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Grade Spring Semester Fall Semester

Grade Ⅰ

Principles of Economics

Principles of Economics

Principles of Economics

Principles of Economics

Grade Ⅱ

Economy and History

Korean Economy

Economy and Game

Agricultural Economics

Microeconomics

Macroeconomics

English for EconomicsⅠ

English for EconomicsⅡ

Population Economics

Applied Data Analysis in Economics

Basic Data Analysis in Economics

Digital Economics

Consumer Economics

Grade Ⅲ

Public Finance

Labor Economics

Economic Policy

Economic Development

Money and Banking

Economic Information Analysis

Regional Economics

Cultural Economics

Environment & Resource Economics

Industrial Organization

International Economics

Grade Ⅳ

The Economic Development in Japan

Welfare Economics

Global Financial Markets

Law Economics

Economic Practice Seminar Ⅰ

Economic Practice Seminar Ⅱ

 

Principles of Economics

This course deals with behavior of firms, price determination, efficiency in production and equity in distribution, aggregate demand and supply, saving, investment, the level of employment and national income determination, monetary and fiscal policies.

 

Applied Data Analysis in Economics

This course emphasizes the applications of basic statistical theory in the estimation and testing of statistical relations. In computer labs, using Excel, student calculates descriptive statistics, probabilities, and least square regression coefficients in situations based on current business and economic events.

 

Regional Economics

This course deals with the analysis of the regional economy's spatial dimension, emphasizing interregional capital and labor mobilities, objectives and issues of regional policies, lagging regions, growth poles, and regional growth and income distribution.

 

Economic Information Analysis

This course includes point and interval estimation, hypothesis testing, extensions of multiple regression, and computer calculation of least squares estimators and test statistics using software packages.

 

Population Economics

Population is an important factor that is closely related to the problems of food, land, housing, natural resources, traffics, education, labor supply and employment, urban and rural developments, etc. Therefore, this subject is very useful in understanding our daily economic life. This course focuses mainly on the study of the issues in population and economy, the theories and history of population economics, aging population, labor movements, and other problems related to population in Korea and other counrties.

 

Economic Policy

In this course, we treat the basic theories of economic policy such as government's role in the market economy, economic growth and stabilization policy, price stability, competition policy, income distribution, and economic welfare, etc.

 

The Economic Development in Japan

In this subject, we study the history of modern economic development in Japan, and the prospect the Japanese economy in the future. Furthermore, the main differences between the economic systems of Korea and Japan are discussed.

 

Korean Economy

The Korean economy is deeply analysed by applying economic theory in this course. In the lecture, we discuss what the problems the Korean economy faces are, and talk about how to solve the pin-pointed problems. As a result, the subject largely focuses on providing students with the ability to solve realistic issues in real economy.

 

Labor Economics

The purpose of this course is to examine labor problems with the viewpoint of economics, and to provide some ways to be able to solve the problems. For this purpose, this course introduces the various theories of labor economics such as wages, labor markets, and the relationship between employee and employer, etc.

 

English for EconomicsⅠ

This course studies a basic microeconomic theory in English in order to improve students' capability of writing, speaking and reading the materials in English.

 

English for Economics Ⅱ

This course studies a basic macroeconomic theory in English in order to improve students' capability of writing, speaking and reading the materials in English.

 

Public Finance

Public Finance studies the economic behaviour and role of the states, and implications of different approaches. It deals with public choice, economics of the welfare states, income transfers, health care and education, the effects of taxes on labour supply and savings, etc.

 

Economic Development

This course is to provide an introduction to new ways of thinking on the problem of economic development. The emphasis throughout the lecture is on structural change, income distribution and poverty, development strategies and development theory. Participants learn theoretic and practical approaches to economic development and immediately apply this information to a case studies.

 

Welfare Economics

The 1997 Korean economic crisis provided a chance to recall the impact of globalisation, in particular, it exposed the social dimension of the economic crises. Recently, there is a full agreement that economic reforms and liberalization cannot proceed without the establishment of adequate  social security system to cushion against the impact of the shock. In this course, social security system for developing market economies are studied.

 

Microeconomics

Microeconomics is the study of how people choose under the restrictions of scarcity. We cover the Economic theories of consumer behavior, producer behavior, the role of markets in making economic decisions; conditions for efficient resource allocation through market mechanisms; market imperfections, strategic behaviors, etc. This course deals with the theoretic analysis of consumers, firms, markets, and price determination.

