Introduction to Technology Management and Economics for Engineers

Lecture, four hours; discussion, one hour; outside study, seven hours. Fundamental principles of micro-level (individual, firm, and industry) and macro-level (government, international) economics as they relate to technology management. How individuals, firms, and governments impact successful commercialization of high technology products and services. Letter grading.

Review Summary

Clarity
6.7 / 10
Organization
3.3 / 10
Time
5-10 hrs/week
Overall
6.7 / 10

Reviews

    Quarter Taken: Fall 2021 In-Person
    Grade: A+

    TLDR: This class isn't too difficult, but it could definitely be much better organized.

    Pros: It isn't too hard to end up with an A of some sort, since according to Mel's grading scale, 85% and up is an A. There are many opportunities for you to boost your grade, such as quizzes, discussion posts, and the group paper due at the end of the quarter. As for the exams, I thought they were pretty fair and more or less reflect what Mel taught in lecture or assigned for homework. The exam averages were surprising low in my opinion: 78% for the midterm and only 66 % for the final. It makes me wonder whether people really learned from the homework assignments, since people could work on HW in groups.

    Cons: The class felt disorganized throughout. Maybe it's due to the transition back to in-person classes, but I felt the organizational aspects of this course was lacking. Mel never replied to any emails I sent her, so it was extremely difficult to contact her outside of class. Her expectations on the group homework were not very clear. In the beginning of the course, she sent out a google spreadsheet where we could form our homework groups. However, if you forgot to write down the names of every group member on the homework assignment during submission, even if the names were on the google spreadsheet, the missing names would earn a 0. I didn't think this was quite fair, since Mel never clarified this in lecture.

    Quizzes were also quite annoying. Every lecture, Mel would have us to do 2-3 mini-quizzes on our phones. The quizzes were password protected, so lecture attendance was mandatory. Sometimes, Mel would lose track of time, so we sometimes had to do the quizzes immediately after class (with a 3 minute deadline!). I felt sorry for those who have a class right after this.

    This class is one of the easier ones to take, but needs to be way more organized.

Course

Previously taught
24S 23F 23Su 23S 22F 22Su 21F 21Su 21W 20F 20Su 20W 19F 19Su 19W 18F 18Su 18W 17F 17Su 17S 16F 16S 15F 15S 14F 14S 13F 13S 12F 12S

Grading Information

  • Has a group project

  • Attendance required

  • 1 midterm

  • Finals week final

  • 100% recommend the textbook