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Bachelor of Arts (BA) - The University of Hong Kong

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132Unless otherwise specified, all second- and third-year courses require either Introduction to economicsI or Advanced Level Economics as a prerequisite. Additional prerequisites are also specified in somecases.Candidates intending to take not less than 48 credits from the School <strong>of</strong> Economics and Finance in theirsecond and third years are required to take ECON1001 in their first year.<strong>The</strong> examination for each course, unless otherwise specified, is one two-hour written paper. <strong>The</strong> finalgrade will be determined by performance in the examination and an assessment <strong>of</strong> coursework. For thecourses <strong>of</strong>fered by the School <strong>of</strong> Economics and Finance, this weighting shall be in the ratio to bedetermined by the individual lecturer. For courses <strong>of</strong>fered by other departments, the weighting <strong>of</strong>coursework will be determined by the departments concerned.SyllabusesFirst-year CoursesECON1001.Introduction to economics I (6 credits)An introduction to the basic concepts and principles <strong>of</strong> economics, with emphasis on the theoreticalframework <strong>of</strong> choice theory, the nature <strong>of</strong> constraints, the measure <strong>of</strong> value, the laws <strong>of</strong> demand andproductivity, and the implications for resource use and employment.Assessment: coursework 40%, examination 60%.ECON1002.Introduction to economics II (6 credits)Further discussion <strong>of</strong> demand and supply and multi-market equilibrium, especially in an aggregativecontext. An introduction to money, banking, financial markets, and open economies.Assessment: coursework 40%, examination 60%.ECON1003.Analysis <strong>of</strong> economic data (6 credits)This course studies the measurement and interpretation <strong>of</strong> economic variables, and how to model theirrelationships using appropriate empirical methods. Topics include interpretation <strong>of</strong> headline statistics,describing economic aggregates, modeling <strong>of</strong> economic relationships and drawing conclusions fromobservations.Assessment: coursework 50%, examination 50%.Second and Third Years1. For a student intending to take eight or more courses in the School <strong>of</strong> Economics and Finance inhis second and third years, he must take (1) ECON2101 or ECON2113, and (2) ECON2102 orECON2114. Except with special permission from the Director <strong>of</strong> the School, a student shall takethese courses during the second year.2. <strong>The</strong> final grade for each course will be determined by the candidate's performance in theExamination and an assessment <strong>of</strong> coursework, in the ratio to be determined by the individuallecturer.

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