Part A: Course Overview

Course Title: The Digital Economy

Credit Points: 12.00

Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

ECON1616

City Campus

Postgraduate

625H Economics, Finance and Marketing

Face-to-Face

 Sem 1 2025

Course Coordinator: Peyman Khezr

Course Coordinator Phone: +61 3 9925 9485

Course Coordinator Email: peyman.khezr@rmit.edu.au

Course Coordinator Location: Melbourne

Course Coordinator Availability: By Appointment


Pre-requisite Courses and Assumed Knowledge and Capabilities

-


Course Description

This course will introduce you to the digital economy. You will explore new technologies and how they interact to create economic challenges and opportunities. Advances in artificial intelligence and both centralised and decentralised digital platforms are important foci of this course. You will learn fundamental economic tools and how to apply them across various dimensions of the digital economy including markets, firms, government and civil society.

This course is a component of the Digital Economy major and minor.


Objectives/Learning Outcomes/Capability Development

This course contributes to the following Program Learning Outcomes for the MC288 Master of Commerce:  

  • Critically analyse contemporary business issues, integrating technological, ethical, and sustainability concerns in local, national, and global business contexts. 

  • reflect on and apply cultural and diversity frameworks to promote inclusion and foster a positive business environment. 

This course also contributes to the following Program Learning Outcomes for the GC108 Grad Cert in Digital Economy:  

  • Demonstrate a broad, critical, and practical understanding of contemporary issues and practices across digital technologies, with a focus on blockchain, distributed ledger technologies, and other emerging digital innovations. 

  • Apply concepts, principles, theories, and methods in the areas of digital economy to contribute to the strategic and operational goals of an organisation. 

  • Apply reasoned judgments to solve a variety of business and technology-related problems, considering ethical, regulatory, and global perspectives. 


On successful completion of this course you will be able to:

CLO 1:Identify and evaluate, as an individual or part of group, key economic principles driving the digital economy

CLO2: Analyse socio-economic implications of the digital economy such as: privacy, security and ethical and social challenges in the digital economy

CLO3: Apply different digital business models to solve economic problems

CLO4: Analyse digital economy information using economic analysis


Overview of Learning Activities

The course is delivered face-to-face and online. You are expected to be an active participant in class. Your learning will be supported through in class and online activities. These may include quizzes; assignments; prescribed readings; researching and analysing specific information; solving problems; and producing written work.


Overview of Learning Resources

RMIT will provide you with resources and tools for learning in this course through our online systems. Links and materials specific to this course are available through the myRMIT Studies/Canvas Course site.

A list of recommended learning resources will be provided by your lecturer, including books, journal articles and web resources. You will also be expected to seek further resources relevant to the focus of your own learning.

Resources are also available online through RMIT Library databases and other facilities. Visit the RMIT library website for further details. Assistance is available online via our chat and email services, face to face at our campus libraries or via the telephone on (03) 9925 2020.

The Library provides guides on academic referencing. See: https://www.rmit.edu.au/library/study/referencing


Overview of Assessment

Assessment Task 1: 25%

Linked CLOs:1, 2, 3

Assessment Task 2: 30%

Linked CLOs:1, 2, 3, 4

Assessment Task 3: 45%

Linked CLOs:1, 2, 3, 4