Economics: Major Selection

• BBA, Economics Major selection, after 2nd year fall Additional major selection, after 2nd year spring

• BSc, Economics and FinanceMajor selection: after 1st year spring

• BSc, Mathematics and EconomicsMajor selection: after 1st year spring

Couse requirement: ECON (BBA) and ECOF (BSc)

2

BBA (ECON + additional major) BSc (ECOF)

Econ

Microeconomics (ECON2103/2113)Macroeconomics (ECON2123) Macroeconomic Theory I (ECON3123)

Managerial Microeconomic (ECON3014) Microeconomic Theory I and II (ECON3113 and ECON3133)

Managerial Macroeconomic (ECON3024) Macroeconomic Theory II (ECON3143)

Introduction to Econometrics (ECON3334)

Economics Research and Communication (ECON4670)

Optional: Foundation Workshop in Economics (ECON4999L, 3-credit “free” elective)

Mathematics for Economists (ECON2174) or, Multivariable Calculus (MATH2023)

Intermediate Investment (FINA3103)

Electi-ves

11 credits (~3 x Economics electives)

Additional major courses, minor; or FREE electives 2 x Finance electives (6 credits)

3

BBA (ECON + additional major) BSc (ECOF)

Business CoreCourses

Principles of Accounting I (ACCT2010)

Introduction to Information Systems (ISOM2010)

Financial Management (FINA2303)

Business Statistics (ISOM2500)

Business Ethics (MGMT2130)

Principles of Accounting II (ACCT2200) __

Operations Management (ISOM2700) __

Marketing Management (MARK2120) __

Organizational Behavior (MGMT2110) __

Couse requirement (cont.): ECON (BBA) and ECOF (BSc)

4

Couse requirement: BSc (MAEC)

MAEC school-based admission (Via SBM)

5

Subject Area Number of Courses

ECON ECOF MAEC

Business Core Courses, excluding ECON, FINA 10 6 1

Language required courses (LABU) 2 2 2

Economics (Core + Required)Economics (Depth Electives)Economics Paper (Required) / Capstone (for MAEC)

531

631

621

Finance (Program Required)Finance (Depth Electives)

--

22

1-

Mathematics (Core)Mathematics (Depth Electives)

1-

2-

6 - 72

Computing - - 1

Science Foundation - - 2

University Common Core 12 12 12

curriculumSubject

BUSINESS CORE COURSES ECON ECOF MAEC

Principles of Accounting I (ACCT 2010)

Principles of Accounting II (ACCT 2200) X X

Principles of Microeconomics (ECON 2103) orMicroeconomics (ECON 2113)

Financial Management (FINA 2303) FINA 2203

Introduction to Information Systems (ISOM 2010) COMP 1021 / COMP 1022P /COMP 1022Q

Business Statistics (ISOM 2500) MATH 2411

Operations Management (ISOM 2700) X X

Business Case Analyses (LABU 2040)

Effective Communication in Business (LABU 2060)

Business Ethics and the Individual (MGMT 2010) X

Organizational Behavior (MGMT 2110) X X

Business Ethics and Social Responsibility (MGMT 2130) X

Business Student Induction (SBMT 1111)

Marketing Management (MARK 2120) X X

Subject

ECONOMICS COURSES ECON ECOF MAEC

Managerial Microeconomics (ECON 3014) X X

Managerial Macroeconomics (ECON 3024) X X

Mathematics for Economists (ECON 2174)or Multivariable Calculus (MATH 2023) X MATH 2023

Microeconomic Theory I, II (ECON 3133, 3133) X

Macroeconomic Theory I, II (ECON 3123, 3143) X

Introduction to Econometrics (ECON 3334)

Economics Research and Communication (ECON 4670)or Capstone Project (MATH 4994) (for MAEC)

9

MAJOR REQUIREMENTS RANKING CRITERIA

ECON

C+ or above in ECON 2103/2113 or ECON 2123 (Note: C- or below in any of ECON2103/2113/2123 will not be considered)

Holistic assessment based on ECON2103/2113, ECON2123 (if taken),

BCGA, selected course performance and CV profile

ECOFCGA 3.0 or above; B- or above in any MATH course; C+ or above in LANG 1002 & 1003

Holistic assessment based on CGA, selected course performance,

CV profile and interview performance

MAEC

CGA 3.0 or above; B- or above in MATH1012/1013/1023;C+ or above in LANG1002 and 1003;Completion of a) MATH1012/1013/1023 and MATH1014/1024; or b) MATH1020

Holistic assessment based on CGA, selected course performance,

CV profile and interview performance

Program Requirement & Ranking Criteria

10

Fall 2019 MSE Timeline

DEC -JAN

JAN

JAN

Interview (ECOF)• January 6 – 7, 2020 (TBC)

Application Period• December 20, 2019 (Fri) – January 1, 2020 (Wed)

Result announcements• January 9, 2020 (Thu) by noon

Adaptable Courses:• 17 ECON 4000-level electives in 2019/20

• ECON 4959(x): Independent Studies In-depth research proposal/writing samples for applying

further studies

• ECON 4999(x): Special Topics in Economics Technical & Applicable in Career: Housing Economics,

Urban and Environmental Economics, etc.• UROP

• UG Best Paper Award

ECON 4670 – Economics Research and Communication

ECON 4000-level (w/ research paper)

ECON 4000-level (w/o paper)

ECON 4000-level (Exchange course)

ECON 46700 credit, P/F

ECON 4959B (Independent Study)1-4 credit, Graded, Supervised

Or

Plan for Exchange

Program Required Courses -The 3000 level courses are

• “Core training” for Econ Major Students Important! Foundation preparing you for 4000 level

Economics electives

• Plan ahead before your exchangeECON 3113 offered in Spring only (ECOF and MAEC)

• Transfer of credit will be very restrictive

Guidelines for Study Leave

School Policy: No more than 2 Semester (i.e. 1 Year)

• Sound Reason: Job Placement/Intern (with job offering letter), application without sounding reason and supporting document will be rejected

• All application should be submitted before the commencement of the coming semester – “Next day” approval should not be expected

Plan Ahead Your Career

Further Studies EconomistConsulting

& Data Analysis

PhD. Comics:The Last 3 Years of your PhD.

