective
    specialization NHPC , any year of study, winter semester, elective
    specialization NISD , any year of study, winter semester, elective
    specialization NIDE , any year of study, winter semester, elective
    specialization NISY do 2020/21 , any year of study, winter semester, elective
    specialization NISY , any year of study, winter semester, elective
    specialization NMAL , any year of study, winter semester, elective
    specialization NMAT , any year of study, winter semester, elective
    specialization NSEN , any year of study, winter semester, elective
    specialization NVER , any year of study, winter semester, elective
    specialization NSPE , any year of study, winter semester, elective

Type of course unit

 

Lecture

26 hours, optionally

Teacher / Lecturer

Fundamentals seminar

6 hours, compulsory

Teacher / Lecturer

Exercise in computer lab

12 hours, compulsory

Teacher / Lecturer

Project

8 hours, compulsory

Teacher / Lecturer