Department of Informatics and Telematics

Economics of Digital Technology

ΕΠ37 - Economics of Digital Technology

General Information

School: Digital Technology

Department: Informatics and Telematics

Level: Undergraduate

Course Title: Economics of Digital Technology

Course id: ΕΠ37

Type: Core Course 

Semester: 5

Teaching and Examination Language: Greek

Is the course offered in Erasmus: Yes

Course web-page:


Lectures (Theory): 3,0

Lab lectures: 0,0

ECTS credits: 5,0

Learning Outcomes

The aim of the course is to acquaint students with the basic economic concepts and to relate them to the market of Information and Communication Technologies (ICT).

General Skills

Autonomous work, Adaptation to new knowledge and environments, Promotion of free, creative and inductive thinking.

Course Content

Basic economic concepts: Model and consumer and producer behavior. Supply and Demand Curves, Market Forms: Perfect Competition, Monopoly, Oligopoly. Indifference curves, income constraint, elasticities, production functions, scale returns, profit maximization, cost curves, economic prosperity, externalities. Complementary and substitute products. Applications and examples from the field of information technology and telecommunications. Introduction to game theory.

Learning and Teaching Methods - Evaluation

Teaching methods: face-to-face

Use of ICT: 


Course Organization



Semester work load



Lab exercises


Individual of group projects


Lab report preparation




Independent Study







- Microceconomics, A modern approach , Varian Hal R.
- Economics (Microeconomics) , 4th Edition, Mankiw N. Gregory, Taylor P. Mark, Athanasios Maniatis, Anastasia Psiridou (ed)
- Microeconomics, Robin Bade, Michael Parkin