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Waiting in Line: The Business of QueuingSaturday, 28th February 2015 17:30 - BBC Radio 4Evan and his guests look at the stereotypically British art of queuing and how it affects businesses. Read more: The Bottom Line - The business of queuing
Inside the Commons - Episode 4Saturday, 28th February 2015 21:15 - BBC Two Scotland only
Thinking Allowed: Migration to London and South AfricaMonday, 2nd March 2015 00:15 - BBC Radio 4
BBC Inside Science - Trends in forensicsAvailable until Tuesday, 24th March 2015 14:30BBC Inside Science asks where the future of forensics lies this week. Read more: OU on the BBC: BBC Inside Science - Trends in forensics
Blackhat, dark night: Could hackers really cause a power outage?Although the nuclear meltdown depicted in Blackhat is fiction, Mike Richards warns there are... Read more: Blackhat, dark night: Could hackers really cause a power outage?
OU on the BBC: Inside the CommonsThis major four-part series from inside the House Of Commons gives viewers unparalleled access to... Read more: OU on the BBC: Inside the Commons
Succeed with maths – Part 1 [TEST]DO NOT ATTEMPT TO COMPLETE THIS COURSE. IT IS ENTIRELY FOR OPENLEARN TESTING PURPOSES. Try: Succeed with maths – Part 1 [TEST] now
Succeed with maths – Part 1[BETA] If you feel that maths is a mystery that you want to unravel then this short 8-week course... Try: Succeed with maths – Part 1 now
Information technology: A new era?
Do the advances in information technology equate to a new industrial revolution? The...
Do the advances in information technology equate to a new industrial revolution? The advances by IBM, Dell and many other manufacturers have resulted in massive changes to our working lives. This unit looks at whether it is possible to predict the future of this industry by comparing it to the development of the automobile industry in the USA.
After studying this unit you should be able to:
- understand the relationship between technological change and industrial revolutions;
- appreciate the pervasive effect that new technologies can have on the economy and, in particular, on productivity;
- understand how industry dynamics can be analysed using the ‘industrial life cycle’ model;
- use data and historical examples to support economic arguments.
- Current section: Introduction
- Learning outcomes
- 1 Technological advancement
- 2 Technological change and economic growth
- 3 Information technology, productivity and growth
- 4 ‘Garage tinkerers’: new economy or industry life cycle?
- 5 Conclusion
- Questions for review and discussion
DD202: Information technology: a new era?
This unit takes one aspect of the debate concerning the new economy – innovation in the form of the introduction of information and communication technologies – and places it in the historical context of industrial revolutions. Is the new economy really new or ‘just another’ industrial revolution?
This material is from our archive and is an adapted extract from DD202 Economics and economic change, which is no longer taught by The Open University. If you want to study formally with us, you may wish to explore other courses we offer in this.
This is an extract from an Open University course which is no longer available to new students. If you found this interesting you could explore more free Sociology course units or view the range of currently available OU Sociology courses.