Study Scheme :
Study Scheme :
(Applicable to students admitted in 2011-12)
(Applicable to students admitted in 2011-12)


Students are required to complete a minimum of 62 units of courses as follows :
A) Required Courses 32 units
ECON1101MATHEMATICAL METHODS IN ECO I
ECON1111MATHEMATICAL METHODS IN ECO II
ECON1131FINANCIAL ACCOUNTING FOR ECON
ECON2011§BASIC MICROECONOMICS
ECON2021§BASIC MACROECONOMICS
ECON2121METHODS OF ECONOMIC STATISTICS
ECON2311ECONOMY OF HONG KONG
ECON2901GUIDED STUD CURR ECO PROB I
ECON3011INTERMED MICROECONOMIC THEORY
ECON3021INTERMED MACROECONOMIC THEORY
ECON3121INTRODUCTORY ECONOMETRICS
ECON4901GUIDED STUD CURR ECO PROB II
B)
30 units of elective courses in Economics at 3000 or above level*. Major students are allowed to take courses from our graduate programme subject to the consent of course instructor. The units and grades earned are counted towards the Major elective requirement.
30 units
   
Total: 62 units
§

Not to be included in the Major GPA.

*
Among these 30 units of elective courses, students may choose 1) not to specialize in any concentration area, or 2) specialize in a maximum of two concentration areas, but the courses taken in the two areas should not be double counted. Students have to take at least 15 units in each area. Besides the subjects listed below, the Department may approve the inclusion of relevant special topics courses or graduate courses.
Students may declare a concentration i) after the requisite courses for a concentration have been completed, or ii) in the same term that the requisite courses for a concentration are expected to be completed. Upon completion of all requisite courses for a concentration, the said concentration will be indicated in the academic transcript. For detailed application procedures, students should refer to announcements from the Registration and Examinations Section.
Four concentration areas :
Advanced Economics
 
(i) Required Courses
ECON4010 ADV TOPICS IN MICROECONOMICS
ECON4020 ADVANCED MACROECONOMICS
(ii) Elective Courses
ECON3150 Mathematical Methods in Economics III
ECON3160 GAME THEORY
ECON4110 INTRODUCTORY MATHEMATICAL ECO
ECON4120 APPLIED FORECASTING METHODS
ECON4910 SENIOR THESIS RESEARCH I
ECON4920 SENIOR THESIS RESEARCH II
(a) At least 6 units from ECON3150, 3160, 4110, 4120, 4910 and 4920
(b) up to 3 units from Mathematics or Statistics courses at 3000 or above level#
Financial Economics
 
(i) Required Courses
ECON3410 MONEY AND BANKING
ECON3420 FINANCIAL ECONOMICS
(ii) Elective Courses
ECON3140 FINANCIAL DATA ANALYSIS
ECON3520 ECONOMICS OF CAPITAL MARKETS
ECON3540 CORPORATE FINANCE
ECON3560 ECONOMICS OF REAL ESTATE
ECON3580 EMERGING FIN MARKETS OF CHINA
ECON3620 INTERNATIONAL FINANCE
ECON4120 APPLIED FORECASTING METHODS
ECON4450 ECONOMICS OF DERIVATIVES
ECON4470 ECONOMICS OF BEHAVIOURAL FINANCE
Business Economics
 
(i) Required Courses
ECON3480 INDUSTRIAL ORGANIZATION
ECON3590 BUSINESS ECONOMICS
(ii) Elective Courses
ECON3320 ASIA-PACIFIC ECONOMIES
ECON3330 ECONOMY OF JAPAN
ECON3430 PUBLIC FINANCE
ECON3470 LABOUR ECONOMICS
ECON3530 INTERNATIONAL ECONOMICS RELATIONS
ECON3560 ECONOMICS OF REAL ESTATE
ECON3570 IT & ECONOMY
ECON3610 INTERNATIONAL TRADE
ECON3620 INTERNATIONAL FINANCE
ECON4120 APPLIED FORECASTING METHODS
Chinese Economy
 
(i) Required Courses
ECON3310 ECONOMY OF CHINA
One course from:-
ECON3340 ^TRADE & INVEST AMONG THE CHI ECO
ECON3460 @DEVELOPMENT ECONOMICS
(ii) Elective Courses
ECON3220 COMPARATIVE ECONOMIC SYSTEMS
ECON3240 ECONOMICS OF TRANSITION
ECON3250 CHINESE ECO: HERITAGE & CHANGE
ECON3350 CHINA HK & THE WORLD ECONOMY
ECON3360 CHINESE ECONOMY IN TRANSITION
ECON3370 BUSINESS ENVIRONMENT OF CHINA
ECON3580 EMERGING FIN MARKETS OF CHINA
ECON4870 SELECTED TOPIC IN THE CHINESE ECONOMY
ECON3340 ^TRADE & INVEST AMONG THE CHI ECO
ECON3460 @DEVELOPMENT ECONOMICS
#
To be included in the Major GPA. Units counted towards the fulfilment of the Economics Major Programme requirements shall not be counted towards the fulfilment of the Minor Programmes in Mathematics or Statistics, and vice versa. Economics Majors minoring in MATH or STAT are required to declare which MATH or STAT courses will be counted towards requirements of the Major Programme at their final term of attendance. Economics Majors not minoring in MATH or STAT but have passed such courses are also allowed to choose to declare up to a maximum of 3 units, if they have fulfilled their 9 units of ECON elective courses.
^
If ECON3340 is not taken as a required course, it can be taken as an elective course.
@
If ECON3460 is not taken as a required course, it can be taken as an elective course.
 

