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China's economy ranked second worldwide for the past 12 years, while the country is accelerating the opening-up of its financial markets, including the foreign exchange and stock markets, as well as the fixed income market, to global investors. In the first part of this class, we are going to introduce some basic understanding of Chinese financial market with microstructure foundation. The competition among exchanges, development of trading algorithms, and design of robust market systems all requires combining the theory of market microstructure with an understanding of institutional detail of how financial markets work in practice. Liquidity, transaction costs, trading strategies, insider traders, short sellers, high-frequency trading, crashes, market fragmentation, circuit breakers, market design are topics of great interest to finance professors, market participants, policy makers, and sometimes even to the general public. The second part of this course will focus on Chinese stock market, compared with developed stock markets. The general principles are applicable to all markets. By taking this course a student will have an opportunity to learn (1) how trading takes place in financial markets; (2) how economic theories relate to this trading; (3) how legal, regulatory, and ethical considerations shape the trading process.
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This course will give you a beginner-friendly introduction to the Theory of Computation. The Theory of Computation seeks to categorize computational problems based on their inherent difficulty, measured by the resources (primarily time and space) needed to solve them. It also aims to explore the relationships between different problems, such as determining whether problem X is not harder than problem Y. This course will help you gain a rigorous understanding of computation, including its definition, possibilities, and limitations. Topics include finite automaton and regular language, Turing machine and its variants, computability, and complexity theory.
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This course provides a detailed, vivid introduction to the origin and distinctive artistic features of Chinese traditional culture, namely, the culture of RITES and MUSIC. Arranged in fifteen lectures, the course will first trace the culture foundation imbedded in archeological artifacts (bronzeware, musical instruments, etc.) as well as in Confucian canons. The course will then dive into three perfections of traditional Chinese arts (calligraphy, painting, and poetry) to analyze those “suggestive but not articulate” features in specific artworks. It will also explain the philosophical ideas, aesthetic interests and humanistic values of Chinese culture.
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This course will help students to 1. Understand the origin, development, clinical application and dominant diseases of acupuncture and moxibustion; 2. Be familiar with the experimental progress and scientific research of acupuncture and moxibustion in the treatment of pain, mental disorders, reproductive metabolic diseases, degenerative diseases, bone and joint diseases, etc.
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