Generic Elective (GE-9): Digitalisation and Development
Semester
Duration (per week)
Course title Eligibility
Credits Prerequisite
& Code Practical/ Criteria
Lecture Tutorial
Practice
III/V/VII Digitalisation
and Class
4 3 1 0 NIL
Development 12th
– ECON063
Learning Objectives
The Learning Objectives of this course are as follows:
The analysis of the impact of information and communication technologies (ICTs) on economies
and societies is a growing field. Technology is an enabling factor. Technological developments
become relevant to the extent that they are economically and socially meaningful.
This course aims to offers an overview of the understanding of economics of digitalisation and its
impact on the life and livelihood with an interdisciplinary approach.
Learning outcomes
The Learning Outcomes of this course are as follows:
The students would understand the functions information technology and its socio- economic impact,
wellbeing and progress on the contemporary world.
Syllabus
UNIT I: Digital development - India and the World (12 hours)
UNIT II: The transformation of management practices; work and employment; social net- works, trust and
social capital in the digital economy; cultural and motivational aspects (16 hours)
UNIT III: Unit ICTs, Digital Divide and the political economy of inequality (16 hours)
UNIT IV: Access to ICT and poverty and wellbeing, work-life balance (16 hours)
Recommended readings
Goldfarb, A., Gans, J.,& Agrawal, A. (2019). The Economics of Artificial Intelligence: An Agenda.
University of Chicago Press.
Agrawal, A., Gans, J., & Goldfarb, A. (2018). Prediction machines: the simple economics of
artificial intelligence. Harvard Business Press.
Goldfarb, A., & Tucker, C. (2019). Digital economics. Journal of Economic Literature, 57(1), 3-43.
Goldfarb, A., Greenstein, S. M., & Tucker, C. E. (Eds.). (2015). Economic analysis of the digital
economy. University of Chicago Press.
Maiti, D., & Awasthi, A. (2020). ICT exposure and the level of wellbeing and progress: A cross
country analysis. Social Indicators Research, 147(1), 311-343.
Acemoglu, D., & Restrepo, P. (2018). Artificial intelligence, automation, and work. In The
economics of artificial intelligence: An agenda (pp. 197-236). University of Chicago Press.
Acemoglu, D., & Restrepo, P. (2018). The race between man and machine: Im- plications of
technology for growth, factor shares, and employment. American Economic Review, 108(6), 1488-
1542.
Varian, H. R. (2001). Economics of information technology. University of California, Berkeley.
1
Maiti, D., Castellacci, F., & Melchior, A. (2020). Digitalisation and development: issues for India
and beyond. In Digitalisation and Development (pp. 3-29). Springer, Singapore.
Singh, N. (2016). Information technology and its role in India's economic development: A review.
Development in India, 283-312.
Castellacci, F., & Tveito, V. (2016). The Effects of ICTs on Well-being: A Survey and a Theoretical
Framework (No. 20161004). Centre for Technology, Innovation and Culture, University of Oslo.
Huyer, S., & Mitter, S. (2003). ICTs, globalisation and poverty reduction: Gender dimensions of the
knowledge society. Kampala (Uganda): http://gab. wigsat. org/policy. htm.
Note: Examination scheme and mode shall be as prescribed by the Examination Branch, University
of Delhi, from time to time.
