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Technology, business and economy
ECM3140
Synopsis
This unit examines how technological change drives economic growth and business transformation through key economic frameworks such as creative destruction and endogenous growth models. You will analyze the determinants of technological progress and its diffusion across markets, with a focus on productivity growth and how businesses adapt to and leverage innovation. Through case-study-based learning, the unit provides practical insights into the economic and business impacts of technological disruption, preparing you to evaluate real-world challenges in global markets using economic theories and evidence.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 3
- Audience
- Undergraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Economics
- Handbook year
- 2026
Prerequisites (2)
- Introductory microeconomicsECW1101
- Macroeconomic policyECW2730
What it unlocks
Nothing in the visible graph depends on this unit.
Offerings (1)
- Second semesterMalaysia · ON-CAMPUS
Listed in 2 areas of study
- Economics and strategy for businessApplied economics core units
- Economics and strategy for business Applied economics additional unit