ECON6042
Mathematical Economics
General Information
This course presents both static and dynamic general equilibrium based on optimization to study interrelated macroeconomic issues. In particular, Pontryagin optimal control theory and Bellman certainty and stochastic dynamic programming models will be covered. Such control theory and recursive multi-stage optimization methodology will be applied to important macro topics such as economic growth and employment.
ECON6052
Selected Topics in Macroeconomics
Ngai, Rachel
General Information
This is a special course that deals with various topics of macroeconomics. Topics covered may vary form year to year, depending on the research interests of the instructor.
Tags: Bellman, certainty, Courses, employment, equilibrium, Faculty of Economics, General Information, growth, instructor, macroeconomics, Mathematical, MEconMathematical Economics, Ngai, Rachel General, research, Topics, University of Hong Kong, year
Category : University of Hong Kong
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ECON0702 Mathematical methods in economics
Semester : 2
For Student of Year : 2 & 3
The main emphasis of the course is to explain the mathematical structure of some undergraduate level economic theories, in terms of the way in which each particular mathematical assumption is translated into their economic counterpart. The course covers multi-variable unconstrained maximization, constrained maximization, comparative statics, and a brief introducton to some dynamic economic models.
Faculty of Business and Economics at The University of Hong Kong
ECON0703 Mathematical economics
Semester : 1
For Student of Year : 2 & 3
Modern economic theory treated mathematically. Topics may include: applications of optimization to choice theory, applications of the implicit function theorem to comparative statics, applications of differential and difference equations to stability of equilibrium, applications of linear mathematics and fixed point theorems to Leontief and Arrow-Debreu models, and applications of optimal control theory and dynamic programming to certainty and stochastic dynamic optimization models.
ECON6053
Selected Topics in Financial Economics
General Information
This is a special course that deals with various topics of financial economics. Topics covered may vary from year to year, depending on the research interests of the instructor.
ECON6017
Financial Economics
General Information
This course is a survey of capital and investment theories, which are the basis of the analysis of finance. Topics include: Fisher's separation theorem, investment theory and some investment econometrics, expected utility theory, portfolio selection, and other applications, intertemporal models with uncertainty and transaction costs.
ECON6031
Mathematical Economics I (EKU 1101)
Description
The course deals with various comparative statistical concepts using matheatical tools to analyze economic problems.
Topics
Limits, one-variable calculus (derivatives and optimization), linear algebra, and multivariate calculus.
Objectives
Provide students with techniques to obtain a sound understanding of economic concepts using mathematical approach.
Mathematical Economics II (EKU 1102)
Description
The course covers dynamic comparative mathematics in basic economics concepts.
Topics
Integrals, linear and non-linear differentiation equation.
Objectives
Provide students with mathematical analysis foundation in order to understand dynamic economics concepts such as in econometrics and macroeconomics.
Faculty of Business and Economics at The University of Hong Kong
ECON0107 History of economic thought
Semester : 1
For Student of Year : 2 & 3
This course is a survey of fundamental developments in economic thought since the 18th century, with emphasis on works in English. The first part of the lectures reviews the writings of classical economists like Smith, Ricardo, and Mill, with an aside on Marx. The second part goes on to discuss the development of neoclassical theory from Jevons to Marshall and the Cambridge School, and mathematical economists like Fisher, Pareto and Wicksell. If time allows, we will
ECON6015
Public Economics
Bergin, Jim
General Information
This course covers the positive and normative analyses of the public sector in relation to efficiency and equity. It provides a better understanding of the making of public policy under asymmetric information and limited commitment, and the role of incentives in public administration. Topics include: market failure, welfare criteria, public goods and externalities, social choice and voting, income distribution, public pricing and investment, cost-benefit analysis and project appraisal, and the regulation of public enterprises.
ECON6035
Political Economy of Economic Policy
General Information
This course studies the relationship between the state and the market economy, especially highlighting the costs and benefits of economic policy interventions. Topics include: the economic value of the rule of law, property rights and institutional change, promoting competition and regulating markets, rules versus discretion in monetary, fiscal and exchange rate policy, and regionalism versus federalism. Selected case materials based on historical and contemporary examples will be used in classroom discussions, including international examples with emphasis on Hong Kong, China and Asia.
ECON6036
ECON6007
Industrial Organization
General Information
This course covers alternative forms of economic organizations, including the contractual nature of the firm, the meaning of monopoly and patent rights, the extraction of consumer surplus, and the purpose of integration and franchise arrangements. Government regulations will be discussed whenever appropriate.
The University of Hong Kong
Address
Faculty of Business and Economics
Room 733, 7th Floor, Meng Wah Complex
The University of Hong Kong
Pokfulam Road
Hong Kong
FB2801 Experiencing Hong Kong
Course Aims & Objectives:
The aims of this course are to enhance students understanding of the formation of cultures and subcultures; awareness of the formation of Hong Kong culture and it's subcultures. Upon completion of the course, students should have gained:
First hand experiences of different aspects of Hong Kong culture
Insights on the development of Hong Kong's many subcultures, and how they affect the livelihood of Hong Kong people
Perception of the cultural development of Hong Kong in the future
Units: 1
Level: A/B
Keyword Syllabus:
Concepts and definitions of culture and the making of Hong Kong culture. The power of media in the
Game Theory and Applications
General Information
This course covers game theory and its applications to various fields of economics. It studies static games with complete information, dynamic games with complete information, static games with incomplete information, dynamic games with incomplete information, and the equilibrium concepts corresponding to these games. It considers applications of these concepts to the study of industrial organization, international trade, labor economics, public economics, corporate finance, and monetary economics. Applications to auction and bargaining are also considered. Finally, it offers an introduction to mechanism design and its application to the procurement problem.
ECON6012
Macroeconomic Theory
General Information
This course covers neo-classical macroeconomics, the Keynesian model and its problems, the consumption function and investment and economic fluctuations, supply and demand of money, the counterrevolution in monetary theory, inflation and unemployment and alternative policies for dealing with them, and open economy macroeconomics.
FINA0805 Real estate finance
Semester : 2
For Student of Year : 2 & 3
An introduction to real estate economics, mortgage market, real estate auctions in Hong Kong, pre-sale market in Hong Kong, pricing of land and residential/commercial properties, mortgage-backed securities and mortgage company.
MFIN7008
Mathematical Techniques of Finance II
6
Carverhill, A.P.
General Information
This course further develops the course Mathematical Techniques of Finance I, and applies them to practical market situations. In particular, we analyze recent equity basket structures, and commodity spread options. Also, we will analyze the smile effect in equity options, and study how to apply the Monte Carlo method to valuing American options. Also, we will study some advanced fixed income models and related market instruments.
Extra Information
Equivalent to MFIN6010 Numerical Methods
Prerequisites:
1. Mathematical Techniques of Finance I; and
2. Fixed Income Securities and Interest Rate Modelling
MFIN7013
Seminar in Commercial