Lecture 8: The Role of Technology in Economics

Business & Economics - Lecture 8: The Role of Technology in Economics - 10 slides

Explore Lecture 8: The Role of Technology in Economics, covering In this lecture, participants examine the significant influence of technological advancements on economic models and.

Topics Covered

  • Introduction to the Impact of Technology on Economics
  • Digital Economies: Connecting the World
  • Fintech: Revolutionizing Financial Services
  • Platform Economies: Transforming Market Structures
  • Automation and AI: Productivity and Labor Markets
  • Blockchain Technology: Redefining Trust and Transactions
  • The Digital Divide: Economic Implications
  • The Economics of Data: An Asset in the Digital Age
  • Tech-Driven Shifts in Market Competition
  • Data Sovereignty & Global Governance in Economics

References

  • Brynjolfsson, E. and McAfee, A. (2014) 'The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies', W.W. Norton & Company.
  • Smith, A. (1776) 'An Inquiry into the Nature and Causes of the Wealth of Nations'. London: W. Strahan and T. Cadell.
  • Schwab, K. (2016) 'The Fourth Industrial Revolution'. New York: Crown Business.
  • Evans, D.S. and Schmalensee, R. (2016) 'Matchmakers: The New Economics of Multisided Platforms'. Harvard Business Review Press.
  • Tapscott, D. and Tapscott, A. (2016) 'Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World.' Penguin Canada.
  • Arner, D.W., Barberis, J., and Buckley, R.P. (2016) 'The Evolution of Fintech: A New Post-Crisis Paradigm?' University of Hong Kong Research Series.
  • Parker, G., Van Alstyne, M.W., and Choudary, S.P. (2016) Platform Revolution: How Networked Markets Are Transforming the Economy. New York: W.W. Norton & Company.
  • Rochet, J.-C. and Tirole, J. (2003) 'Platform competition in two-sided markets', Journal of European Economic Association, 1(4), pp. 990–1029.
  • Brynjolfsson, E. and McAfee, A. (2014) The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies. New York: W.W. Norton & Company.
  • OECD (2019) 'Preparing for the changing nature of work in the digital era', OECD Future of Work paper.
  • Nakamoto, S. (2008) 'Bitcoin: A Peer-to-Peer Electronic Cash System', bitcoin.org.
  • Tapscott, D. and Tapscott, A. (2016) Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money, Business, and the World. New York: Penguin.
  • World Bank (2022) 'Digital access statistics for Sub-Saharan Africa'.
  • Van Dijk, J.A. (2006) The Deepening Divide: Inequality in the Information Society. Thousand Oaks: Sage Publications.
  • Shapiro, C. & Varian, H. (1998) Information Rules: A Strategic Guide to the Network Economy. Boston: Harvard Business School Press.
  • Metcalfe, R. (1995) 'Metcalfe's Law', InfoWorld.
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