MG250: Management and Economics of Digital Innovation

Digital innovations transform the ways in which companies and individuals create and share information, offer innovative value creation propositions, define new economics patterns, and make possible unique business models.

Analysing the core managerial and economic strategies underpinning the success of the most recent digital innovation such as platforms and ecosystems; artificial intelligence algorithms; blockchain technologies; and gamification.

The course provides unique resources to understand how digital innovations change the economic dynamics of the contemporary economy and e-business practices.

Students who receive an offer for this course are also eligible to apply for the Academic Director's Scholarship.

Prerequisites: A university-level introductory course in management, economics, business studies, marketing, information systems or computer science. Students would benefit from some knowledge of elementary business and information technology.

Level: 200 level. Read more information on levels in our FAQs

Fees: Please see Fees and payments

Lectures: 36 hours

Classes: 18 hours

Assessment: One written examination and coursework

Typical credit: 3-4 credits (US) 7.5 ECTS points (EU)

Please note: Assessment is optional but may be required for credit by your home institution. Your home institution will be able to advise how you can meet their credit requirements. For more information on exams and credit, read Teaching and assessment

This course is suitable for students hoping to gain a good understanding of how successful companies are taking advantage of digital innovations, as well as an understanding of the main challenges and risks associated with digital innovations models and strategies.

Please note, this is a management course, and not a technical course, and is mainly directed at undergraduate students. It focuses on the effective application of digital innovations in business. 

• Understand what digital innovation is and how it shapes the contemporary economy.
• Learn the fundamental theories, framework, and strategies of management and economics that underpin digital innovations and business evolution.
• Understand how leading cases of digital innovations generate value and the associated challenges.
• Recognise the complexity of factors that shape digital innovations business models.

The design of this course is guided by LSE faculty, as well as industry experts, who will share their experience and in-depth knowledge with you throughout the course.