List of Courses (Economics and Business Administration)
|100-200||Principles of Accounting and Financial Analysis|
|Principles of Economics|
|300-400||Principles of Business|
|Principles of Accounting and Financial Analysis||– Conducting Business and Financial Analysis with Financial Statements
Accounting is the financial system that provides financial information of a firm to corporate stockholders as well as stakeholders, both internal and external. This course aims to get students familiar with general accounting process, interpret financial statements, and analyze business situations with all the available information. In addition, this course will assist students in their roles as customers, employees or potential investors to evaluate corporate performance with public financial/operating information. Therefore, the goals of this course are to enable students not only to conduct financial analysis, but also learn to make business decisions backed up by financial analysis within modern complicated business environments. To achieve these goals, various teaching methods are applied, including lectures, group projects, and case studies.
|Principles of Economics||This course provides an introduction to a broad range of economic concepts, theories and analytical techniques. We learn both microeconomics - the analysis of choices made by individual households and firms given scarcity and government intervention - and macroeconomics - the study of the performance and structure of a whole economy, such as inflation, deflation, unemployment and economic growth.
|Principles of Business||The focus of this course is a survey of functions of business and the knowledge and skills needed by managers in today's global economy. Students will learn what organizations need to focus on to successfully operate within their competitive, economic and legal, global business, social, and technological environment. The class utilizes hands-on in-class activities to demonstrate the application of the theories discussed. The course will require students to work on a project in a team which will culminate in a report and a presentation.|
|Intermediate Microeconomics||This course is designed to give students the conceptual basis and the necessary tools for your future work in economics. This course makes extensive use of calculus. It gives you insight into how economic models can serve us to think about important real world phenomena. Topics include utility maximization, profit maximization, monopoly power, imperfect competition, and eternality and game theory.|
|Development Economics||Over the last 60 years, many countries have achieved rapid income growth, reduction of extreme poverty and rising satisfaction of basic needs. However, we have also seen continuing failures of growth and development. Half of humanity still live below the US.5/day international poverty line. Defeating seven major issues- lack of income growth, material poverty and hunger, vulnerability to shocks, inequality, and inequity, the low satisfaction of basic needs in health and education, lack of environmental sustainability, and a poor quality of life- is the most urgent and crucial world challenges. This course is designed to understand history, current diagnostics, growth and development theories, causal empirical analyses of past exercises and present attempts. This course is arranged for students who have completed the principles of economics. It avoids calculus, but makes extensive use of geometric presentations and arithmetic formulas.|
|Management Science||The main goal of this course is to expose students to commonly used analytics and management science techniques that are applied to solve business problems. Organizations increasingly rely on analytics and management science in making tactical and strategic decisions. Having a systematic approach to decision making is crucial if organizations are to be successful both locally and globally. In this course, the students will learn how to identify a problem within a business context and recognize an appropriate solution/analysis technique to employ. The course aims to enhance students' ability to develop practical mathematical models of complex business situations. Through true-to-life case studies and activities the course will introduce students to available solution techniques for analyzing and solving these models. In order to accomplish this, students will be familiarized with spreadsheets and other software so that they can perform the necessary mathematical operations. Any analysis is useless unless it is successfully communicated and implemented, hence the course aims to enable students to analyze the results of the computer outputs and recommend appropriate courses of action to management. The themes studied in this course are decision analysis, optimization methods and simulation models. The culminating experience for the course will be a team-based project report and presentation.|
|Marketing||– Marketing Management from an Asian Perspective
Marketing is a science-and-art that integrate multiple disciplines of business knowledge. This course introduces students to two fundamental sets of business activities: 1) Identify consumer needs and provide goods/services to meet those needs; 2) formulate “marketing mix” and offer to the markets by the techniques of segmenting, targeting, and positioning. The goals of this course are as follows:
1. Introduce students to the concepts, analyses, and activities that comprise marketing management,
2. Help students sharpen their analytical skills and show them how to use these skills to assess and solve marketing problems, and
3. Give students an opportunity to refine their oral and written communication skills.
|Intermediate Macroeconomics||This course aims to develop the foundation of macroeconomics, which uses microeconomics as its building-blocks. We will use a standard textbook of macroeconomics, “Macroeconomics—a modern approach” by Robert J. Barro. In addition, following the authentic interpretation of "General Theory", by Hyman P. Minsky, (John Maynard Keynes), we will learn the fundamental working of our industrial, capitalist economy with a sophisticated financial system. The topics to be covered are unemployment, cyclical fluctuations, deflation and inflation.|
|International Economics||This course provides an analysis of the economic relationships between countries, covering both trade and monetary issues. This course highlight five major themes that are at the forefront of international economics, namely, (1) globalization of economic activity, (2) free trade and protectionism, (3) trade conflicts between developing nations and developed nations, (4) liberalizing trade: WTO versus regional trading arrangements and (5) turbulence in the global financial system. This course is arranged for students having no more background than principles of economics.|
|Operations Management||This course will focus on methods organizations may use in directing optimum use of resources in planning, implementing and controlling production of goods, processes and services. Organizations employ people and capital across boundaries to produce goods and services which are then distributed to demand locations throughout the globe. Companies can only survive and thrive if they are successful in innovating, improving existing goods, processes and services, and taking corrective action whenever it is needed. They also need to ensure that they maximize profits, reduce expenses, improve customer service, and increase productivity while creating value for the society. The course will cover basic elements of operations management by examining a multitude of topics such as forecasting, capacity planning, aggregate planning, process strategy, location strategy, layout strategies, inventory management, scheduling, project management, supply chain management, design of goods and services, queuing theory, maintenance, and quality control. At the end of the course, the students will be able to understand important aspects of operations management and its role in the global marketplace. Students will also develop analytical solutions for a variety of operations management problems by using appropriate quantitative models. They will use spreadsheet models and other software in modeling and solving managerial problems. In addition, students will be provided opportunities to master implementation strategies to improve performance of an operation in a multitude of contexts via true-to-life case studies and simulations. The culminating experience for the course will be a team-based project report and presentation.|
|International Business||– International Business from an Asian Perspective
As the modern economy has become more global, firms not only have to be international, but also be localized in an attempt on globalization. The course is structured to provide a basic, integrated understanding of the complexity of the international business environment and the challenges it poses for businesses which are engaged in cross-border activities. After completing this course, students will be able to understand the importance of global business and economy, perform the basic functions of international business, and act as a global citizen in the modern economy.