Major Of Economics And Finance

• 1-1,2

  CurriculumThis table demonstrates the curriculum accroding to academic year.

  1- 1	INTRODUCTION TO FINANCIAL ACCOUNTING This course provides an introduction to accounting within the context of business and business decision. The audience will explore accounting information’s role in the decisions marking process, and learn how to use various types of accounting information found in financial statements and annual reports. Understanding how accounting information can be used to make better business decisions will benefit all students, regardless of their major course of study or chosen career.
  1- 1	SEMINAR FOR ACADEMIC LIFE 1. Summary of the course This course is to assist university freshmen in CRM designing to adapt university life well through the instruction and counselling of supervising professor. (This course is composed of self analysis, personality type test, career research, instruction for the success of university life, career plan and direction setting, CRM designing method and CRM designing. The course should be teaching in classes of the students by supervising professor.) 2. Course objectives This course is to motivate the students before the mid term exam and provide students with self analysis, personality type test (MBTI or TCI) and career research (YAT test). Also, this course shall has a plan to instruct the students to enhance the efficiency of university life through career and time management. In addition, this course is to make a chance for the students to have practical assistance to university life by providing study method, report designing strategy and the information on academic system and various kinds of internal programs of the university. After the mid term exam, the students will be instructed to set the direction of career designing through continuous counselling of supervising professor and the students will be able to establish CRM designing and execution plan.
  1- 1	SOFTWARE AND AI Software and AI (Artificial Intelligence) course aims to educate the basic concepts of software and computational thinking to use them in various applications. It allows students of various majors to experience the core technologies of the 4th industrial revolution, such as big data, machine learning, and AI. It also introduces various applications of AI so that students can easily apply these technologies to their field of study. This course classifies the lecture types into three categories, and adjust the lecture difficulty according to the student's academic ability.
  1- 1	UNDERSTANDING IN BUSINESS MANAGEMENT The corporations in 21st century have been severely challenged by the accelerated changes in local and global business environments complicated with diverse issues from the political, economical, socio-cultural, and environmental aspects. The main reason of studying management is contributing to suggestion of directions and principles for solving diverse problematic phenomena faced in management practices and for further development of our society. The purpose of this subject is to teach students the overall management concepts and theories so that they could understand many management issues and deal with effective managerial decision making in management practices.
  1- 1	UNDERSTANDING THE PRINCIPLES OF ECONOMICS By introducing students to the very basic economic principles, this course purpose to enhance student's ability analyze and synthetically understand the mode of human behavior in its economic aspects as well as the economic system. Detailed subjects to be dealt with in this course are as follows : the native and purpose of economics, the theory of demand and supply and its applications, the theory of consumers’and firms’behavior, the theory of competitive markets, monopoly, monopolistic competition, and oligopoly, etc.
  1- 2	BIG DATA & INTELLIGENT INFORMATION SOCIETY This course provides a convergence perspective on the emergence of intelligent information society. Big data are increasingly important in the development of the field of artificial intelligence. Thus, students are expected to learn the use and role of big data in various contexts including public policy. The class highlights key trends in academy as well as industry. The course is designed to cover important subjects, for example, information visualization and smart factory. Finally, social inequality and digital divide are discussed in detail.
  1- 2	SOCIAL CONTRIBUTION AND SERVICE This course is to cultivate community sense as members of society and the global village for students in order to develop the basic knowledge required as global citizens. Especially, this course is to foster the spirit of cooperation, sharing, service, and creativity and study the social contribution and leadership to solving the challenges the global community faces. As a liberal arts course, it is centered to nurture a leader having the global capability to contribute to community development through learning the knowledge and the case on the value & logic of social responsibility focused on environmental preservation, social contribution, and good governance(ESG). This course aims to foster a generous mind, learn knowledge and technology and build the capacity to contribute to building a society towards a safer and happier world through the study of theory and practice.
  1- 2	MATHEMATICS FOR ECONOMICS AND FINANCE This course is designed to provide students with basic mathematical concepts necessary to study economics and finance. Students can understand how mathematics is applied to economics and finance.
  1- 2	UNDERSTANDING THE PRINCIPLES OF ECONOMICS (2) This course provides a basic understanding of macroeconomics. This is a sequential course following "Understanding the Principles of Economics", which covers basics of microeconomics. We will analyze social phenomena and real world economy by using economiclogic.