Course Exemption
  1. Economics Majors who have obtained a grade "E" or above in "Principles of Accounts" in the HKALE or equivalent may choose to apply for exemption of ECON1131. The Major unit requirement will be reduced by 3 units.
  2. Economics Majors who have obtained a grade "E" or above in "Pure Mathematics" in the HKALE or equivalent may choose to apply for exemption of ECON1101. The Major unit requirement will be reduced by 2 units.

Course Restrictions :
A. Equivalent Courses
  1. All Economics Majors are not allowed to take the following courses in Column B listed as equivalent to ECON2121 unless such courses are required by the students' Minor Programmes.
  2. Economics Majors would be exempted from taking ECON2121 if they have passed any of the listed equivalent courses in Column B. The minimum Major Programme unit requirements will reduce 3 units. However, equivalent courses in Column B will not be included in the Major GPA calculation.
  3. If Economics Majors take both the ECON courses and the corresponding equivalent courses, the units of the equivalent courses will not be counted towards the requirements for graduation unless such courses are required by the student's Minor Programmes.
  4. If transfer students have taken the courses in Columns A and B before transferring to the Economics Programme, units of both courses in Columns A and B will be counted towards the requirements for graduation.
    Column AColumn B
    ECON2121DSME2010 or
    STAT2101
B. Duplicate Courses
  1. All Economics Majors are not allowed to take the following courses in Column B listed as duplicate courses of ECON2011, 2021 and 2121 unless such courses are required by the students' Minor Programmes.
  2. Economics Majors who had taken and passed such duplicate courses in Column B would not be exempted from the corresponding required courses in Column A.
  3. If Economics Majors take any courses in Column B, the units of the courses will not be counted towards the requirements for graduation unless such courses are required by the student's Minor Programmes
  4. If transfer students have taken the courses in Column B before transferring to the Economics Programme, the units of such courses will be counted towards the requirements for graduation.
    Column AColumn B
    ECON2011DSME1030
    ECON2021DSME1040
    ECON2121GRMD2102 or
    PSYC2010 or
    SOCI1004 or
    STAT2103/UGEB2471
    or STAT2104
C. Advanced Comparable Courses
Economics Majors who have passed the following courses in Column B listed as advanced comparable courses of ECON2121 are regarded to have satisfied the requirement of ECON2121.
Column AColumn B
ECON2121SEEM2430 or
STAT2006
 

Students with associate degrees and students with higher diplomas are required to complete 58 and 53 units of courses respectively as follows:

 

Students with
associate degrees


Students with
higher diplomas


(i)

Required Courses:

28 units

23 units

 

ECON2311ECONOMY OF HONG KONG
ECON2901GUIDED STUD CURR ECO PROB I
ECON3011INTERMED MICROECONOMIC THEORY
ECON3021INTERMED MACROECONOMIC THEORY
ECON3121INTRODUCTORY ECONOMETRICS
ECON4901GUIDED STUD CURR ECO PROB II

(a)

Students with associate degrees depending on their academic background are required to take at least 12 units listed below:

 

 

 
ECON1101MATHEMATICAL METHODS IN ECO I
ECON1111MATHEMATICAL METHODS IN ECO II
ECON1131FINANCIAL ACCOUNTING FOR ECON
ECON2011§BASIC MICROECONOMICS
ECON2021§BASIC MACROECONOMICS
ECON2121METHODS OF ECONOMIC STATISTICS

(b)

Students with higher diplomas depending on their academic background are required to take at least 7 units listed below:

 

 

 
ECON1101MATHEMATICAL METHODS IN ECO I
ECON1111MATHEMATICAL METHODS IN ECO II
ECON1131FINANCIAL ACCOUNTING FOR ECON
ECON2011§BASIC MICROECONOMICS
ECON2021§BASIC MACROECONOMICS
ECON2121METHODS OF ECONOMIC STATISTICS

(ii)

30 units of elective courses in Economics at 3000 or above level*. Major students are allowed to take courses from our graduate programme subject to the consent of course instructor. The units and grades earned are counted towards the Major elective requirement.

30 units

30 units

 

 

 

 

 


Total: 58 units


53 units

§

Not to be included in the Major GPA.

