Economics

This course improves students’ understanding of the complexities presented by managing businesses in an international environment. It begins with a historical background of globalization and the development of institutions to support international transactions. Potential similarities and differences between countries in economic development, political and legal systems, culture, government policies on trade, and in accepting foreign investments are discussed. Differences in national monetary systems and capital markets are considered with reference to globalization and the integration of world markets. The second part of this course reviews the role of location, the strategy and organization of multinational corporations (MNCs), cross-border alliances and international mergers and acquisitions, and the formation of international knowledge networks for technology creation. The course concludes with ethical issues faced by international businesses. The course uses Hill’s 14th edition of ISE International Business: Competing in the Global Marketplace. Students also need to register on the Harvard website (www.hbr.org) and purchase assigned cases using a link included in the course manual.

This course introduces topics in the tourism market by examining real tourism market and survey data. The course offers an examination of the tools for tourism market analysis and research, including previewing and predicting, questioning, inferring the main idea, identifying the overall structure about the tourism market and survey, paraphrasing, summarizing, drawing conclusions from survey of tourism market, and reading critically by using a variety of different kinds of clues. The ultimate goal of the course is to provide students with opportunities to increase their schematic as well as tourism market knowledge, exercise their reading skills, improve their practical ability of survey and tourism marketing and research.

The Internship Workforce course provides students with an overview of working in the United Kingdom. The course looks at the changing organizational structures of work in Britain. It examines the social and economic changes that affect the workplace in the UK. Topics covered include: sociology of work, trade unions, oppression at work, generational changes at work, and the future of work. An internship while studying in London provides an opportunity to experience a “hands on” working situation and a different perspective on the workplace and working practices, while developing professional skills.

This course is designed to provide a basic starting point to understand behavioral finance. At the micro-individual level, students are supposed to master more decision-making knowledge and understand how real people make judgments and choices; at the macro-market level, students are supposed to master certain market-invalid knowledge and understand the arbitrage and strength of neoclassical finance and limitations of strength; for financial applications, students are supposed to be aware of how behavioral finance knowledge is applied to stock pricing, building portfolios, corporate finance, and so on.

This course examines the rules of economic activity in an open economy, focusing on international trade, multinational corporations, international investment, international finance, and international Macroeconomics. Based on the facts of China's economic opening-up, economic globalization and the development of international economics, this course focuses on the theories and policies of international trade, the determination and change of exchange rate, the adjustment methods of international payments, macroeconomic policies under the open economy conditions, and the international monetary system. Through the course, students can rely on the theory of international trade, international investment, exchange rate theory, theory of international balance of payments and international macroeconomic theory, using the modern economics analysis method, combining the data between macroeconomic and microeconomics to explain international economic phenomena.

The teaching objective of this course is to identify and clarify the basic concepts, principles, interrelationships and applicable conditions of insurance; Summarize the basic knowledge system of insurance, and understand the representative research results in related fields; Understand the main ideas in the establishment and development of the basic theory of insurance. Integrate the insurance knowledge system and establish an organic link between the knowledge modules; And establish contact with different disciplines (such as economics and psychology). Recognize and optimize their own risk thinking, as well as the ability and thinking mode related to observation, thinking and creation; Understand the tools used by others to deal with risks, exchange experiences, compare and accept the differences and diversity of each person's understanding and thinking, and learn from each other.

This course describes the most general laws, basic theories, principles and methods of insurance. This course mainly includes four knowledge modules: basic concepts and principles of insurance, property and liability risk and insurance, life and health risk and insurance, and insurance supervision. Through the study of this course, students will have a comprehensive understanding of the basic principles of insurance and China's insurance market, fully grasp the emergence, development and market laws of insurance, improve college students' risk awareness and insurance awareness, and lay a professional foundation for other courses of insurance.

The first part of this course is designed to help students to understand the modern theories of financial markets and banking. The second part of this class investigates how the central bank affect the real economy and how the monetary policy must be conducted. Finally, we study the recent global financial crisis.