• 2-1,2

  CurriculumThis table demonstrates the curriculum accroding to academic year.

  2- 1	ECONOMIC ENGLISH The major purpose of this course is to help the students to acquire a solid knowledge in Economics English through exposure to materials written in English in areas such as money and finance, industries, economic systems, economic thoughts, etc. However, efforts will be made to accustom the students to a more desirable study method so that they can correct their pronunciation, enhance listening ability and develop speaking and writing abilities. Toward this end, emphasis will be placed on developing a multi-dimensional command of English which enables them to understand others and to make themselves understand by others rather than on acquisition of knowledge limited only to reading and comprehending.
  2- 1	ECONOMIC DATA ANALYSIS USING COMPUTER (1) Economic data is a shelf full of valuable information. As an intermediate user of economic data, one should be able to extract useful information from raw data. Economic theory may not provide enough information for public to realize economic activities. For students, learning economic theory not supported by practical knowledge of economic activities is to try to get something out of nothing. In this course, we attempt to live with economic data and learn economic theory in practical sense. Topics to be covered are: (1) GNP accounts, (2) usefulness and drawback of economic indices such as GNP, GDP, CPI, unemployment rates and so on. (3) computational package such as Excel and RATS, (4) way to extract useful information from the data.
  2- 1	MACROECONOMICS This course deals mainly with the problems of inflation and unemployment and focuses on how government policy can influence them. Heavy emphasis will be placed on a thorough understanding of basic analytical tools such as IS/LM framework and AD/AS model. Will center on an organized examination of the theoretical structure of different schools. Real world issues along with relevant data concerning the current state of the Korean economy will also be presented and discussed.
  2- 1	MATHEMATICAL ECONOMICS The traditional starting point of production theory is a set of physical technological possibilities, often described by a production or transformation function. This approach to production theory ( primal approach) is constructed input demands and output supplies, expressed as functions of the technology and the economic environment. An alternative approach to production theory (dual approach) is to start directly from observed economic data -supplies, demands, prices, costs, and profits. Especially, the theory of production duality establishes that the two approaches are equivalent and equally fundamental. Using duality, the technology underlying an economic model can be reconstructed and tested for compatibility with physical laws, as necessary. This course aims to help students understand the theory of production from the standpoint of the dual -the relationships between economic observables which are dual to the physical technology. In this production economics, topics covered are divided into two main parts One contains the basic theoretical analysis of the duality of cost, profit, and production and a number of investigations of specific functional forms. The other contains the empirical applications using microeconomic data and macroeconomic data.
  2- 1	MICROECONOMICS This course covers the general microeconomic theory of the behavior of individual decision-making units such as household and firm. Furthermore, the general equilibrium theory, welfare economics and information economics are also briefly introduced in this course.
  2- 2	MONEY & BANKING Prolonging the basic understanding of the Macroeconomics, this course provide a more detailed analysis for the adjustment process of financial sectors and its meanings for the macro-economic process. For this objective, the demand and supply of various financial instruments including money and the interaction between various financial institutions and markets will be analyzed and majors macro-economic issues such as inflation, economic growth and interest rates, monetary policy, etc. will be treated also.
  2- 2	PRINCIPLE OF CORPORATE FINANCE 1 This course aims to provide a comprehensive introduction to the decisions made by finance managers in various firms. These decisions include choosing between competing investment opportunities, asset valuation, measuring risk and return, financing of the firm's operations, dividend policy, and capital structure decisions among others.
  2- 2	ECONOMIC DATA ANALYSIS USING COMPUTER (2) This is a advanced corse of economics data analysis (1) and deals with more detailed contents about statistical and econometeric analysis including multple regression. All the lecture use the computer based skill such as microsoft excel program.
  2- 2	MACROECONOMICS Ⅱ This course examines rigorously the development background and distinctive characteristics of the Classical School, the Keynesian School, the Monetarism and the New Classical School. Also covered are consumption theories, investment theories, money demand theories and money supply mechanism, growth theory, etc.
  2- 2	MICROECONOMICS II Microeconomics Ⅱ covers those topics which are not dealt with in the course of microeconomics Ⅰ. This higher-level microeconomic course covers: ① a firm's decision over the production and pricing of its product under market structures other than two extremes; oligopoly and monopolistic competition, ② factor markets - labor and capital markets, ③ general equilibrium theory, ④ welfare economics and market failure, ⑤ asymmetric information theory, and etc.
  2- 1,2	SPECIAL LECTURE SERIES This class offers special lectures by renowned people. These lectures are designed to provlde students with broad perspectives for planning their future career.

