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CHONNAM NATIONAL UNIVERSITY
Innovative Education·Creative Research·Open Communication
School of Enonomics

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Courses

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Courses

Common Courses

  • Principles of Economics
    • The course deals with basic economic principles that help us understand the process of decision making by individuals and societies. We will analyze the fundamental economic activities of production, distribution, exchange, and consumption both at the micro and macro level.
  • Introduction to Korean Economy
    • Korea's rapid growth since the early 1960s is unprecedented in history of the world economy. In contrast to this remarkable achievement, Korea suddenly faced a financial crisis and its economy crashed in 1997. This course studies the change of economic system after economic crisis in 1997 as well as the process and the cause of economic development after 1960s.
  • World Economic History in Films
    • We will explore the world economic history in 15th century, the origin of capitalism, to today through films. Main topics will be emergence and development of capitalism, rising and fall of socialism, the world war¥°,¥±, and labor, enterprises, and the economic war in 20th century.

Major Courses(Required)

  • Microeconomic Theory
    • This courses provide the concepts of demand and supply and primal analytical method by studying the economic theory of households and firm, determination of equilibrium on products and factors, allocation of resources, and distribution of income.
  • Macroeconomic Theory
    • It covers the determination of major aggregate variables including the GDP, the price level, the interest rate, and the employment and their relationships. It offers macroeconomic policies to cure inflation and unemployment problems. The economic growth is also a major topic in this course.

Major Courses(Optional)

