ECOF Induction – Spring 2017

1. UG Course In Spring 2016/17

Course Title

ECON 3113 Microeconomic Theory I

ECON 3123 Macroeconomic Theory I

Major
ECON 3334 Introductory Econometrics
Requirements
ECON 4670 Economics Research and Communication

FINA 3103 Intermediate Investments

ECON 4114 Industrial Organization and Competitive Strategy

ECON 4254* Law and Economics

ECON 4274* Programming Econometric with R

ECON 4304* Time Series Econometrics and Business Forecasting

Electives ECON 4334 Money and Banking

ECON 4364* International Trade and Investment

ECON 4384 Globalization

ECON 4999I* Financial Macroeconomics

ECON 4999K Public Economics

* courses with ECON 4670 paper/project requirement in Spring, 2016/17

For more details on courses, please refer to the department webpage,

http://www.bm.ust.hk/econ/course/16-17.htm
2. Program Requirement Course

BSc ECOF

Intermediate Level (Micro) ECON 3113 + ECON 3133

Intermediate Level (Macro) ECON 3123 + ECON 3143

Mathematics MATH 1003/ 1012/ 1013, ECON 2174 (or MATH 1014) + MATH
2023

Econometrics ECON 3334

ECON Elective 9 Credit ECON 4000-level

Economics Research and ECON 4670

Communication

3. Plan Ahead For Exchange to avoid Deferred Graduation

Try to take all required courses in HKUST, all required courses are offered in every semester,
econometrics is a course relatively easier to be transferred back as ECON 3334. For requirement
for ECON 4670, one must leave one elective courses to be taken in HKUST.

4. ECON 4670 – Economics Research and Communication

This course is to ensure that students will acquire research and communication skills through
producing a research-based term paper. The paper may be one that has been written for ECON
4959, or any other 4000-level or above Economics course that has a term paper requirement.
The paper should embody the equivalence of a minimum of two credits of workload if it is
written for ECON 4959. Graded P or F.
5. Courses with 4670 paper / project requirement (Spring 2016/17)

ECON 4254 Law and Economics

ECON 4274 Programming Econometrics with R

ECON 4304 Time Series Econometrics and Business Forecasting

ECON 4364 International Trade and Investment

ECON 4999I Financial Macroeconomics

6. Study Leave

No more than 2 semesters; with official placement or intern offer; other cases with strong
justifications.

7. Employment Data of ECOF Graduates

(in %) 2011 2012 2013 2014 2015

Banking/Finance 27.6 34.2 45.8 45.9 51.3

Accounting/Auditing/Taxation 24.2 30.1 12.5 13.5 17.9

Administration/Management 38 20.5 12.5 5.4 15.4

Economic, Statistics and Math work - - - 8.1 2.6

Teaching/Lecturing - 2.7 - - -

Marketing/Sales 3.4 2.7 4.2 8.1 2.6

Merchandising/ Purchasing - - 4.2 - -

Author/Journalist - - 4.2 - -

Insurance, Real Estate Services - 3.7 8.3 2.7 2.6

System Analysis & Comp Programming 3.4 8.2 12.5 2.7 -

Scientific / Research Work - - 8.3 - 2.6

8. Further Studies

Percentage of our UG students pursue Postgraduate Studies in 2011 to 2015 ranges from 17.6%
to 32.3%.

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

9. Preparing for further study

Course choice
- Advanced (MSc or PhD) micro and/or macro courses (choices of ECON 5130, 5140, 5280,
ECON 5210, 5250, 5300)
- Independent research or UROP (Undergraduate Research Opportunities Program

Quantitative training
- MATH courses, MATH 2033, 3033 (real analysis) , MATH 2421 (probability)
In order to take the above math courses, students need to have prerequisite of MATH
2023 (Multivariable Calculus); and have MATH 1014 (Calculus II) before taking MATH
2023.

MATH 1003 > MATH 1013 > MATH 1014 > MATH 2023 > MATH 2033, 3033, 2421
(with A grade in MATH 1003)

10. Career path: Suggested courses for different fields

Economists
ECON 4334 Money and banking
ECON 4364 International Tarde and Investment
ECON 4374 International Macroeconomics and Finance
ECON 4999I Financial Macroeconomics
CSE/COMP minor in IT or Big Data Technology with econometrics application

Consulting/jobs related to Data Analysis

ECON 4114 Industrial Organization and Competitive Strategy
ECON 4234 Labor Economics and Human Resources
ECON 4254 Law and Economics
ECON 4274 Programming Econometrics with R
ECON 4304 Time Series Econometrics and Business Forecasting
11. Department Support – beyond student advising

Regular “get-together” activities, career talks, alumni sharing and mentoring, technical seminar,
student organizations, Research Assistant priority in Faculty, UROP, advise on PG application,
etc.

12. We want to hear from you!

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; 2358-7629; hiramc@ust.hk

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

Department Website: http://www.bm.ust.hk/econ/

Facebook: @HKUSTECON