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

3. For the Examination, students may take any number of courses in the School in combination withcourses from any other department or departments, subject to approval by the relevant Heads ofDepartments and to Faculty regulations and timetable constraints. All courses are examined atthe end of the semester in which they are taken.4. The courses listed will not necessarily be offered every year; from time to time, depending on theexigencies of staffing, additional courses may be offered.133SyllabusesSecond-year CoursesECON2101.Microeconomic theory (6 credits)The laws of demand and supply, returns, and costs; price and output determination in different marketsituations; theory of factor pricing and income distribution; general equilibrium; interest and capital.Assessment: coursework 40%, examination 60%.ECON2102.Macroeconomic theory (6 credits)Theories of income, employment, and the price level; analysis of secular growth and businessfluctuations; introduction to monetary and fiscal policy.Assessment: coursework 40%, examination 60%.ECON2113.Microeconomic analysis (6 credits)Examine microeconomic issues with applications. Topics include: consumer behaviour, cost structure,market structure, theory of the firm, factor market and general equilibrium.(Open only to non-BEcon, non-BEcon&Fin and non-BFin students).Assessment: coursework 40%, examination 60%.ECON2114.Macroeconomic analysis (6 credits)Economics of inflation, unemployment, income and output determination in the short run and the longrun. Money, interest rates and exchange rates. Macroeconomic stabilization policies and openeconomy macroeconomic issues.(Open only to non-BEcon, non-BEcon&Fin and non-BFin students).Assessment: coursework 40%, examination 60%.Second- or Third-year CoursesECON0103.The economics of human resources (6 credits)Investment in human capital; the economics of the family and of discrimination; wage determinationand the operation of the labour market; the choice of labour contracts.Assessment: coursework 40%, examination 60%.