*

Among these 30 units of elective courses, students may choose 1) not to specialize in any concentration area, or 2) specialize in a maximum of two concentration areas, but the courses taken in the two areas should not be double counted. Students have to take at least 15 units in each area.  Besides the subjects listed below, the Department may approve the inclusion of relevant special topics courses or graduate courses.

Students may declare a concentration i) after the requisite courses for a concentration have been completed, or ii) in the same term that the requisite courses for a concentration are expected to be completed. Upon completion of all requisite courses for a concentration, the said concentration will be indicated in the academic transcript.

Four concentration areas :

Advanced Economics
 
(i) Required Courses
ECON4010 ADV TOPICS IN MICROECONOMICS
ECON4020 ADVANCED MACROECONOMICS
(ii) Elective Courses
ECON3150 Mathematical Methods in Economics III
ECON3160 GAME THEORY
ECON4110 INTRODUCTORY MATHEMATICAL ECO
ECON4120 APPLIED FORECASTING METHODS
ECON4910 SENIOR THESIS RESEARCH I
ECON4920 SENIOR THESIS RESEARCH II
(a) At least 6 units from ECON3150, 3160, 4110, 4120, 4910 and 4920
(b) up to 3 units from Mathematics or Statistics courses at 3000 or above level#
Financial Economics
 
(i) Required Courses
ECON3410 MONEY AND BANKING
ECON3420 FINANCIAL ECONOMICS
(ii) Elective Courses
ECON3140 FINANCIAL DATA ANALYSIS
ECON3520 ECONOMICS OF CAPITAL MARKETS
ECON3540 CORPORATE FINANCE
ECON3560 ECONOMICS OF REAL ESTATE
ECON3580 EMERGING FIN MARKETS OF CHINA
ECON3620 INTERNATIONAL FINANCE
ECON4120 APPLIED FORECASTING METHODS
ECON4450 ECONOMICS OF DERIVATIVES
ECON4470 ECONOMICS OF BEHAVIOURAL FINANCE
Business Economics
 
(i) Required Courses
ECON3480 INDUSTRIAL ORGANIZATION
ECON3590 BUSINESS ECONOMICS
(ii) Elective Courses
ECON3320 ASIA-PACIFIC ECONOMIES
ECON3330 ECONOMY OF JAPAN
ECON3430 PUBLIC FINANCE
ECON3470 LABOUR ECONOMICS
ECON3530 INTERNATIONAL ECONOMICS RELATIONS
ECON3560 ECONOMICS OF REAL ESTATE
ECON3570 IT & ECONOMY
ECON3610 INTERNATIONAL TRADE
ECON3620 INTERNATIONAL FINANCE
ECON4120 APPLIED FORECASTING METHODS
Chinese Economy
 
(i) Required Courses
ECON3310 ECONOMY OF CHINA
One course from:-
ECON3340 ^TRADE & INVEST AMONG THE CHI ECO
ECON3460 @DEVELOPMENT ECONOMICS
(ii) Elective Courses
ECON3220 COMPARATIVE ECONOMIC SYSTEMS
ECON3240 ECONOMICS OF TRANSITION
ECON3250 CHINESE ECO: HERITAGE & CHANGE
ECON3350 CHINA HK & THE WORLD ECONOMY
ECON3360 CHINESE ECONOMY IN TRANSITION
ECON3370 BUSINESS ENVIRONMENT OF CHINA
ECON3580 EMERGING FIN MARKETS OF CHINA
ECON4870 SELECTED TOPIC IN THE CHINESE ECONOMY
ECON3340 ^TRADE & INVEST AMONG THE CHI ECO
ECON3460 @DEVELOPMENT ECONOMICS

#

To be included in the Major GPA. Units counted towards the fulfilment of the Economics Major Programme requirements shall not be counted towards the fulfilment of the Minor Programmes in Mathematics or Statistics, and vice versa. Economics Majors minoring in MATH or STAT are required to declare which MATH or STAT courses will be counted towards requirements of the Major Programme at their final term of attendance. Economics Majors not minoring in MATH or STAT but have passed such courses are also allowed to choose to declare up to a maximum of 3 units, if they have fulfilled their 9 units of ECON elective courses.

^

If ECON3340 is not taken as a required course, it can be taken as an elective course.

@

If ECON3460 is not taken as a required course, it can be taken as an elective course.


  1. Students are required to complete a minimum of 18 units of Economics courses including ECON2011, 2021 and 12 units of other courses selected from ECON2311 or courses at 3000 or above level.
  2. A student whose Major field is in the Programme of IBBA, IFAA, QFIN and PACC and who wishes to minor in Economics is required to complete a minimum of 15 units of Economics courses selected from ECON2311 or courses at 3000 or above level.
  3. RMSC Majors who wish to minor in Economics can be exempted from taking ECON2011 if they have passed DSME1030. However, they are still required to complete a minimum of 18 units of economics courses including ECON2021 and 15 units of other courses selected from ECON2311 or courses at 3000 or above level.
Department of Economics, CUHK
Last updated : 19 August, 2011