BITM Digital Economy
bitmsemester 8
Unit 1:Introduction
Digital economics: concepts, drivers, and ecosystem. K-economy: concepts and drivers. Differences between digital economy and k-economy. The fourth industrial revolution: drivers, opportunities, and challenges. Influence of digital economy: sustainability, privacy, regularity, and strategies.
Unit 2:Fundamentals of Digital Economy
Multi-sided platforms: Network effects and positive feedback. Lock-in and switching costs. Formulation of monopolies in the digital economy. Digital adoption index and OECD digital adoption government index.
Unit 3:Digital Markets, Strategy and Innovation
Competition, cooperation, and competition. The layered internet model. Digital innovation. Digital business models. Value creation models. Modeling of digital markets.
Unit 4:Digital Transformation
Digital transformation: concepts and drivers. Accelerating SDGs through digital transformation. Role of technological revolution in the world economy. Globalization and economic growth in the digital age. Digital currencies: concepts and types.
Unit 5:Economics of Information
Asymmetric information: concepts and determinants. Asymmetric information and digitalization. Online search engines. Artificial intelligence. Strategy and the new economics of information. Effects of digitalization on consumer choice and labor markets. Intellectual property and digitalization.
Unit 6:Digitalization in Nepalese Perspective
E-governance: concepts, process, and structure. E-governance practices in Nepal. Digital financial inclusion in Nepalese financial markets. Opportunities and challenges for digital transformation in the public sector. Digital transformation and the economic performance in trade, tourism, agriculture, and SMEs.