• 3-1,2

  CurriculumThis table demonstrates the curriculum accroding to academic year.

  3- 1	ANALYSIS ON INSURANCE MARKETS This course is an application of microeconomics, methodologically based on game theory, for economics majors. It covers the wide variety of topics of insurance economics in the area of theoretical parts such as optimal insurance contract, moral hazard and adverse selection, as well as empirical parts. Also it covers the basic concepts and principle of insurance, historical explanations about insurance and insurance industry. The aim of the course is to provide the students with a solid background of insurance economics as well as improving their thinking and problem solving skills in the area of insurance.
  3- 1	FINANCIAL ACCOUNTING PRACTICE Corporations and financial institutes are the main units of production and employment in the economy, and the understandings on these economic players enhance the understandings on economics as a whole. Accordingly, the goal of this course is to understand corporations and financial institutes as important economic players in the concrete and practical way. For this purpose, this course focuses on developing students’ practical accounting ability based on the knowledge of financial accounting theory.
  3- 1	INTERNATIONAL MONETARY FINANCE This course deals with not only the basic principals of international finance but also open economy macroeconomics comprehensively. The most important recent developments and policy, the cause of exchange rate movements, international policy coordination are discussed.
  3- 1	INTRODUCTION TO FINANCIAL DERIVATIVES This course aims to provide an introduction to financial futures and options markets. It analyzes institutional aspects and social functions of these markets, pricing of options and futures, and risk shifting by hedging.
  3- 1	PRINCIPLE OF CORPORATE FINANCE 2 This course utilizes the basic concepts learned in the first sequence of Principle of Corporate Finance to discuss various topics such as asset pricing, capital structures, financial analysis, etc.
  3- 1	PUBLIC FINANCE A mixed economy consists of two sectors; private and public sectors. Public Finance explains the economic behavior of the public sector. The topics this lecture deals with are; ① the need for government intervention and the rationales for evaluating government policies, ② analysis of public expenditure which include public goods, public choices, externalities, redistribution of income, social insurance, and etc., ③ cost-benefit analysis as a practical rules for evaluating public expenditure programs, ④ analysis of tax revenue which include tax incidence, the impact of taxation on economic efficiency, optimal tax theory, the effects of imposing various taxes upon economic behaviors, and etc., and ⑤ international tax issues and local finance problems.
  3- 1	TEACHING IN SOCIAL STUDIES This course aims to help develop basic understanding of the overall objectives of social studies education in secondary schools and the nature and composition of its curricula. It also intends to provide students with teaching and evaluation methods, and other educational methodologies for every disciplines or teaching areas in this field.
  3- 1	THEORY AND APPLICATION OF BANKS This course is designed to study the business and management of commercial banks with a micro approach. The purpose of this course is to allow students to understand the banking business and foster the capability to evaluate the management performance.
  3- 1	ECONOMETRICS The purpose of this course is to help students to better understand the econometrics techniques including simple and multiple regression model, simultaneous equations model and time series analysis, and to learn how to apply them to the empirical economic analyses.
  3- 2	FIELD WORK The objective of this course is designed for the students in the major of Economics to achieve both the practical knowledge and the experience in the related job fields.
