Technology, Society and the Firm

SOC1 Technology, Society and the Firm

Autumn 2024

  • Topics

    SOC1 Technology, society, and the firm is a course taught in the first semester with the firm and the role of technology in business as the overarching theme. The course will introduce the student to the importance of technology to society as a whole, as well as its parts - industries, consumers, and firms. This naturally bridges the second and third semesters of the program emphasizing the use and management of technology and technological changes. SOC1 lays out the foundation for SOC2, both of which take a broader perspective on the role of the firm in society, addressing the many dilemmas and opportunities that technological development has created and will create. SOC1 is also intertwined with BUD1 and COM1 taught in the first semester of the BEDS program.

    In SOC1, we will study the effects of technology and technological changes and answer questions such as:

    • How are markets, businesses, and economies affected by technological disruptions?
    • What role has technological change played in the development of society, economy, industries, and firms?
    • Which factors promote technological change and development and how are they incorporated in businesses and organizations to obtain growth and development?

    To answer these questions, we draw on theories on technological change and its impact on the economy, the firm, and society. We will use qualitative and quantitative approaches, including theoretical and empirical studies. We will use classroom teaching, case studies, and group work as teaching methods.

    The course is structured around four modules:

    Module 1. Technological change, economic growth, and sustainability at the country level

    Module 2. Technological change, labor markets, and product markets

    Module 3. Technological change and the firm

    Module 4. Technological change and political structure

  • Teaching

    The course consists of lectures, class discussions, group work and student presentations.

  • Restricted access


  • Recommended prerequisites


  • Required prerequisites


  • Credit reduction due to overlap


  • Compulsory Activity

    Students are expected to attend in 75% of the lectures and contribute actively in class. 

    All students are required to take part in:

    • Group work including presentation in class.
    • Class discussions on various topics.
    • Attending and commenting on other groups’ presentations.

  • Assessment

    The assessment will be based (100%) on an individual pen and paper school exam (3 hours). The exam answer must be written in English.

  • Grading Scale

    Grading scale is A-F.

  • Literature

    Overview of the literature will be provided in Leganto.

  • Permitted Support Material

    One bilingual dictionary (Category I) 

    All in accordance with Supplementary provisions to the Regulations for Full-time Study Programmes at the Norwegian School of Economics Ch.4 Permitted support material and  


ECTS Credits
Teaching language

Autumn. Offered autumn 2024.

Course responsible

Associate Professor Anna Ignatenko, Department of Economics