Principles of Macroeconomics

Course Code

ECON2003


Unit Bearing Information

3 units


Course Description

This course aims to introduce students with the main building blocks of macroeconomics, so as for students to acquire a basic understanding of how a market economy functions, to appreciate the critical macroeconomic issues facing the society, and to understand to a certain degree the going debate on these issues. This is a necessary preparation not only for many careers in private and public sectors but also for responsible citizenship in modern society.


Course Intended Learning Outcomes

Upon completion of this course, students should be able to

· Describe the major macroeconomic variables and interpret the data of these variables;

· Identify major macroeconomic issues in general and specifically for China;

· Explain major economic institutions and the role of the key players therein;

· Interpret major economic policy instruments together with their applications and limitations;

· Apply equilibrium analysis of aggregate demand and supply to explain certain macroeconomic phenomenon (e.g. the effect of certain economic policies).


Course Schedule

Instructor

Dr. Hao SHI, Associate Professor, Faculty of Business and Management


Medium of Instruction

English


Classroom

T6-304


Eligibility

A student who is currently studying for a bachelor degree.


Pre-requisite/ Co-requisite

Nil


Course Fee

  1. RMB5,000 for UIC, HKBU and HKCHC students;

  2. RMB7,500 for the students from other colleges/ universities.


Accomodation Fee

  1. UIC students (Non-graduates): RMB10/ Person/ Day

  2. UIC graduates: RMB60/ Person/ Day

  3. HKBU, HKCHC and other students: RMB60/ Person/ Day


Note: The standard fee for summer accommodation in student hostel for 2025 is subject to final confirmation.