Duration
24h Th, 60h AUTR
Number of credits
| Master in management (120 ECTS) (MBA) | 5 crédits |
Lecturer
Language(s) of instruction
English language
Organisation and examination
Teaching in the second semester
Schedule
Units courses prerequisite and corequisite
Prerequisite or corequisite units are presented within each program
Learning unit contents
The course provides students with an overview of digital transformation and it economics and ethical impact. It is the purpose of the course to understand the meaning of digital transformation and its economic and ethical dimensions. In this respect, we provide a framework for understanding ways in which economies transform themselves through technological innovation and for assessing the economic and ethical impact associated with digital transformation. New digital technologies enlarge economic options, but also often give rise to unwanted social and economic consequences and lead to troubling ethical problems. Students will explore past and present developments in various fields of digitalization and discuss the economic and ethical challenges they raise.
Digital Transformation
At the beginning of the module, we will examine the nature of digital transformation, covering (i) the development and scope of digital economy, (ii) contemporary and potential challenges arising from digital transformation, and (iii) future opportunities and implications related to digital economic expansion.
Ethical Foundation
In the second part, we will review basic ethical aspects regarding business and economics followed by a discussion on various approaches to moral evaluation and on moral reasoning.
Case Studies
As the course proceeds, we will focus on illustrating the ethical concepts on the basis of real life case studies in an integrated way. The Case Studies involve considering viable options related to making business-related ethical decisions in the digital economy. Thereby, we will introduce key techniques for analyzing the ethical dimensions of business situations managers face in a world of digital transformation.
Learning outcomes of the learning unit
At the end of this seminar, students should be able to:
- know the fundamentals of the digital economy and explain its theoretical basis,
- be familiar with the nature and extent of the global digital economy and be able to evaluate the various challenges that the globalization of digital economy presents,
- think critically about how "one can gain knowledge beyond the limits of one's own personal experiences while developing an understanding of the nature and role of digital technologies and its economic and ethical impact",
- analyze and assess fundamental theories, practices, objectives and instruments of business ethics, using them to examine relationships between the technological environment and economic and ethical aspects,
- evaluate emerging issues in ethical knowledge related to sustainable business practice, by considering social, environmental and economic impacts of business activities in a world of rapid technological change,
- develop the ability to make informed judgments concerning ethical values in the digital economy,
- integrate technological, economic and ethical considerations in business decisions and operations, applying appropriate techniques as part of the decision making process,
- diagnose the underlying causes of a given business situation, evaluate possible solutions, and determine and defend appropriate course of action.
Prerequisite knowledge and skills
Planned learning activities and teaching methods
Mode of delivery (face to face, distance learning, hybrid learning)
face-to-face
Recommended or required readings
- Individual grading of elaboration of individual work.
- Team grading of presentation (incl. preparation) of case studies.
- Grading of participation in discussions.
Work placement(s)
Organisational remarks and main changes to the course
The seminar will take place at the Kloster Heidberg in Eupen. It will be organized over a weekend from Friday 5pm until Sunday 1pm.
Contacts
fredebeul-krein@fh-aachen.de