Economics

This course explores major theoretical and empirical issues in the field of international political economy (IPE). It focuses on several issue areas in IPE such as international trade, development, and international production networks (multinational corporations).

The course studies the basic structure of China's economy by exploring its historical origins, cultural backgrounds, geographical features, and institutional evolutions. It examines changes within the economic and business environment in China and their likely implications on Southeast Asian economies.

The course is intended to provide a broad introduction to the principles of microeconomic and macroeconomic analysis. Course content varies from year to year, but would typically address the microeconomic analysis of the behavior of individuals and firms, the operation of markets, and government intervention in markets through taxes and regulation; and the macroeconomic analysis of the behavior of economy-wide measures such as output, unemployment, money, interest rates, and inflation.
 

The course develops a sufficient understanding of fundamental financial accounting concepts, terminology, and techniques in order to comprehend typical corporate financial statements provided in annual reports and apply accounting knowledge to business decision-making. 

This course explores the concept of global sustainability including limitations and challenges, economic growth and technology, globalization and fragmentation of production processes, population and inequalities, and national and international economic and political instruments.