  • Analysis of Global Economy
    • Since the Korean economy is highly open to the outside world of global competition, it is essential to have a sound understanding of the structure of world economy and the forces which underlie the paradigm change of the world economy. This is a flexible and open-minded course to engage your right brain and make your thoughts clear. Among issues covered are: international economic institutions such as WTO, OECD, IMF; regional economic cooperation and integration; economies of major developed countries. Instructor would list some related topics of interest before the registration period and students enrolled can take part in filling the rest of topics in class.
  • Business Economics
    • The objectives of this course are to analyze the economic basis for the existence of the firm, the external environment, called market, and decision- making within the firm. Selected topics from this course are transaction cost economics, behavioral theory, agency theory, and evolutionary approaches to economic organization as mechanism of resource allocation.
  • Digital Economics
    • The digital economy is now the important driver of economic growth and social change. Confronted by the New Economy, there is a substantial body of researches to search for a corresponding new economics to guide business decisions and policy-making. Topics covered are: digital revolution and social change, e-business, information goods, network externality, tippy markets, switching costs, path dependence, network economics, standardization. Plenty of empirical cases to each topic are provided and examined in class.
  • Econometricsy
    • Introduction to the theory and application of econometric techniques. How econometric models are formulated, estimated, used to test hypotheses, and used to forecast; understanding the empirical results using simple and multiple regression models, and introduction to simultaneous models.
  • Economic Development Theory
    • This course studies the problems of accelerating development in poor countries and maintaining development in rich countries. From the viewpoints of theory, history, and policy it attempts to explain the forces that give long-period growing power to an economy.
  • Economic History
    • This course studies the development of human economic life from prehistoric times to the twentieth century. The course focuses on the causes of economic development and the economic forces shaping social institutions in various periods. It will make you better aware of the historical dynamics that propelled the contemporary economic system to its present position.
  • Economics Seminar
    • Intensive study relating to themes of special interests in the field of economic theory. The focus is on the presentation and critical evaluation of economic problem employing advanced theoretical models.
  • Finance and Banking Economics
    • It is primarily concerned with the analysis on the financial behaviors of households, firms, and financial institutions. It also includes various phenomena in financial markets, capital asset pricing, and the association between financial and real variables as major topics.
  • Game Theory
    • Game theory studies the behavior of economic agents ("players") whose decisions affect each other. This type of multiperson decision problems arise frequently in economics, as in oligopolies. Among the topics covered are normal form games and Nash equilibrium, extensive form games of complete information, and incomplete information games. Various duopoly models(Cournot, Bertrand, Stackelberg, etc) are reexamined by using the game-theoric tools. And the theories are applied to analyze such multiperson problems as bargaining, auction, collusion, and signaling. Prerequisite: Microeconomic Theory
  • History of Economic Thought
    • The historical development process of various economic thoughts from early Greeks up to the present are studied. Such thoughts are not introduced in chronological order but in relation with economic and social changes, however.
  • History of Economic Theory
    • Outstanding economic theories are studied in the aspects of mutually technical and theoretical influences. A theoretical respective of today's actual economy and historical consciousness shall be obtained from this course.
  • Mathematical Analysis for Economics
    • This course contains linear algebra, differential and integral calculus of multi- argument functions, and the theory of difference and differential equations with applications to economics.
  • Money and Banking
    • It analyzes the nature of money, demand for and supply of money, determinants of various variables in money and financial markets, formulation of monetary policy, and the association between monetary and real variables.
  • International Industrial Relations
    • International Industrial Relations is consisted of two parts. The first part is concerned with institution and structure of union, union density, collective bargaining and strikes, and the effects of unions on wages, productivity and the turnover. The key issues of international and comparative employment relations are recent changes of production systems and employment relations of major countries, and the effects of globalization on industrial relations.
  • Labor economics
    • Labor economics is the study of the workings and outcomes of the labor market and the industrial relations. Labor economics subject is concerned with, for example, labor demand, the decision to work, the structure of labor market, determination of wages, wage differentials, unemployment, and the effects of unions on wages, productivity and the turnover.
  • Law And Economics
    • To analyze the effect of rules on resource allocation and the evolutionary change of rules. Course topics are consisted of property rights, contract law, tort, criminal law and procedural law etc.
  • International Trade Theory
    • The course examines the causes and the economic consequences of international trade in goods and services. In particular, it covers theories of comparative advantage, gains from trade, trade patterns, income distribution effects of trade, commercial policy, and the relationship between trade and economic growth. It also discusses policy conflicts, regional trade agreements, and the WTO.
  • Public Economics
    • This courses focus on allocation of resources between public sector and private sector and decision-making on the production of public goods Especially, There is an emphasis on theories of market failure, collective choice, microeconomic evaluation of public policy, theories of optimal taxation, and tax incidence.
  • Korean Economic History
    • This course studies the development of Korean economic life from pre-modern times to modern times. The course focuses on the change of socio-economic institutions and the historical background of the rapid growth after 1960s. It will make you better aware of the characters of the development of Korean economy.
  • International Finance
    • Introduction to the determination of exchange rates and theories of balance of payments adjustments. It also analyzes open economy macropolicies, institutional details of foreign exchange markets, and balance of payments accounting, and the evolution of international monetary system.
  • Market and Economic Regulation
    • Introduction to the workings of free market economy and the effects of government regulation. It explores how price system operates in allocating scarce resources to their best uses, and analyses why government impose some regulations on the market system. It also analyzes both intended and unintended effects of those regulations.
  • Resource And Environmental Economics
    • This course deals with the interrelationships between natural Resources, Environment and Economic Growth. At the same time this coures searches for the conditions of sustainable development as aglobal problem under given Environment and Resource.
  • Theory of Economic Integration
    • The regionalisation through forming a lot of regional integration arrangements is one of the most important trends in the world economy. Theoretical comprehension on this trend is the first concern of this subject. We examine also the integration process of actual economic integration entities like EU and NAFTA, and the problems that they confront. This subject is requested for those who are interested in the issue of Korea's policy on FTAs(free trade agreements) and the Northeast Asia economic area.
  • Industrial Organization
    • This subject in economics studies firm behavior under different market structures and the social welfare aspects of the market interaction. Major topics covered include: market structures, market concentration and economic power, entry deterrence, antitrust and economic regulation, relation of technology and market structures. The competition policy of Korean government to alleviate the concentration of economic power by Korean chaebol is covered cautiously. Theoretical models of firm and industry behavior are applied to explain real-world examples of firm strategies and their performances. Prerequisite: Microeconomic Theory
  • Statistics for Economists
    • The way the causalities between various economic variables under certain constraints are investigated from statistical economic data is studied. Its purpose is to train up the students to evaluate and illuminate the pattern of and the quantitative relationship between already organized economic data. The way to collect, organize and operate economic data will be studies in another course.
  • International Political Economy
    • Various issues occurred in the international economic and political relations shall be studied from economic as well as political perspectives. Among many, international economic organizations, international money and finance, international environmental issues, food and energy, etc. are studied.
  • Theory of Political Economy
    • The political and class related aspects of various economic phenomenon are introduced to complement technical and functional biases in pure economics. Traditional Marx's political economy and public choice theory will be taught.
  • Economics of Insurance
    • Insurance is an economic activity. Economics of Insurance provides practical understanding on efficient resource allocation as a risk management. Topics included a theory of risk and uncertainty, expected utility theory, demand and supply of insurance, insurance market and price, insurance market structure and policy, insurance and finance. As a basic approach to understanding insurance and uncertainty, financial portfolio theory and option priciing theory are introduced in the course. Furthermore, analytical information on various insurance models including conventional insurance and emerging new generation insurance such as weather insurance, reinsurance, and disaster insurance are provided.
  • Financial Market Analysis
    • This course aims at studying the method of analyzing the determinants of various financial variables such as stock price, interest rate, exchange rate and forecasting them.
  • International Economic Policy
    • Understanding the world economic phenomena requires a course which aims at studying some international policy issues and analyzing the determinants of various policy methods and policy consequences.
  • International Trade System
    • This course aims at studying the framework for analyzing the international trade. We will review the bargaining power and conflicts in international trade and examine the functions of WTO.
  • Practice in Economics
    • This course reviews the basic concepts in economic theory and applies it into the stategy and policy issues. Studying and discussing some economic case studies help understand the performance of practical examination of economic theory..
  • Teaching Courses
    • Research of Educational Text and Teaching Method of Social Studies
      This class is opened for teacher applicants only. Students study how to lecture 'Social Studies' of high school.
  • Educational Theories of Social Studies
    • This class is opened for teacher applicants only. Students study the contents of 'Social Studies' of high school.