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Economics

For more details on the courses, please refer to the Course Catalog

Course & Curriculum
Classification Course Code Course Title Credit Language of Instruction Course Availability
Undergraduate ECO2001 Principles of Economics Ⅰ 3 Korean,English,Chinese Yes
Introductory course for freshmen majoring in economics is designed to provide a general orientation regarding the nature of economic science and basic theories of economics. Topics include basic concepts of economics, determination of priceby supply and demand, princing of output and productive factors, general equilibrium, income destribution, and other aspects of economics. Principles of economics I analyze the optimization behavior of each agent.
Undergraduate ECO2002 Principles of Economics Ⅱ 3 Korean,English Yes
Introductory course for freshmen majoring in economics is designed to provide a general orientation regarding the nature of economic science and basic theories of economics. Topics include basic concepts of national income, determination ofnational income, employment, interest rate, inflation, wage and price, and econ-omic growth & business cycle.
Undergraduate ECO2003 Microeconomics 3 Korean,English Yes
A detailed examination of micro aspects of economic theory at the intermediate level. Topics discussed are theories of consumer behavior and demand, productionand cost, organization of the firm and the market, distribution of factor income, general equilibrium, economic welfare and other current microeconomic issues.
Undergraduate ECO2004 Macroeconomics 3 Korean,English Yes
Study and analysis of macroeconomic theory and policy at the intermediate level.Topics include national income and employment determination, analysis of aggregate demand and supply, the general equilibrium of national economy, monetary and fiscal policy, new keynesian economics, new classical economics, and related issues of economic growth and fluctuations. In addition, explore open economy of macroeconomic analysis, focusing on exchange rate, balance of payment and foreign exchange market.
Undergraduate ECO2005 Mathematics for Economics 3 Korean,English Yes
The purpose of this course is to acquaint economics majors with the mathematicaltools used in economics. They include calculus, linear algebra, matrix algebra, optimization, differential equation, difference equation, and set theory.
Undergraduate ECO2006 Economic History 3 Korean Yes
A survey of European and Asian economic history. Representative topics considered are the ancient economy, the medieval economy, the period of commercial capitalism, and the industrial revolution in Western Europe. The course extends coverage to the modern economic histories of Asian countries.
Undergraduate ECO2007 History of Economic Thought 3 Korean Yes
Historical survey of major streams of economic thought including classical, Marxian, institutionalist, neo-classical, monetarist, and radical thoughts. This course emphasizes discussion and evaluation of the orgins, methodology and validity of various economic theories as viewed from a historical perspective.
Undergraduate ECO2008 Money and Banking 3 Korean,English Yes
Study of the nature and function of money and the role of the monetary sector in the determination of income and employment. Attention is given to the institutional framework, money markets, commercial banking deposit expansion, and monetary policy and its instruments.
Undergraduate ECO2010 Public Finance 3 Korean Yes
An economic analysis of government policy in market economies, examines efficiency and equity arguments for government intervention, economic theories of government decision making, and empirical evidence on government programs. Discussion of the economics of taxation, public expenditures, fiscal policy, budgeting, eudcation, and social security. Focus on public sector economics, taxation in efficiency and equity, expenditure structure, effects fiscal policy upon economic stability and growth, and evaluation of policy effectiveness.
Undergraduate ECO2011 Statistical Analysis for Economics 3 Korean,English Yes
This course is designed not only to provide basic statistical theories needed for the study of economics, but also to build up practical knowledge of applying statistical methods to real life situations by utilizing proper statistical computer package programs. This is a pre-requisite to Econometrics.
Undergraduate ECO2012 Industrial Organization 3 English Yes
Theoretical and empirical study of firms and market organizations including market structure, behavior and performance. Special attention will be given to problems of market concentration, pricing policies, and evaluation of market performances.
Undergraduate ECO2013 International Trade Theory 3 English Yes
A principle analysis of the pure theory of international trade. This course willinclude selected topics such as gains from trade, theories of comparative advantage, production and consumption in the model of international trade, effects of international trade on the factors of production, growth and welfare aspects of trade, trade policies, and economic unions.
Undergraduate ECO3001 Mathematical Economics 3 Korean Yes
This course deals with the analytical and the mathematical aspect of economic theory. It also deals with the game-theoretic analysis of various economic situations.
Undergraduate ECO3002 Korean Economic History 3 Korean Yes
Historical Survey of the modernization process of Korean Economy. Discussed periods start from the early Yi dynasty and extend to the 1950's capitalism. Main issues and the structure of pre-modern Korea, the colonial changes in traditional agriculture and industry, and the industrialization of Korean Economy after Liberation.
Undergraduate ECO3003 Economic History of Modern Age 3 Korean Yes
Review of economic development in Europe from ancient times to the present. Topics include capitalism in industrial revolution, changes in agricultural structures, growing importance of commerce in the 19th Century, and the two world wars and their economic consequences. Topics may also include modern issues such as the importance of investment, technological change and trade as sources of growth; the development of trading blocks; the retardation problems which developed in both systems in the 1970s; the collapse of the CMEA economies; the economic development of the European Union; the economic performance of European economies in the 1990s.
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