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Handbook 1997 : Faculty of Science : Information Systems

615-302 The Economics of Information and Information Technology

Note:

This subject is regarded as a non-science subject for students enrolled in the single BSc and combined BSc courses.

Credit Points:

12.5

Coordinator:

Ms M Sandow-Quirk

Prerequisite/s:

615-102 Accounting and Finance for Decision Making or 306-102 Accounting Concepts or 306-104 Accounting 1B

Timetable:

Semester 1

Contact:

Three one-hour lectures, a one hour tutorial, and a one hour workshop per week

Objectives:

At the completion of this subject, students should:

  • be able to identify, quantify and evaluate the costs and benefits of existing and proposed information systems;

  • critically assess traditional methods for evaluating the return on investments in information technology and information systems;

  • employ appropriate measures of the impact of information in various business contexts;

Content:

This subject covers the theory and practice of information systems economics which support the evaluation of IT and IS investment proposals. More broadly, it examines the contribution of information systems to enhanced information delivery in a range of organisational contexts and the means of assessing the impact of these systems using both qualitative and quantitative measures. Topics to be covered include: frameworks for decision making; risk analysis; project justification; cost management; financial guidelines; system evaluation measures and estimates of benefits; measures of information value and information impact measures.

Assessment:

Two written exams (mid-semester and end of semester) of up to three hours each; individual and or group presentations requiring together up to ten hours of preparation. The weighting of assessment components will be announced at the commencement of the subject.
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Handbook 1997 : Faculty of Science : Information Systems 
Status:                   OFFICIAL 1997
Last Modified:            Wednesday March 12 3:36 pm
SGML to HTML Conversion:  Information Technology Services
Authorised by:            Academic Registrar
Email Enquiries:          Course_Information@registrar.unimelb.edu.au
Copyright © University of Melbourne 1997.