Economics

This course examines the fundamental ideas and important methods in causal inference. Combining statistical theory, scientific principles of research design, and hands-on experience with real data, this course will provide students with a solid basis for being good consumers and practitioners of empirical research in economics and other quantitative social sciences. The course will draw on applications from development, labor, and business economics with particular attention to policy evaluation. 

This course examines the economic transformation of less-developed countries from microeconomic and macroeconomic perspectives. It covers applied topics such as education, health, nutrition, demographics, labor, agriculture and the private sector, focusing on how policies attempt to overcome market and institutional failures that are particularly acute in the developing world. 

This course examines the use of economic tools to assess and develop environmental protection strategies. This includes methods for evaluating “environmentally friendly” products, projects and policies in terms of their benefits and costs. Benefits considered include marketed benefits, such as energy savings and avoided property losses, and non-marketed benefits, such as improvements in human health and conservation of biological diversity. Economic tools for solving environmental problems that will be considered in the subject include taxes on environmentally harmful activities, tax deductions for “environmentally friendly” activities, making polluters or “risk creators” pay for environmental damages, and allowing private ownership of environmental assets.

This provides students with an understanding of the nature and structure of the disclosures that an acquirer must make when proposing a merger with a target. Particular attention is paid to data that is useful for valuation purposes when trying to appraise a target with a view to developing a target identification methodology. Course topics include the anatomy of a typical merger – mini case study; overview of Mergers Analysis – methods to identify prospective targets using financial statements; brief outline of US and European financial reporting requirements; required filings to raising finance to publicly fund transactions; obtaining a purchase price and creating a Pro Forma Valuation; special topic on fair values, goodwill, and intangibles valuation; applied examples; constructing projections including accretion and dilution; and ex-post analysis of deals. Prerequisites for the course: introductory level accounting.

This course explores the effect of taxes and how they should be imposed. It mainly focuses on microeconomic analysis. The first half of the course discusses the theoretical analysis of taxation, and the second half is related to specific taxation schemes and policy debates in Korea. 

Through the study of this course, students will have an in-depth understanding of China's reform and opening up process, understand the characteristics and laws of contemporary China's economic development, and understand and master the socialist economic theory with Chinese characteristics.

Summarize and sort out the historical process and current situation of China's economic system reform, explore China's state-owned enterprise management system, land system, employment and income distribution system, analyze China's economic development strategy, industrial structure adjustment, rural issues, foreign economic and trade relations, etc. .

This course provides a basic introduction to international finance. Emphasis is on techniques of qualitative and quantitative financial decision-making related to international finance. Topics include Korean economy, exchange rate determination, forecasting, macroeconomic policy, and financial crises.

This course examines the economic forces involved in international commerce. It investigates the economic impact of international trade and trade policies, and explores various theoretical methods and practical issues related to external economic activities in the globalized world economy.

This course analyzes the economic development experiences of the ASEAN economies in post-war years with emphasis on the role of ASEAN economic cooperation. Major topics covered include agricultural and rural development, industrialisation, international trade, resource transfers, development of local capital, ASEAN's international economic relations and future prospects for ASEAN growth and economic cooperation.