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.
Tags: Administration, appraisal, Courses, efficiency, equity, Faculty of Economics, failure, Investment, Market, MEcon, Policy, Public, Public Economics, regulation, relation, University of Hong Kong
Category : University of Hong Kong
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ECON0603 The economic system of Hong Kong
Semester : 2
For Student of Year : 2 & 3
The course provides a comprehensive discussion of the salient aspects of the Hong Kong economy. Topics include Hong Kong's national income accounting and economic development, the monetary system and exchange rate regime, the financial system, public finance and fiscal policy, external trade and foreign investment, economic relations with the Mainland, the labour market and employment, the property market and housing policy, regulation of public utilities and competition policy, industrial development and policy, and income distribution. Emphasis will be given to both economic analysis and institutional
ECON0104 Public finance
Semester : 1
For Student of Year : 2 & 3
Study of the role of government in the economy, using microeconomic theory. The course covers public expenditure analysis and methods of financing government expenditures. It explores the underlying theory of welfare economics as well as the economic effects of public policy such as public sector pricing, expenditure and tax policies.
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.
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
ECON6033
Corporate Finance
General Information
This course focuses on financial decisions in the modern corporation. The basic topics to be covered include: capital budgeting, cost of capital, capital structure, dividend policy, public offerings, and incentives and contacting problems. There will also be some treatment of mergers and acquisitions, and corporate governance. The course objective is to integrate these various topics into standard theories of risk and return, and the valuation of assets in order to provide a theoretical framework for considering corporate finance problems and issues, with an understanding of how it applies to the real world.
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
ECON6011
Microeconomic Theory
General Information
This course covers how consumers and producers make choices and how these choices are equilibrated by the market. In the part on choice theory, utility maximisation and profit maximisation problems, together with corresponding dual problems, are considered. Optimal value functions are studied and used to perform comparative static analysis. Restrictions imposed by optimisation on consumer and producer behaviour are discussed. Choices under uncertainty are also investigated. The second part mainly covers the equilibrium in perfectly competitive markets and the two fundamental welfare theorems. It will also discuss the consequences of market failures, including public goods, externalities,
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
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.
Faculty of Business and Economics at The University of Hong Kong
ECON0402 Industrial organisation
Semester : 1
For Student of Year : 2 & 3
This course studies the pricing and output decisions of firms and the performance of the market under various market structures. Topics include theories of oligopoly; product differentiation; the effects of imperfect and asymmetric information; the examination of pricing practices such as price discrimination, tie-in selling, and resale price maintenance; collusion and anti-competitive behaviours, and public policies related to the promotion or restriction of competition.
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.
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.