- Class Number 3612
- Term Code 3030
- Class Info
- Unit Value 6 units
- Mode of Delivery In Person
- Dr Robert Ackland
- Dr Jamsheed Shorish
- Dr Robert Ackland
- Class Dates
- Class Start Date 24/02/2020
- Class End Date 05/06/2020
- Census Date 08/05/2020
- Last Date to Enrol 02/03/2020
The Internet is transforming many aspects of economic life, from the online purchasing and selling of goods and services, to new ways of (peer) producing information goods such as open source software, currencies (e.g. Bitcoin) and user-generated content in online social networks. This course shows how the tools of economics can further our understanding of online behaviour, and also how economics can contribute to the future development of the Internet. The course also demonstrates how data from the Internet are being used to answer important long-standing research questions in economics.
Upon successful completion, students will have the knowledge and skills to:Upon successful completion of this course, students will have the knowledge and skills to:
1. Use tools of economics to analyse online economic behaviour (buying, selling and producing).
2. Identify which assumptions, theory and methods used by economists to study the offline world can also be used to study online behaviour (and how they may need to be modified).
3. Understand the sources and use of data for empirical analysis of online economic behaviour, and be able to independently find such data.
4. Analyse challenges of the Digital Age and assess a contribution of economics to the future development of the Internet.
Course content is derived from research in the field of economics. The lecturers have been conducting research into the digital economy and society for the past 15 years, and this experience has informed the design of the course.
Examination Material or equipment
The examination is closed book: only non-programmable calculators can be brought into the examination.
Course notes and additional readings will be provided.
Students will be given feedback in the following forms in this course:
- written comments
- verbal comments
- feedback to whole class, groups, individuals, focus group etc
ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.
|Week/Session||Summary of Activities||Assessment|
|1||Introduction to course; Overview of the digital economy|
|3||Comparing, recommending and rating online||A1 (1 of 4)|
|5||Internet auctions||A1 (2 of 4)|
|7||Internet advertising||A1 (3 of 4)|
|8||Peer production||A2 submission|
|9||Decentralised ledger technologies and cryptocurrencies|
|10||Economics of online social networks||A2 return|
|11||Threats from digitisation and the Internet|
|12||The Internet and economic development; Revision||A1 (4 of 4)|
|Assessment task||Value||Due Date||Return of assessment||Learning Outcomes|
|Online quizzes||20 %||24/02/2020||05/06/2020||1,2,3,4|
|Final examination||50 %||04/06/2020||02/07/2020||1,2,3,4|
* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details
ANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:
The ANU is using Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. For additional information regarding Turnitin please visit the ANU Online website. In rare cases where online submission using Turnitin software is not technically possible; or where not using Turnitin software has been justified by the Course Convener and approved by the Associate Dean (Education) on the basis of the teaching model being employed; students shall submit assessment online via ‘Wattle’ outside of Turnitin, or failing that in hard copy, or through a combination of submission methods as approved by the Associate Dean (Education). The submission method is detailed below.
Moderation of Assessment
Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.
This is an on-campus course. Attendance at all teaching events (lectures and tutorials), while not compulsory, is expected in line with “Code of Practice for Teaching and Learning”, clause 2 paragraph (b). Your active participation and engagement in the course will assist you in learning the material and thus enhance both your enjoyment of the course and your ability to achieve a high grade.
Tutorials are a discussion-based class. Providing worked solutions would not effectively compensate for missing a tutorial. Students who, through unavoidable and unplanned occurrences, are unable to attend a tutorial class one week are encouraged to work through the problems and attend a consultation session for discussion and solutions.
See Assessment Task 3.
Assessment Task 1
Learning Outcomes: 1,2,3,4
Four (4) times during the semester there will be an online quiz (via Wattle) testing your understanding of material covered in lectures and/or tutorials in preceding weeks. You will be given at least two days notice before a quiz and the quiz will be available for four days. You will have one hour (60 minutes) to complete each quiz and you can only attempt each quiz once. The top-3 out of 4 graded quizzes will collectively count for 20% towards your final grade. If you miss an online quiz for a legitimate reason, you will either be given an opportunity to take a make-up quiz or else your remaining quizzes will be re-weighted.
Assessment Task 2
Learning Outcomes: 1,2,3,4
A written assignment (30% of final grade) will assess your understanding of course material as well as your ability to independently identify and use relevant information and resources relating to the digital economy. Students are to work on the assignment by themselves (it is not a group project). The assignment is designed to allow you to explore an aspect of the digital economy that interests you (within reason). Further information on the assignment will be provided at least 4 weeks before the due date.
Assessment Task 3
Learning Outcomes: 1,2,3,4
A final examination (3 hours duration) covering material presented throughout the entire course will be held during the ANU final exam period. The final examination will count 50% towards your final grade. The final examination will be a mixture of multiple choice, short answer and essay questions. Further information on the content/structure of the final examination will be provided by Week 12. Past examination papers are not available to students, but some example questions will be provided.
Academic integrity is a core part of the ANU culture as a community of scholars. At its heart, academic integrity is about behaving ethically, committing to honest and responsible scholarly practice and upholding these values with respect and fairness.
The ANU commits to assisting all members of our community to understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to be familiar with the academic integrity principle and Academic Misconduct Rule, uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with.
The Academic Misconduct Rule is in place to promote academic integrity and manage academic misconduct. Very minor breaches of the academic integrity principle may result in a reduction of marks of up to 10% of the total marks available for the assessment. The ANU offers a number of online and in person services to assist students with their assignments, examinations, and other learning activities. Visit the Academic Skills website for more information about academic integrity, your responsibilities and for assistance with your assignments, writing skills and study.
You will be required to electronically sign a declaration as part of the submission of your assignment. Please keep a copy of the assignment for your records. Unless an exemption has been approved by the Associate Dean (Education) submission must be through Turnitin. It is your responsibility to check that your assignment has been correctly submitted (e.g. no missing pages or graphics).
For some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.
Late submission is permitted for Assessment Task 2 (written assignment) only. Late submission of Assessment Task 2 without an extension will be penalised at the rate of 5% of the possible marks available per working day or part thereof. Late submission will not be accepted after 10 working days after the due date.
Accepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.
Grades and feedback for online quizzes (Assessment Task 1) will be available the week after when the quiz was undertaken.
Assignments (Assessment Task 2) will be returned within two weeks of submission.
Extensions and Penalties
Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure. Extensions may be granted for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.
Resubmission of Assignments
Distribution of grades policy
Academic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes.
Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.
Support for students
The University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).
- ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
- ANU Diversity and inclusion for students with a disability or ongoing or chronic illness
- ANU Dean of Students for confidential, impartial advice and help to resolve problems between students and the academic or administrative areas of the University
- ANU Academic Skills and Learning Centre supports you make your own decisions about how you learn and manage your workload.
- ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
- ANUSA supports and represents undergraduate and ANU College students
- PARSA supports and represents postgraduate and research students
Dr Robert Ackland
Dr Jamsheed Shorish