Yonsei University

This course examines the role that money and capital markets play in the business and global environment. We first review the structure of financial markets and discuss basic concepts such as money demand and interest rates. We then develop equilibrium theories to understand the behavior of key financial variables such as interest rate, stock price, and exchange rate, and their interactions in global financial markets.  

Students gain enhanced understanding of international financial markets and capital markets and systematically learn the fundamental concepts and determining factors of key elements such as money, interest rates, and term premiums, and study the framework and transmission mechanism of central bank monetary policy.  

The course includes a detailed examination of the key objectives of monetary policy, intermediate targets, and both conventional and unconventional tools used in monetary policy. We explore international financial markets and the global transmission channels of monetary policy, focus on studying the foreign exchange market and exchange rates in detail, and study the experiences and recovery processes of historical financial crises, such as the Asian Financial Crisis and the Global Financial Crisis. Additionally, the course examines the impact of the recent pandemic crisis and inflation shocks, as well as the strategies used to address them. 

This course investigates the relationship between business and government and the role and influence of corporations as political actors in a globalized world. Corporations have emerged as political actors deeply involved in domestic and international policy-making processes, beyond being mere economic entities. This shifting role of the corporate requires the ability to theoretically and empirically analyze the dynamics of business-government relations, and a critical understanding of corporate status and responsibility in global governance is essential.  

Particularly in the current reality where corporate political influence is increasing in various aspects such as lobbying activities, social responsibility, and tax policy responses, systematically analyzing and understanding these phenomena is an important task in modern political science research.  

This course fosters in-depth understanding of corporate roles and influence in the global era; cultivation of analytical perspectives and research capabilities on corporate-government relations; developing critical and practical insights into corporate political activities; acquiring cutting-edge research methodologies and data analysis techniques; and application of useful theoretical and methodological foundations for students interested in corporate politics and global governance, thereby offering practical assistance for future research and practice in related fields.   

This course provides a theoretical examination of government regulations exploring their necessity in the context of market and government failures. It delves into the various types of regulations, how they function, and their impact across different sectors. Additionally, the course discusses the role of government-market interactions in national development. 

Students will gain insight into the foundations of regulatory frameworks and the government's function within them; comprehend the economic principles and theories that underpin government regulations; recognize various forms of market and government failures along with appropriate remedial actions; explore different categories of economic and social regulations, examining real-life cases both domestically and internationally; conduct in-depth analyses of regulatory instances, discerning their impacts and challenges based on these evaluations. 

This course covers recent statistical techniques in high dimensions and applies them to the analysis of real data. Students gain a broad understanding of various (non-convex) penalization techniques, dimensionality reduction, and more, with the goal of learning how to effectively summarize and interpret high-dimensional data and to systematically understand the challenges of analyzing data where the dimensionality of the data is comparable to or greater than the sample size.  

Topics include introduction to high-dimensional data, regression in high-dimensions, (non-convex) penalization methods in high-dimensions, regression in high-dimensional with real-data applications, matrix estimation with rank constraints, graphical models for high-dimensional data, spectral clustering in high-dimensions, principal component analysis in high-dimensions, and quantile regression in high-dimensions.   

This course explores masterworks of short fiction from Nobel Prize winners in Literature from across the globe.  

The course covers the following works and authors: John Steinbeck’s classic American novella about migrant workers and class struggle during the Great Depression, Of Mice and Men; the magical realism of several short stories by Gabriel Garcia Marquez (e.g., A Very Old Man with Enormous Wings); the magical power of fiction in the service of telling gripping stories will be further illustrated by short stories from the Egyptian writer Naguib Mafouz, and the Chinese laureate Mo Yan. 

The course concludes with the most recent Nobel winner Han Kang’s work about resistance and transcendence, The Vegetarian. 

This course introduces media law and relevant issues and largely focuses on the assumptions and normative values about communication and media upon which media law is based, rather than focusing on technical issues of law. This course examines the ways in which media law affects daily lives. Topics include Freedom of Expression and Its Limitations, Free Press and Defamation, Privacy, Obscenity and Image-Based Sexual Abuse, Remedies for Media-Related Harm, Copyright, AI Creation and Copyright, Regulation of Broadcasting and Telecommunications, Digital Platform Regulation, Advertising Regulation, and AI Policy and Governance.