Information Economics

Course unit title

Information Economics

Course unit code

EKP305

Type of course unit (compulsory, optional)

Optional

Level of course unit (according to

EQF: first cycle Bachelor, second cycle Master)

First cycle Bachelor

Year of study when the course unit is delivered

(if applicable)

Year 3

Semester/trimester when the course unit is delivered

Semester 6

Number of ECTS credits allocated

3 credits (4.8 ECTS)

Name of lecturer(s)

Unggul Heriqbaldi, Dr., SE., MSi., M.App.Ec  ,

Ni Made Sukartini, SE. MSI., MIDEC

Learning outcomes of the course unit

Students are able to explain the impact of asymmetric information on industrial performance and public welfare in general

Mode of delivery (face-to-face, distance learning)

Face to face (offline) and or distance learning (online)

Prerequisites and co-requisites (if applicable)

Introduction to Microeconomics

Course content

Information economics course discusses

·       Why and How to Study Information Economics and Teaching Program Arrangement,

·       What is Information?,

·       The Value of Information,

·       The Optimal Amount of Information,

·       The Production of Information,

·       The Information to Prices,

·       Coordination Problem,

·       The Macroeconomic of Information ,

·       The Winner's Curse,

·       Information and Selection,

·       Optimal Contracts,

·       The Revelation Principle

Recommended or required

reading and other learning resources/tools

McKeown Patrick G. 2001, Information Technology and the Networked Economy, 1st Ed, Harcourt College Publisher

Planned learning activities and teaching methods

Teaching, discussions, and problem based learning.

Language of instruction

In Bahasa (Indonesian Language) and English

Assessment methods and criteria

Mid-exam, final-exam, and assignment