  3- 2	GAME THEORY & INFORMATION ECONOMICS Game theory is getting popular in explaining oligopolistic markets, international trade,and even macroeconomic phenomena. This course provides students with a basic game-tools applicable to such a strategic environment. The course will put emphasis on examples of economic games, rather than on deriving and proving propositions. Students also will learn the role of information in the strategic environment.
  3- 2	LABOR ECONOMICS Focuses on the operation of the labor market and impact of labor market institutions onlabor market outcomes. Topics include: labor econometrics; theories of wage determination; empirical analysis of wage differentials; evaluation of the impact of government labor market policies; models of trade union behavior and research on the impact of unions; unemployment; labor market segmentation and discrimination.
  3- 2	REGIONAL AND REAL ESTATE ECONOMICS This course deals with the economic issues of the region in space based on the various economic theories, the importance of geographical and spatial factors of economic activity. Topics include an overview of regional and regional economics, location and zone theory, integrated economic and spatial interaction, regional labor market and growth theory analysis, regional economic analysis and policy, and real estate economics and policy issues.
  3- 2	SOCIAL STUDIES-TEACHING MATERIALS RESEARCH AND METHOD This course aims to help examine the curriculum of social studies that are taught in the secondary schools？for the students in the middle school and the first graders in the high school. Those who take this course are also expected to get accustomed to the composition and contents of the secondary school social studies textbooks and to study diverse teaching and evaluation methods.
  3- 2	STOCK MARKETS AND INVESTMENT ANALYSIS This lecture is a core program in the financial education and consists of the following topics: - therotical analysis on the rational investment : portfolio theory, CAPM, APT, etc. - introduction on the financial devatives, - education on the institutional aspects of the various financial markets and the business practices of financial transaction.
  3- 2	THE COMPREHENSION OF CHINA ECONOMY This course attempts to provide overall analysis of the economy of the mainland China, which is the most populous country in the world and a neighboring country to Korea. This course covers the process of the economic development of China since 1949, when the Peoples Republic of China was established. In particular, the process of China’s economic reform will be the focus of the course, emphasizing its peculiarities being contrasted with the cases of the former Soviet Union and Eastern European countries. Also the Korea-China economic relations, which have been increasing remarkably, will be covered.
  3- 2	THEORY OF INTERNATIONAL TRADE This course deals with the pure theory of international trade. It studies the classical, the neoclassical, and Heckscher-Ohlin trade model as well as New trade theory, analyzing the sources of trade, the determination of trade pattern, the determination of terms of trade, and the economic effects of trade.
  3- 2	VENTURE PLANNING(CAPSTONE DESIGN)(1) This course is designed for the junior and senior level students in major of Economics both to understand theoretical knowledge and also to practice venture planning at the same time. With this course, focusing on the acquisition of various know-hows, knowledge&practical experiences in the real business field based on the understandings of systematic theories, students will have valuable insights and real opportunities to create venture.
  3- 2	THEORY OF INDUSTRIAL ORGANIZATION This course focuses on theoretical and empirical issues related to market structure, including monopoly, oligopoly, concentration of economic power, market behavior affecting competition, impact of market structure upon resource allocation and social welfare, and policies toward monopoly and other competition-restricting behavior.

• 4-1,2

  CurriculumThis table demonstrates the curriculum accroding to academic year.

