Economics

This course aims to provide students with a comprehensive and accurate understanding of the fundamental theories of tourism investment through lectures, and to establish a systematic knowledge base. 

This course provides students with an in-depth understanding of innovation and its dynamics. It explores the determinants of innovation, drawing on theories to examine how and why innovation occurs, and the types of innovation that may emerge from different political economy perspectives and institutional frameworks. Part of the course involves examining policy evaluation and design, specifically discussing how to provide policy advice that considers the complex societal ecosystem, including societal hopes and fears.

This course provides an overview of the applications of big data for decision making from a capital market perspective. As the data storing costs decrease and processing capabilities increase, capital market participants have started to look beyond the traditional financial statements (the balance sheet and income statement etc) to assist their decision making. This has important implications for both reporting firms (i.e., the information producer) and their investors (i.e., the information consumer). The course is to cover the most recent and most important developments in this field.

This course discusses the main instruments of management accounting. Topics include: income statement types; CVP analysis; pricing decisions; budgets; job and process costing; ABC and department costing. Pre-requisites: Introduction to Accounting.

The course covers a wide range of themes representative of contemporary issues in development economics. It considers what are the developing worlds and what are the major development strategies. It also covers development policies: the roles of the market, the state and civil society; agricultural transformation and specific problems in rural areas; population growth and development; work and informality; urbanization: dynamics, issues, problems; environment and development; poverty and inequality; human capital, human development and growth; development aid; natural resources; violence and crime: dynamics, issues, and explanatory models; democracy and development.

This course develops students' knowledge of the key microeconomic issues facing developing economies, and deepens their familiarity with modern analytical and empirical approaches to development economics with an emphasis on the most recent advances in the field. Students also learn about the use of formal microeconomic modelling in development, the links between formal models and empirics, and the seminal debates in development. Students must have taken a microeconomics course prior to enrollment.

This course is an introduction to international trade for students who already have sound knowledge in introductory microeconomics. The course covers the following topics: the main reasons for trade; trade patterns; trade and income distribution; FDI and outsourcing; trade policy instruments; the World Trade Organization, and the multilateral trading system. 
 

This course provides students with an integrated understanding of the dynamics of environment-economy interactions, including the depth of dynamic and nonlinear behavior of the environmental and economic systems as they interact and change over time. This contributes to develop students’ innovative use of specialized knowledge and critical thinking skills in designing cost-effective environmental planning and programs in addressing many of today’s complex environmental challenges and economic issues. 

The course then discusses of a wide range of topics, covering the theory and practice in system dynamics; complex economy-environment system interactions and their resultant multiple cause and effect consequences; theory and practice in environmental policymaking, and the role of value orientations in sustainable environmental decision-making and policy design, among other subjects of interest. The discussions will be empirically tested using relevant case studies drawing from academic research and actual field study. 

This course will enable finance students to understand the fundamental principles and operational mechanisms of modern supply chain finance, laying a theoretical and practical foundation for their future engagement in relevant financial practices, and cultivating reserve talents in supply chain finance for financial institutions. The main content of the course includes the evolution of supply chain finance, differences in theory and practice between domestic and international contexts, the framework and principles of supply chain finance, related product portfolios and risk management, logistics finance, online supply chain finance, supply chain finance ABS, and conducting theoretical and practical innovation research based on the knowledge acquired.