MBA Online

Faculty of Economic at The University of Tokyo

4102: Game Theory
Summer Matsui
We study game theory and its applications. Lectures are given in Japanese.
Contents (subject to change):
Noncooperative game theory: games in strategic form, games in extensive form, Nash equilibrium and its refinement, backward induction, dominance
Applications: oligopoly, information economics (lemon, moral hazard, information cascade), mechanism design (including public goods, contract, auction, matching), repeated games, evolution, induction
Cooperative game theory: games in characteristic function form, core, (vN-M) stable set, other solution concepts
See details, including textbooks, in the instructor$B!G(Bs home page

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.

ECON6021
Microeconomic Analysis
General Information
This course provides an advanced treatment of standard tools and frameworks in microeconomics that are used in other courses of the programme. Topics include: constrained and unconstrained optimization, consumer theory, uncertainty and information, cost and production, and market structure and equilibrium.
Extra Information
This course is not open to students who have taken or are taking ECON6011.
ECON6022
Macroeconomic Analysis
General Information
This course is an advanced treatment of the theory of the determination of national income and aggregate economic behaviour. Topics include: national income accounting, employment theory, inflation and deflation, monetary and fiscal policy for economic stabilisation, economic growth, and international economic issues. Applications to contemporary economic issues are emphasized.
Extra Information
This course is not open to students who have taken or are taking ECON6012.

ECON2113 Microeconomic analysis

Semester : 2
For Student of Year : 2

Examine microeconomic issues with applications. Topics include: consumer behaviour, cost structure, market structure, theory of the firm, factor market and general equilibrium.

Extra Information

Remarks: Open only to non-B.Econ, non-B.Fin and non-B.Econ&Fin students
Mutually exclusive course: ECON2101 Microeconomic theory

FINA2802B.C.D. Investments and portfolio analysis

Semester : 1
For Student of Year : 2

Lecturer : Xia, Chun General Information
This course introduces students to the fundamental principles of investments and to major issues currently of concern to all investors. The concepts and skills developed from this course enable students to conduct a sophisticated assessment of current issues and debates covered by both the popular media as well as more-specialized finance journals. We emphasize on equity part and the main topics include: portfolio theory, equilibrium in capital markets, equity valuation, portfolio performance evaluation, and relevant institutional details. This course is essential to those planning to become an investment professional or a sophisticated individual investor.
Course Outline :

Extra Information

Prerequisite: For students admitted to 1st year of study in 2005-06 or before: BUSI0016/FINA1002 Introduction to finance. For students admitted to 1st year of study in 2006-07 or after: FINA1003 Corporate Finance.

ECON2101 Microeconomic theory

Semester : 1 & 2
For Student of Year : 2

Lecturer : Xu, S. General Information
The laws of demand, supply, returns, and costs; price and output determination in different market situations; theory of factor pricing and income distribution; general equilibrium; interest and capital.

Extra Information

Mutually exclusive course: ECON2113 Microeconomic analysis

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.

International Economics I (EKU 2140)

Description

The course introduces trading relationships among countries and flow of production factors throughout the world economy.

Topics

Free trade basic assumptions, general equilibrium analysis, trade restrictions, impacts of multinational firms, impact of trade and economic development.

Objectives

Provide students with basic concepts and tools of modern international trade theories and to be able to apply those tools on solving the problems such as on commercial policy and international economic integration.

International Economics II (EKU 2144)

Description

The course examines deeper topics in international finance and open macroeconomics.

Topics

Major issues in international finance, broader and intermediate macroeconomics tools, insights of the role of international economy, international business cycles and policy coordination, and the nature of currency crises.

Objectives

Provide students with knowledge of the description, theory, and systems of international payments.

Help MBA students understand that macro-economy equilibrium needs aggregate supply equal to aggregate demand, but this situation happens very few.. In most situations these two parts don’t equal to each other. Aggregate demand would have lead effect. What would decide the aggregate demand is consume, investment, balance payment and finance income and expense. For realizing the equilibrium of macro-economy, the government should use different monetary policy and fiscal policy to regulate aggregate demand and aggregate supply under different situation to make these two parts equal to each other. So we need to explain and analysis the reasons and effects of economic fluctuation, the mechanism and results of monetary policy and fiscal policy. Because China’s macro-economy is special, this course would use macro-economic principal to analysis the China’s economic problem and put forward consider to resolve the problem. Help MBA students master thinking structure of macro-economy, then they can take wise decision-making for their firm in micro-field.