Page 168 - HKSYU Prospectus 2023-24

Shue Yan University Prospectus 2023-24

economic issues through the course’s training.

ECON 244 Managerial Economics
1 Term; 3 Credits
The course aims to equip students with the ability to apply economic thinking on business
decision to a range of practical issues. A range of transferable skills (including communication,
problem solving, self-learning, self-management, working with others, computing and statistics)
is provided as an integral part of the study of Managerial Economics that are relevant to a wide
range of careers and/or further studies.

ECON 303 History of Economic Thought
1 Term; 3 Credits
The course aims to offer an in-depth treatment of the evolution of economic thinking.
Emphasis is placed upon how the theories and methods of the past have influenced
contemporary economics. Discussions will chronicle the progress of economic ideas and
philosophies from ancient to modern times. The major tenets of various schools of western
economic thought will be explored. Students will be trained to evaluate the contributions of
economic thinkers and apply the arguments from major schools of thought to current economic
issues.

ECON 314 Economic Forecasting
1 Term; 3 Credits
This course focuses on the building of a stochastic model for linear univariate time series.
Major topics include forecasting perspective, forecasting with a single-equation regression
model, trend analysis, decomposition method, exponential smoothing, the ARIMA model, and
the use of forecasting methods in practice. Students will receive rigorous training in using
analytical software for forecasting macroeconomic variables.

ECON 315 Economic Modelling
1 Term; 3 Credits
The course aims to provide students with moderately complex econometric models to
understand contemporary issues in economics and finance, help students understand how the
empirical techniques can be applied to real data, and provide the necessary background to
evaluate empirical findings reported in economic literature. Major topics include: A
Misspecification (Diagnostic) Testing, Dynamic Models, Regression Analysis with Time Series
Data, Discrete and Limited Dependent Variable Models, Pooling Cross-Section/Time Series
Data Methods, and Simultaneous-Equation Models.

ECON 323 The Economy of Contemporary China
1 Term; 3 Credits
The course aims to equip students with a basic understanding of the economic

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