Page 177 - SYU Prospectus

Economics & Finance

ECON 423 Trade, FDI and International Technology Transfer in China
1 Term; 3 Credits
This course aims to study the contributions of foreign trade, foreign direct investment
(FDI) and international technology transfer to the economic development of China. It also aims
to provide a simple framework in analysing the roles of foreign trade, FDI and international
technology transfer in different stages of economic development in China since the 1970s.

ECON 434 International Investment and Transnational Corporations
1 Term; 3 Credits
The course introduces students to the theories and practices of multinational enterprises
(MNE) in the global economy. It examines the evolution of the MNE and alternative contrac-
tual arrangements (exporting, licensing, franchising, international acquisitions, joint ventures
and strategic alliances), and the theories of the internationalization process and foreign direct
investment. It also discusses the relationship between multinational corporations and
governments, and the impact of cultural differences on international business transactions and
management.

ECON 445 Comparative Economic Systems
1 Term; 3 Credits
This course aims to provide students with an overall and comprehensive understanding
of how economic systems work through a comparative study of economic system models and
selected economies. Upon completion of this course, students should be able to describe the
basic institutions of a society and economy, and identify the features that distinguish economic
systems; to explain the four economist’s approaches to economic systems and their impacts
on contemporary economic systems; to critically evaluate how economic systems work and
how economic theory interacts with government policy, history and culture to explain
economic performance; and to use a comparative approach to analyse the economic
performance of different economic systems.

ECON 446 Honours Project
1 Term; 3 Credits
The course enables students to crystallize what they have learnt in the programme. It
permits students the choice of doing a practical project or conducting a piece of research. It
also assists students develop a range of transferable skills (including communication, problem
solving, self-learning, self-management, working with others, computing and statistics) as an
integral part of the study of economics that are relevant to a wide range of careers and further
studies. Upon completion of this course, students should be able to: identify research topics
and design a research project independently; understand the techniques of collecting,
organizing and analysing data and information; acquire the ability to apply economic principles
and quantitative techniques to a range of practical economic issues; and communicate the
research findings in a report concisely and effectively.

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