Economics

Applicable to students admitted in 2012-13

3-Year Curriculum

1.

Major Programme

S7 students

Students are required to complete a minimum of 63 units of courses as follows :

(i)

Required Courses:

33 units

ECON1101, 1111, 1131, 2011*, 2021*, 2121, 2311, 2901, 3011, 3021, 3121, 4901 and 4902

(ii)

30 units of elective courses in Economics at 3000 or above level@.

30 units

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.

Total:

63 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 :

6 units

ECON4010 and 4020

(ii)

Elective Courses :

9 units

(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 :

6 units

ECON3410 and 3420

(ii)

Elective Courses :

9 units

ECON3140, 3520, 3540, 3560, 3580, 3620, 4120, 4450 and 4470

Business Economics

(i)

Required Courses :

6 units

ECON3480 and 3590

(ii)

Elective Courses :

9 units

ECON3320, 3330, 3430, 3470, 3530, 3560, 3570, 3610, 3620 and 4120

Chinese Economy

(i)

Required Courses :

6 units

ECON3310 and one course from ECON3340^ or 3460r

(ii)

Elective Courses :

9 units

ECON3220, 3240, 3250, 3340^, 3350, 3360, 3370, 3460r, 3580 and 4870

#

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.

r

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

Course Exemption

(i)

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.

(ii)

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

(i)

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.

(ii)

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.

(iii)

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.

(iv)

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 A

Column B

ECON2121

DSME2010 or

STAT2101

B.

Duplicate Courses

(i)

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.

(ii)

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.

(iii)

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.

(iv)

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 A

Column B

ECON2011

DSME1030

ECON2021

DSME1040

ECON2121

GRMD2102 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 A

Column B

ECON2121

SEEM2430 or

STAT2006

Students with associate degrees / higher diplomas

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

ECON2311, 2901, 3011, 3021, 3121 and 4901

(a)

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

(b)

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

ECON1101, 1111, 1131, 2011*, 2021* and 2121

(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 :

6 units

ECON4010 and 4020

(ii)

Elective Courses :

9 units

(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 :

6 units

ECON3410 and 3420

(ii)

Elective Courses :

9 units

ECON3140, 3520, 3540, 3560, 3580, 3620, 4120, 4450 and 4470

Business Economics

(i)

Required Courses :

6 units

ECON3480 and 3590

(ii)

Elective Courses :

9 units

ECON3320, 3330, 3430, 3470, 3530, 3560, 3570, 3610, 3620 and 4120

Chinese Economy

(i)

Required Courses :

6 units

ECON3310 and one course from ECON3340^ or 3460r

(ii)

Elective Courses :

9 units

ECON3220, 3240, 3250, 3340^, 3350, 3360, 3370, 3460r, 3580 and 4870

#

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.

r

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

2.

Minor Programme

(i)

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.

(ii)

A student whose Major field is in the Programme of IBBA, IFAA, PACC, QFIN and QFRM, 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.

(iii)

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.