前言 北京大学经济学院现有经济学系、国际经济与贸易系、金融学系、风险管理 与保险学系、财政学系、发展经济学系等 6 个教学单位。6 个系均有能力提供用 英文教授的课程;截至目前,我们经过整理,拟提供下面 65 门用英文教授的课 程。 能够开设如此多的英文课程,首先得益于我院优秀的师资力量。目前在经济 学院的教师队伍中,从国外(境外)获得博士学位的人数已经达到三分之一左右; 在国内大学取得博士学位的教师,也大都具有丰富的国际学术阅历,在世界著名 大学或研究机构经常从事学术交流、访学、合作研究等活动。其中一些老师具备 了很好的英语能力,这是我院能够提供英文授课的基本条件。 我院之所以提供一份可供开设英文课程的计划,也充分考虑到了现实需求。 从学生培养角度讲,当下是全球经济一体化的时代,这一客观条件要求我们必须 具备开设部分英文课程的能力,这有利于为我国培养出具有良好国际合作交流能 力和执行能力的经济金融人才。从院系发展角度讲,开设英文课程也是推进经济 学院教育国际化的重要举措。高等教育国际化是院校发展的大势所趋。开设英文 课程能使我院更有效的开展与国外院校的交流与合作,提高经济学院的办学水 准。 这本手册可以说是我院在英文教学领域的探索和成果的部分展示。学院将 努力把这些课程办好,并且随着需要推陈出新,同时与时俱进,对其中一些课程 的教学内容也进行改革和补充。期待不久的将来,我院的中国学生和外国留学生、 其他学院有需要的学生,也都可以修读这些课程。 一个学院的英文课程建设,毕竟只是整个学校教育教学改革的一部分。我们 也将继续在学校各个部门,尤其是学校教务部、研究生院和国际合作部的领导下, 继续把这个工作做扎实。同时,也希望可以分享其他兄弟教学单位的英文合作课 程。 这本手册主要简单介绍我院拟开设的英文课程,同时还提供一些学位﹑住 宿﹑及申请信息。我们相信,随着我院对外合作交流工作的不断深入和拓展,凭 借优秀的师资力量和积极开拓进取的精神,我院能够建设成为世界一流的经济学 科教学及科研机构。 1 School of Economics, Peking University The School of Economics, Peking University is a wonderful place to study economics, thanks to its reputation in economic education and successful research programs. There are six departments at School of Economics, which are Department of Economics, Department of International Economics and Trade, Department of Finance, Department of Risk Management and Insurance, Department of Public Finance, and Department of Development Economics. Each department could offer English-taught courses that there are 65 tentative English-taught courses in total. Here are the descriptions about the tentative English-taught courses we could offer. Note: These tentative course descriptions are for reference only. Please realize that these tentative course descriptions may be modified depending on different semester, semester progresses, instructors, the interests of students, the number of students participating(each course requires a minimum number of students), our teaching plan and other reasons. Instructors reserve the right to modify. The School of Economics, Peking University reserves the right to the interpretation of the English-taught courses. 2 CONTENTS Introduction to School of Economics, Peking University Tentative English-taught Courses List Tentative English-taught Courses Descriptions Courses with Chinese Characteristics P4 P5-6 P7-71 P72-76 Degrees and Majors P77 Accommodation P78 Application Information and Contact P79 3 Introduction of School of Economics, Peking University School of Economics, Peking University was established in 1985. Its predecessor is Department of Economics, established in 1912 by Mr. Yan Fu, after he was assigned the President of Peking University. School of Economics, Peking University is one of the oldest faculties in the university, and the first economics faculty among China’s higher education institutions. The academic structure of School of Economics, Peking University achieves high integration of the theoretical economics and the applied economics, as well as the economic history and the modern economics. Not only have we built upon and maintained our strengths in our traditional fields of economics, but also, we have innovatively developed and gradually advanced expertise in several new fields to adapt to the needs of China’s and the world’s economic development and system changes. School of Economics has an undergraduate program consisting of 6 majors which are Economics, Finance (International Finance), International Economics and Trade, Risk Management and Insurance, Public Finance, and Development Economics. The master program offers 8 majors, including Political Economics, Western Economics, Finance (International Finance, Insurance), Economic History, History of Economic Thoughts, World Economy, Public Finance, and Population, Resources & Environmental Economics. The PHD program offers 7 majors, including Political Economics, Western Economics, Finance (International Finance, Insurance), Economic History, History of Economic Thoughts, World Economy, and Public Finance. The school also has one post-doctoral research station which is the first of its kind ever established in China. School of Economics, Peking University is one of the ‘National Training Bases of Economics Fundamental Talents’ and ‘National Innovative Experimental Areas of Talents Culturing Mode’ assigned by the Ministry of Education P.R.C. Its profound history, rich cultural deposits, renowned academic status and innovative education mode attract the best students in China and all over the world. In 2011, School of Economics had 810 