  4- 1	EAST ASIA REGIONAL ECONOMICS This course attempts to provide understanding of the economic issues of East Asia region especially China, Vietnam and other countries which get the attention from Korean companies. Main topics of this course include East Asian countries’ cultural characteristics, domestic markets, industries, and investment environment. Also the background and main features of the specific current issues in East Asian region will be analyzed.
  4- 1	ECONOMIC POLICY Economic policies could be analysed by interdisciplinary studies. Focusing on those of market economy, we attempt to introduce basic elements of economic policies. Topics to be covered are; (1) the necessity of economic policy, (2) primary concepts, (3) economic growth policy, and (4) distribution policy. The first two are associated with theoretical views, while the latter two with current economic activities and are most likely open to debate.
  4- 1	ECONOMICS OF LAW Law and Economics is the application of economic theory (specifically microeconomic theory) to the analysis of law. Law and economics offers a framework with which to model legal outcomes, and common objectives with which to unify disparate areas of legal activity.
  4- 1	FIELD WORK The objective of this course is designed for the students in the major of Economics to achieve both the practical knowledge and the experience in the related job fields.
  4- 1	FINANCIAL INVESTMENT CASE STUDIES This course studies financial investment cases involving stocks, bonds, derivatives, etc. Students can understand both the bright side and the dark side of financial investment and can gain practical insights essential for financial profession or investment activities.
  4- 1	GLOBALIZATION AND KOREAN ECONOMY This course examines the implications of globalization on the Korean economy in various aspects. Topics to be covered are, inter alia, trade policies such as free trade agreements, trade liberalization and income distribution, foreign direct investment, and offshore outsourcing. This course expects students to actively participate in presentation and discussion of topics.
  4- 1	SEMINAR ON ECONOMIC AND FINANCIAL ISSUES The course deals with economic and financial issues. Students are strongly encouraged to participate discussion, paper presentation, and group projects, since the course is not just an one-way lecture. This course is designed to analyze the economic and financial issues. The purpose of this course is for students to get the capability of adjusting economic and financial knowledge to reality and deepen their knowledge much more, by teaching them to analyze the current issues, based on the already learned economic and financial knowledge.
  4- 1	SOCIAL STUDIES-LOGICS AND DISCOURSES Students in this course will examine diverse perspectives and theories in the various academic disciplines that are related to the social studies such as political science, economics, sociology, law, anthropolgy, geography and history. They will also study the unique characteristics and logics of the social studies subjects that are taught in the secondary school. This course thus aims to help students develop abilities to hold discourses with others in one's own logic.
  4- 1	VENTURE PLANNING(CAPSTONE DESIGN)(2) This course is designed for the junior and senior level students in major of Economics both to understand theoretical knowledge and also to practice venture planning at the same time. With this course, focusing on the acquisition of various know-hows, knowledge&practical experiences in the real business field based on the understandings of systematic theories, students will have valuable insights and real opportunities to create venture.
  4- 2	ECONOMIC HISTORY Many of the current economic and financial phenomena that surround our economic environment have been shaped by the course of history. With this in mind, this course focuses on the history of economic finance over the past 100 years, with a particular emphasis on crises, so that students can understand the current economic and financial system. To this end, the course avoids a chronological historical narrative and focuses on in-depth analyses of key events in the development of finance.
  4- 2	ECONOMICS OF PUBLIC HEALTH This course provides an overview of the healthcare system using a microeconomics tool. Students will be introduced to microeconomic theory and empirical studies that will deepen their understanding of how consumers, firms, and the government influence healthcareexpenditures, healthcare quality, and patient health outcomes.
  4- 2	SPORTS ECONOMICS The class is divided into seven parts. The first part will provide with a review of basic economic theory. The next two parts are devoted to showing how some consumer theories of microeconomics provide explanations about how sports markets function. The fourth part will discuss the purpose and structure of some professional leagues. The fifth part will review the competitive and monopoly market structure and discuss the implications for profit maximization in each sports market. The sixth part will deal with the labor economics of professional sports. Finally, in the seventh part, the class will cover some other issues such as discrimination and gambling in professional sports.