For more details on the courses, please refer to the Course Catalog
| Code | Course Title | Credit | Learning Time | Division | Degree | Grade | Note | Language | Availability |
|---|---|---|---|---|---|---|---|---|---|
| GEC3104 | Industrial Organization | 3 | 6 | Major | Bachelor | 2-4 | 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. | |||||||||
| GEC3105 | Game Theory | 3 | 6 | Major | Bachelor | 2-4 | English | Yes | |
| This course is intended to familiarize economics majors with game theory and its applications. It first considers how to set up and solve games. It then considers topics such as strategic entry deterrence, strategic choice of managerial incentives, games between a principal and an agent, auctions, bargaining, strategic trade policy, public goods, and club goods. | |||||||||
| GEC3106 | Advanced Microeconomic Theory | 3 | 6 | Major | Bachelor | 2-4 | English | 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 in addition to the welfare economics. | |||||||||
| GEC3109 | Advanced Macroeconomic Theory | 3 | 6 | Major | Bachelor | 2-4 | English | Yes | |
| Based on both static and dynamic analysis of macroeconomics, this course covers research-oriented contents of macroeconomic models, monetary economy, micro-foundations of private sectors, macroeconomic policy, and new macroeconomic theory. | |||||||||
| GEC3201 | Money and Banking | 3 | 6 | Major | Bachelor | 2-4 | Korean | 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. | |||||||||
| GEC3202 | International Monetary Economics | 3 | 6 | Major | Bachelor | 2-4 | 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. | |||||||||
| GEC3203 | Financial Economics | 3 | 6 | Major | Bachelor | 2-4 | English | Yes | |
| This course examines the basic economic theories lying behind financial markets, especially focusing the economic theories of derivative markets facing uncertainty and other features of financial markets including various investment strategies such as herd behavior strategy. | |||||||||
| GEC3204 | Econometrics | 3 | 6 | Major | Bachelor | 2-4 | English | Yes | |
| Econometric theories and models will be discussed in an introductory level. It will also be discussed how to make an inference on economic theories and how to evaluate economic policies and forecasts with the applications of econometric models. | |||||||||
| GEC3208 | International Corporate Finance | 3 | 6 | Major | Bachelor | 2-4 | - | No | |
| This course is designed to give students a strong foundation in the theory and practice of international finance and international financial management. This course consists of five parts, (a) basics of corporate finance, (b) foreign exchange markets and exchange rate, (c) derivative securities in foreign exchange markets including currency futures, options, swaps, etc, (d) exchange risk management for multinational corporations, (e) global capital markets and financial crisis. The course contents include analytical tools, relevant institutions, and policy problems, with primary emphasis on analysis rather than description. | |||||||||
| GEC3209 | Forecasting and Time Series Analysis Utilizing Big Data | 3 | 6 | Major | Bachelor | 2-4 | English | Yes | |
| This class discusses econometric models and forecasting methods on economic and financial variables. Basic probability models and time series analysis are lectured and empirical studies are performed with real data. | |||||||||
| GEC3211 | Financial Derivatives | 3 | 6 | Major | Bachelor | 2-4 | - | No | |
| This course examines the stochastic process of derivative markets and other financial market focusing on the empirical analysis of the structural charactersitics of financial markets, including the features of random walking patterns of financial markets that show Brownian motion type characteristics. | |||||||||
| GEC3213 | Asset Pricing | 3 | 6 | Major | Bachelor | 2-4 | Korean | Yes | |
| This course examines the basic economic theories lying behind financial markets, especially focusing the economic theories of derivative markets facing uncertainty and other features of financial markets including various investment strategies such as herd behavior strategy. | |||||||||
| GEC3214 | Financial Econometrics | 3 | 6 | Major | Bachelor | 2-4 | Korean | Yes | |
| This course will cover the statistical and econometric techniques needed to conduct quantitative research in finance and economics, including the estimation of time series models, forecasting of financial and economic data, and the modelling of asset price volatility. This knowledge will enable students to understand and interpret empirical findings in a range of financial markets, including reading empirical academic literature and critical assessment on econometric applications undertaken by industry practitioners. On completing this course the students will understand the central technical issues in the statistical analysis of financial data. They will be comfortable with the use of standard econometric software such as EVIEWS to undertake their own research. | |||||||||
| GEC3215 | Fiscal Policy | 3 | 6 | Major | Bachelor | 2-4 | English | Yes | |
| This course explores the role of government on the provision of social insurances in the economy and introduces the theory of taxation. It applies tools of basic microeconomics and the concepts of general equilibrium to discuss the following questions: 1)When should the government intervene in the economy? 2)How might the government intervene? 3)What is the effect of those interventions on economic outcomes? 4)Why do governments choose to intervene in the way that they do? This course intends to extend students’ understanding of characteristics of social insurance in Korea by comparing institutional differences across counrties. This course also covers the institutional features of tax system in Korea and the effects of those tax instruments on economic agents in the economy. | |||||||||
| GEC3301 | Labor Economics | 3 | 6 | Major | Bachelor | 2-4 | - | No | |
| Study and analysis of selected topics in labor economics with major emphasis on micro and macro-economic aspects of labor supply and demand, labor allocation, wage and employment determination, changes in the composition of labor demand, income distribution, economic problems of wage earners and of labor organizations and industrial and governmental labor relations. | |||||||||