Economics

In this course, students learn from a theoretic and empirical point of view, how economists study gender and ethnicity in the economy. This includes considerations of the education system, the labor market, and the role of the state. The course uses applications of microeconomic theory and modern empirical methods to establish the facts about the effects of gender and ethnicity differences in the economy and to evaluate policies designed to address these effects. This course uses a flipped learning method. 

The course develops a comprehensive understanding of microeconomic analysis, including the economics of the consumer, the firm, markets and market failure, and welfare economics, building on the microeconomic content of 4QQMB102 Principles of Economics. The course outcomes include developing a critical awareness of the applications and limitations of microeconomic models in relation to policy issues in particular markets.

This course offers an introduction to various international business disciplines including international management, international finance, international marketing, international accounting, international business operations, and international business law. It examines the vision and tools required to effectively manage the challenges that globalization, changing world markets, and cultural differences demand.

This course examines issues related to the international economy. It consists of two parts, namely international trade and international finance. International trade focuses on the pattern, gains and effects of international trade. International finance explores exchange rate determination, international payment adjustment and international macroeconomic policy design.

This course develops a hands-on approach by learning and applying the methods of behavioral economics to public policy. It reviews research on human decision making from psychology, political science, organizational behavior, and economics and looks for easy‐to‐implement solutions. The course builds skills to identify human biases and creatively design behavioral interventions, policies, or products that help people make better decisions.

The course develops a systematic understanding of the key areas of the world economy – trade, investment, and finance – and how they impact on each other. Theory is applied to international economic events, issues, and trends. As the international economic environment is dynamic in nature and is impacted by real world developments in business, politics, and finance, the course coverage is updated periodically to include current real world evidence as well as recent academic and empirical findings.  As such, during the semester topics to be analyzed include Brexit (Britain’s exit from the European Union), the political economy of immigration, and the return of resource nationalism.