 

Environment & Resource Economics

The Environmental and Natural Resource Economics emphasize the topics the most relevant to the study of the environment, including externalities, regulation, public goods, and consumer surplus. And environmental and resource use problems; efficient mechanisms and other policies for environmental protection, management of common property resources.

 

Industrial Organization

The industrial organization is a theory course in modern industrial organization. We cover Market structures; the effects of business practices, informational problems on market structures; appraisal of antitrust policies, governmental regulation on business. We will study the function of the markets by analyzing the behavior of non-competitive firms. We will analyse the models of microeconomics and the game theory to develop strategical thinking and to understand how firms make their decisions. We will use these theoretic insights to explain observed features of particular markets and industries.

 

Economy and History

Economy and History will provide participants with various topics in the economic history. Topics include economic characteristics of the primitive society, the feudal society or the state feudal society, the capitalistic society. Also, Economy and History also deals with economic aspects of each stage and its historical natures, and even the materialistic arenas.

 

Economy and Game

The course will provide participants with an introduction to both the mathematical economics and a basic game theory, focusing on its uses in economics. Main ideas in mathematical economics are introduced and illustrated using problem sets from microeconomics

 

Digital Economics

Digital Economics focuses on the basic theory, the demand- and supply-side analysis, the pricing mechanism, and the regulations of the tele- communications, and also the network economic systems to comprehend the economic aspects from the development of the telecommunications and the information society.

 

Cultural Economics

Cultural Economics provides the economic analysis of many cultural activities and their offsprings as the very commodity dealing in a real world. Topics include their demand and supply phenomenon and pricing mechanism.

 

Law Economics

Law Economics presents the economic model of crimes, and assesses the evidence that evaluates this model. Specific topics include the economic characteristics of the contract law, the tort law, the anti-trust laws, etc.

 

Basic Data Analysis in Economics

To analyse scientifically the various data in social science area such as economics, finance and management etc, several statistic techniques are introduced. Specifically, basic statistics theories are studied for empirical analysis, and some statistic exercises are taken by using actual data.

 

Macroeconomics

This subject is an area to see the economy in the sight of national economy. Specifically, this subject treats basic macroeconomic theories  on national income, inflation and unemployment, exchange rate and current account, economy growth and business cycles.

 

Money and Banking

Understanding various financial assets such as money, bond and stock, and analyzing the structure of money markets are one of major topics. In addition, enhancing the understanding of the relationship between real and financial economies is a crucial achievement in monetary economics.

 

International Economics

This subject introduces international economics in the elementary level. The basic theories on international trade, instruments of trade policy, exchange rates and foreign financial markets, the balance of payments, international monetary system are studied.

 

Global Financial Markets

Understanding the environmental changes of global financial markets,  international monetary systems, and various global financial markets such as foreign exchange markets, euro-financial markets, offshore financial markets and derivative financial markets. The activities of global companies and hedge funds in global financial markets are studied as well.

 

Consumer Economics

The behaviour of consumers has been considered as an important factor in various economic theories. Accordingly, in this subject, we study the basic theories related to consumers and consumer's behaviour comprehensively. Specifically, the optimal choice problems including consumer utility theory and consumer preference theory and the other comsumer theory such as consumer behaviour, consumer welfare, the choice problem between labour supply and leisure, and household production are major topics in this course.

 

Agricultural Economics

In this subject, we study the role and property of agriculture, the relationship between agriculture and non-agriculture in national economy, the micro- and macroeconomic analysis of agriculture, the theory and model of agricultural development policy. Furthermore, we study the position of agricultural economy in the aspect of industrial structure and the role of agriculture in economy development. Specially, we try to find out in which direction our agriculture sector should go under WTO system that has required the opening of agricultural markets.

 

Economic Practice Seminar Ⅰ, Ⅱ

In this course, seniors, who studied major subjects in Economics, may study how to practice their knowledges in the fields of various occupations. This practice will lead up to taking up a jop that may be suitable for each students. 2 credits are given for first and the second semesters, respectively. In the first semester, the experts working in financial institutions, public institutions, and other private companies are invited to give lectures related to their fields. During the summer vacation, the students, who finished the first part of the course, may choose an institution that they would like to work in under the supervision of their advisers. And then, they would be required to serve their internship in the chosen institution. The students, who completed their internship would discuss their performance with their advisers to prepare for taking up a job in the second semester.