Intellectual property consists of monopolies or exclusive rights which the law grants or recognises for the purposes of encouraging or rewarding inventive or creative effort, or of preventing unfair competition.

The module focuses on:

copyright which confers exclusive rights over the use of such matters as literary and artistic works, sound recordings, films and broadcast;

trade marks which grant to a particular producer or supplier a monopoly over the use of a sign, so as to enable it to identify goods or services as ones which it has produced or supplied; and

patents which grant a monopoly over the use of a technological invention.

designs, which protect the visual appearance or eye appeal of products.