Information Economics
Subject: Economics | Topics:

Information Economics actually indicates the monetary value of information must be presented in such a way as to create an opportunity for trade if that is the end desire of the supplier. It takes unique properties of information and applies them to a more acceptable economic theory. Information based economy must coexist with a vast manufacturing sector in which knowledge is not the basic raw material.  Information Economics is basically a theory in microeconomics that has developed simply because of the unique nature of information.

Related Economics Paper: