ECO1340
sian Financial Crises
This course examines the major economic issues about the Asian financial crises which started in July 1997, particularly those with relevance to Hong Kong and the Mainland. Economic trends and related news items will be presented to highlight the significance of the crises and the latest developments. Topics include the events leading up to the crises, the underlying causes, as well as policy options. Cross-country comparisons will be make between Hong Kong and other affected economies in the Asia-Pacific region, including Japan, South Korea, Taiwan, Singapore, Malaysia, Thailand, Indonesia, and the Philippines. (Not for Economics majors or minors, or students who have taken ECO 3320)

本科旨在向從未接觸經濟學的同學介紹有關亞洲金融風暴的問題，特別參照香港和中國大陸的例子，並比
較香港及其他受波及的亞洲區經濟，包括日本、南韓、台灣及東南亞國家。討論課題包括亞洲金融風暴的
起因，貨幣貶值的浪潮，國際貨幣基金會的措施和政策，對香港及內地短期和長期的影響，特區政府的對
策，聯繫匯率制度的利弊，銀行體制和金融市場的監管，美元化的可行性等。(經濟系主、副修生或已修
ECO1340/GEExxxx and ECO3320/GEE252Q之學生不得修讀本科。)

ECO3140
inancial Data Analysis
This course provides an introduction to the modern econometric techniques used in financial times series. Economic theory and statistical analysis are used to formulate and test financial models. Applications include the statistical characteristics and forecasting of stock prices, derivatives, interest rates and exchange rates. Suggested preparation: ECO 3121.

本科介紹財務數據之計量方法，採用經濟理論及統計分析建立及檢定財務模型。應用範圍包括探討股票價格
，衍生工具，利率及匯率等時間序列之特性及對其之預測方法。先修科目:ECO 3121。

ECO3150
uantitative Methods in Economics II
This course is a continuation of the course Quantitative Methods in Economics I. Topics include implicit function theorem, optimization for multiple variable functions, Lagrangian method, concave and quasiconcave functions, differential equation and difference equations. Economic applications include comparative statics, profit maximization, utility maximization and consumer demand, and dynamic models (continuous and discrete time).
Suggested Preparation: Eco 1111

本科目為「經濟學數量方法(一)」的延續，內容包括:隱函數定理、多變量函數最優化方法、朗格方法
、凹入及準、凹入函數、微分方程及差分方程。經濟學中的應用包括:比較靜態分析，利潤極大化，效用
極大化與消費者需求，及動態模型(連續及離散時間狀態)。建議先修科目: ECO 1111。

ECO3350
K Econ. After Financial crisis
This course will be jointly taught by well-known research economists and experts from the banking, finance, and real estate sectors, the Hong Kong Monetary Authority, the Trade Development Council, relevant government departments, and teachers of the Economics Department. The course examines the major issues and challenges facing the Hong Kong economy after the Asian financial crisis. Topics include the causes and impacts of the financial crisis, the strengths and weaknesses of the Linked Exchange Rate, recent developments in banking, finance and real estate, challenges facing the major industries of Hong Kong (trading, transportation, telecommunication, and tourism), changes in economic policies, the economic links between Hong Kong and the Mainland, and the impacts of migrants from the Mainland on the Hong Kong economy. In tutorials, the application of economic theory to current economic issues will be emphasized.
(not for students who have taken GEE 2915).

本科講者包括本港銀行金融與地產界、金融管理局、貿易發展局、港府有關部門及經濟系之知名財經專家
。本科旨在探討金融風暴後香港經濟面對的主要問題和挑戰，內容包括金融風暴的成因及影響，聯繫匯率
之利弊，銀行、金融及地產業的新近發展，香港經濟主要行業(貿易、運輸、電訊及旅遊)面對的挑戰
，經濟政策的演變，香港及內地之經貿關係，及內地移民對香港經濟的影響。本科將在導修中應用經濟
理論分析現行經濟問題。(已修GEE2915之學生不得修讀本科)。

GEE
K Econ. After Financial crisis
This course will be jointly taught by well-known research economists and experts from the banking, finance, and real estate sectors, the Hong Kong monetary Authority, the Trade Development Council, relevant government departments, and teachers fo the Economics Department. Designed for students with no previous training in economics, the course examines the major issues and challenges facing the Hong kong economy after the Asian financial crisis. Topics include the causes and impacts fo the financial crisis, the strengths and weaknesses fo the Linked Exchange Rate, recent developments in banking, finance, and real estate, challenges facing the major industries fo Hong Kong (trading, transportation, telecommunication, and tourism), changes in economic policies, the economic links between Hong Kong and the Mainland, and the impacts of migrants from the Mainland on the Hong Kong economy.
(Not for Economics majors or minors, or students who have taken ECO 3350).

