The Economics of Technology
I am one of three educators who created an online learning conference to introduce students to the concept of macro economics as it relates to technology. I’m very interested in economics as the social science has contributed to my decision making and is present in every action I take. Take the concept of opportunity cost as an example. Opportunity cost is the loss we incur when we choose one action over another. Time is an excellent example, as it will “cost” you time simply to read this post. An economist has to then ask himself or herself, is the value I gain from reading this post worth the loss in time. I hope so! The attached online learning conference, The Economics of Educational Technology, will take you through a 7 day collaborative inquiry-based learning activity. You will learn key terms to further develop your understanding of macroeconomics. You can read two academic summarizations, “The Economics of Educational Technology” by Puryear, J.M. (1999, September), and “Some Simple Economics of Open Source” by Lerner, J. and Tirole, …


