Academic Catalog

ECON666 ECONOMICS OF INNOVATION AND INDUSTRIAL STRATEGY

Course Code: 3110666
METU Credit (Theoretical-Laboratory hours/week): 3(0-0)
ECTS Credit: 8.0
Department: Economics
Language of Instruction: English
Level of Study: Graduate
Course Coordinator:
Offered Semester: Spring Semesters.

Course Content

In this course, the focus will be on the dynamics of industrial clusters and networks, their role in economic and regional development. It also includes analysis on what kinds of policy tools have been used, and can be used by governments to increase the contribution of clusters to regional development. The course will conclude with technological diffusion and diffusion policy. Setting industrial policies a good understanding of both macro and micro dynamics in the economy. Thus, it is important to understand not only the macro-level policy design, but also the firm dynamics to develop effective policies. This course adopts both a macro and micro perspective in this respect.