本科講者包括本港銀行金融與地產界、金融管理局、貿易發展局、港府有關部門及經濟系之知名財經專家
。本科旨在探討金融風暴後香港經濟面對的主要問題和挑戰，內容包括金融風暴的成因及影響，聯繫匯率
之利弊，銀行、金融及地產業的新近發展，香港經濟主要行業(貿易、運輸、電訊及旅遊)面對的挑戰，經
濟政策的演變，香港及內地之經貿關係，及內地移民對香港經濟的影響。本科將在導修中應用經濟理論分析
現行經濟問題。(已修ECO 3350之學生不得修讀本科)。

ECO3540
orporate Finance
This course is an introduction to basic concepts in Corporate Finance and their application to: valuation of assets and cashflow discounting evaluation of investment proposals valuation of risky assets including stocks and bonds corporate finance policy decisions including dividend and capital structure policy
(Suggested preparation:ECO 1101 and 1021)

本科旨在介紹企業財務的基本理論及實踐。其主要範圍包括: (1) 資產的估價及現金流量折現法 (2) 投資分析 (3) 風險資產(股票及債券)的估價 (4) 企業財務之政策(股息及資本結構的政策) 建議先修科目:ECO 1011和 1021

ECO3550
conomics of Derivatives
This course is designed as an introduction to the markets of derivatives. It will cover most of the widely used derivative securities in practice, such as futures contracts, interest-rate and currency swaps, and various options. During the course we shall discuss, among others, the uses of derivatives in risk management, valuation of derivatives, the risk-neutral valuation principle, the Black-Scholes formula, binomial trees, and portfolio insurance. Though not a prerequisite, a minimum background in corporate finance and/or financial markets will be desirable.
(Suggested preparation: ECO 1011 and 1021).
本科旨在討論衍生工具市場。內容將包括許多在市場中廣泛應用的金融衍生工具，諸如期貨合約、利率掉
期和貨幣掉期，以及各種期權等等。主要課題包括衍生工具在風險管理中的應用、衍生工具的定價、風險中
性定價原理、期權定價模型、以及資產保險等。學生如對公司財政或金融市場有基本知識將對修讀本科有
所幫助。 建議先修科目:ECO 1011和 1021
ECO3560
conomics of Real Estate
This course will introduce basic concepts in the economics of real estate. Major topics include: the operation of property markets, rents and prices of the urban land market, location and residential density, economic growth and metropolitan real estate markets, cyclical behaviour of metropolitan housing markets, vacancy and mobility, financing of housing markets.
(Suggested preparation: ECO 1011 and 1021).

本課程介紹房地產經濟學之基本概念。主要論題包括：地產市場之運作，樓價及租金，住宅位置及都
市密度，經濟成長與大都會之房地產市場，大都會房地產市場之景氣循環，空置及流動，房地產市場
之融資。 建議先修科目:ECO 1011和 1021

ECO3570
nformation Technology & Economy
This course introduces how economic factors affect the development of new computing and communications sector. The topics include pricing, standardization, intellectual property rights, network externalities, complements, government sellers' and buyers strategies of survival in the information age and government policies promoting information technology industry. Students have the chance to participate in web-based discussion, multimedia presentation and the production of web-based reports.
(Not for students who have taken GEE 258Q).

本科旨在向沒有修讀過經濟學的同學介紹經濟因素如何影響電腦及資訊科技的發展。內容包括: 標準化、知識財產、網絡、政府監管、買賣雙方在資訊時代的生存策略及推動資訊科技的政府政
策。同學將有機會參與網上討論、多媒體簡報及網上報告製作。(已修ECO 3570之學生不得修讀本科。)

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Last updated : Jan 15, 2000

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