Paul Romer,Chief Economist,World Bank

YouTube View byCandidate (25/8-24/9),with ‘Swing States’viewing mostly Trump

CSE COMP courses(minor in IT/Big Data

Technology) Econometrics

ECON 4374International Macroeconomics and

Finance

ECON 4334 Money and Banking

ECON 4999I Financial Macroeconomics

ECON 4364International Trade and Investment

Economists

Suggested Study Pathways

Consulting/Data Analysis

• Econometrics for Cross-Section and Panel Data

ECON 4284

• Time Series Econometrics and Business Forecasting

ECON 4304

• Industrial Organization and Competitive Strategy

ECON 4114

• Law and Economics

ECON 4254

• Labor Economics and Human Resources

ECON 4234

• Programming Econometrics with R

ECON 4274

Suggested Study Pathways

Further Study

• ECON: Percentage of our UG students pursue Postgraduate Study 2011 to 2018: ranges from 2.9% to 15.8%

Plan ahead: (i) Quantitative training; (ii) Reference letters; (iii) GRE, GMAT, TOEFL ; (iv) Choice of school and programs

Further Study: examples of offers2017 • Offers from Washington University in St. Louis, University of Maryland,

University of Virginia, University of Toronto (PhD in Economics)• Offers from University of Chicago (M.Sc., Economics), Oxford University

(M.Phil. Economics)

2016• Oxford University (M.Phil. Economics)• University of Rochester (Ph.D. in Economics)• Boston University (Ph.D. in Economics)• University of Rochester (PhD in Economics)

2015 • University of Texas at Austin (Master in Finance) • University of Wisconsin-Madison (Ph.D. in Economics) • Stanford University (Ph.D. in Economics)

Further Study2014 • Columbia University (Ph.D. in Marketing) • London School of Economics (Master in Economics, 2 students) • University of Rochester (Ph.D. in Economics) • University of Wisconsin (Ph.D. in Economics) • Vanderbilt University (M.Sc. in Finance)

2013 • Boston University (Ph.D. in Economics) • Chinese University of Hong Kong (M.Phil. in Economics) • Duke University (Ph.D. in Economics) • Oxford University Said Business School (Master in Financial Economics) • UCLA (Ph.D. in Economics) • University of Chicago Booth School of Business (Ph.D. in Economics)• University College, London (MSc in Economics)

Mathematic Course Pathway

Information for Further Study

MATH 1003/1013 (Calculus I)

ECON 2174 (Mathfor Economist)*

MATH 1014 (Calculus II)

MATH 2023 (Multivariable Calculus)

MATH 2033 (Math Analysis)

MATH 3033 (Real Analysis)

MATH 2421 (Probability)

* ECON 2174 – BBA students can take the course in Fall.

ECON

Further Studies (MSc., MPhil., PhD.)

Advance Level Economics• Micro, Macro, Econometrics• MSc courses (5130, 5140, 5280)

Independent Study• UROP (Undergraduate Research

Opportunities Program)

Mathematics (1014-track)• MATH 2033, 3033 (Real Analysis)• MATH 2421 (Probability)

MATH 1014 (Calculus II)

MATH 2023 (Multivariable Calculus)

MATH 2033 (Math Analysis)

MATH 3033 (Real Analysis)

MATH 2421 (Probability)

Suggested Study Pathways

A second chance to declare BBA, ECON as major ?

Yes. Any semester after your third semester of study.

• Take one of ECON 3014, 3024, 3334 (not much seats left as major, second major and minor has priority

• MATH requirement is higher than other programs.• Can choose it as second major

MARK UP YOUR MIND EARLY !!

A second chance to declare BSc ECOF as major ?Yes. After your third semester of study

Drawbacks, • you missed ECON 2174, the math preparation course • you need to give up ECON 2123 (if any) in order to take

ECON 3123• You have taken extra other school core, but you can use

them as free elective.

MARK UP YOUR MIND EARLY !!

Department Support

YOU

Adaptable Courses

Student Advising

plus

Family of Economists

• Beyond Academic Regular “Get Together” activities provide opportunities

for socializing and networking Career talks, alumni sharing, mentoring program -

Alumni-Student Network Technical seminar Student organizations Research Assistant priority in Faculty, UROP Advise on PG application

Student Advising ‘plus’:

A Family of Economists

ECON

ECOFMAEC

Department Support

• LEUNG, Siu Fai (Head, Economics) LSK 6029; 23587618; sfleung@ust.hk

• SIU, Kam Wing (UG Coordinator) LSK 6054; 23587617; eckwsiu@ust.hk

• Hiram CHAU LSK 6067; 23587629; hiramc@ust.hk

• Leonna TONG LSK 6067; 23587623; leonna@ust.hk

• Department Website: http://www.bm.ust.hk/econ/• Facebook: @HKUSTECON

We want to hear from YOU!!!