Economics

This course provides a study of the strategic behavior of firms, particularly the concentration indices and monopolistic behavior found in both single and multi-product firms, and examines how price discrimination facilitates an increase in profits. It explores the strategic interaction between firms in oligopolistic markets, models that include time horizon, capacity restrictions, and product differentiation, and the strategic effect of capacity change on firm entry decision or the effect of location decision on firm market power. Students are expected to have completed coursework in microeconomics and game theory

This course covers the basic principles of corporate finance and accounting. The course covers the study of key financial concepts, like the time value of money and arbitrage, the valuation of major securities like bonds and stocks, the financial risk and portfolio theory and the CAPM, as well as the accounting principles and reporting and the financial statements, their nature, content, use, and analysis. The nature of the course is technical and quantitative and employs tutorials and the use of exercises and applications to practice the introduced topics. To make the course more hands-on, we stress the importance of using Excel in solving financial problems, which reflects its wide use in business life. Assumed previous knowledge: for students without an economics background this is an intensive and challenging course. To the extent students lack knowledge of Mathematics and Excel, students are expected to compensate for this on their own.

This course explores the relations between international politics and international relations; perspectives on international political/economic relations; the post-war economic order and its impact on African countries; globalization and the developing world.

This course introduces economic perspectives and methods in order to analyze problems in environmental protection and resource utilization, policy, measures, and institutional arrangements. This course starts from the concept of economics, introducing corresponding analysis models, and conducting in-depth discussions in conjunction with latest cutting-edge research results.

This course examines the organization, structure, and performance of the economy of mainland China. It focuses on the institutional structure of the economy on the micro level, on the changing economic system including the roles of planning and markets, on government economic strategy and policies, and on outcomes with respect to industrialization, the distribution of activity among sectors, economic growth, income distribution, and welfare. The pre-reform period receives attention in its own right, but especially as it influences developments in the market-oriented reform period since 1978. Topics covered include rural and urban development, industrial strategy and planning, economic reform, agriculture, industry, and international trade and investment.

Game theory is a pillar of modern economics. It also plays an ever-increasing role in other social sciences as law and politics, and in natural science as biology. This course is an introduction to game theory, its basic concepts and analytical methods. It examines the ability of using game theory to observe economic behavior and phenomenon in the real world. Course topics include: games with sequential moves; simultaneous-move games with pure strategies; combining sequential and simultaneous moves; simultaneous-move games with mixed strategies; uncertainty and information; strategic moves; The Prisoners' Dilemma; collective-action games; evolutionary games; and bargaining.