undergraduate students, 301 master and doctoral students, approximately 1796 part-time master students, and about 11796 registered students in the Continuing Education Center (including online education and advanced seminars etc.). School of Economics, Peking University has a strong faculty consisting of both distinguished senior scholars and a large number of young academic leaders. By 2011, the school has 75 fulltime faculty members in total, including 30 professors, 35 associate professors, 10 assistant professors, plus 75 post-doctoral research fellows in the school. One third of the faculty received their Ph. D overseas, and those who received domestic Ph. D also have rich international academic experience through frequent academic visiting, exchanges and joint researches with prestigious universities and research institutes worldwide. School of Economics, Peking University has 14 research institutes with many excellent researchers from our school and the society, which provides the institutes with solid research strength. Scientific research and teaching complement and promote each other in School of Economics. School of Economics, Peking University aims at becoming one of the best economics institutions in the world. Led by Professor Sun Qixiang, the Dean, the school is striving and working diligently to achieve its goal through research and teaching excellence. 4 Tentative English-taught Courses List Department of Economics (P7-25) 1. Econometrics–DONG Zhiyong 计量经济学-董志勇 2. Experimental Economics–DONG Zhiyong 实验经济学-董志勇 Department of International Economics and Trade (P26-37) 20. Advanced Macroeconomics–CHEN Yi 高级宏观经济学-陈仪 21. Topics in International Macroeconomics –CHEN Yi 国际宏观经济学专题-陈仪 3. Financial Market–GUO Yan 金融市场-郭研 4. Principles of Economics (II)–GUO Yan 经济学原理II-郭研 22. Time Series Econometrics–CHEN Yi 时间序列分析-陈仪 23. Intermediate International Macroeconomics–CHEN Yi 中级国际宏观经济学-陈仪 5. Microeconomics of banking–GUO Yan 银行微观经济学-郭研 6. Principles of economics–HU Tao 经济学原理-胡涛 7. Advanced Health Economics–QINXuezheng 高级卫生经济学-秦雪征 8. Principles of Economics–QIN Xuezheng 经济学原理-秦雪征 9. Empirical Economic Research Methodology-QIN Xuezheng 实证经济研究方法-秦雪征 24. Intermediate Econometrics–CHEN Yi 计量经济学-陈仪 25. Intermediate Macroeconomics–CHEN Yi 中级宏观经济学-陈仪 26. International Trade–LI Quan 国际贸易-李权 27. Practice of International Trade–LI Quan 国际贸易实务-李权 28. Series of Seminars on Economic System Comparisons between United States and China–QI Zike 中美经济比较-戚自科 10. Health Care Policy and Reform –QIN Xuezheng 29. Welfare Economics–TANG Xiang 福利经济学-唐翔 医疗政策与改革-秦雪征 11. Applied Econometrics–QIN Xuezheng 应用计量经济学-秦雪征 30. International Macroeconomics –TANG Xiang 国际宏观经济学-唐翔 12. Intermediate Macroeconomics–SU Jian 中级宏观经济学-苏剑 31. International Marketing–WU Qiaoling 国际市场营销-吴侨玲 13. Introduction to Chinese Economy-SU Jian 中国经济导论-苏剑 14. Advanced Microeconomics (2)–XIA Qingjie 高级微观经济学-夏庆杰 15. Frontier of Applied Microeconometric Methods–XIA Qingjie 应用微观计量前沿方法-夏庆杰 16. Economics of Public Issues and Public Policy–XIA Yeliang 公共问题经济学与公共政策-夏业良 17. China's Economy and Institutional Change –XIA Yeliang 中国经济与制度变迁-夏业良 18. Optimization Methods in Dynamic Economics–ZHAO Xiaojun 动态经济学优化方法-赵晓军 19. General Equilibrium Theory–ZHAO Xiaojun 一般均衡理论-赵晓军 5 Department of Finance (P38-48) Department of Public Finance (P59-64) 32. Corporate Finance–CUI Wei 53. Law and Economics–CHEN Jingqi 公司金融-崔巍 33. Behavioral Finance–CUI Wei 行为金融学导论-崔巍 34. International Macroeconomics –HUANG Ling 国际宏观经济学-黄玲 35. International Finance–HUANG Ling 国际金融-黄玲 36. Empirical Research in International Finance–HUANG Ling 法律与经济学-陈景祺 54. Applied Public Economics–CHEN Jingqi 应用公共经济学-陈景祺 55. Public Economics–LIN Shuanglin 公共经济学-林双林 56. Macroeconomics–LIN Shuanglin 宏观经济学-林双林 57. Microeconomics–LIN Shuanglin 微观经济学-林双林 国际金融实证研究-黄玲 37. Topics in International Finance –HUANG Ling 国际金融专题-黄玲 38. China Economic System Reform–LI Lianfa 58. China’s Public Finance–LIN Shuanglin 中国公共财政-林双林 中国经济体制改革-李连发 39. Corporate Governance–LI Lianfa 公司治理-李连发 40. Introduction to Financial Economics –SONG Fangxiu 金融经济学导论-宋芳秀 41. Energy Finance–XIE Shiqing 能源金融学-谢世清 42. Credit Risk Measurement and Management–XIE Shiqing 信用风险的度量与管理-谢世清 Department of Risk Management and Insurance (P49-58) 43. Principle of Actuarial Science–CHEN Kai 保险精算学-陈凯 44. Risk Management–CHEN Kai 风险管理-陈凯 45. Theory of Interest–CHEN Kai 利息理论-陈凯 Department of Development Economics (P65-71) 59. Resource Economics–CAO Heping 自然资源经济学-曹和平 60. Ecological Economics–JI Xi 生态经济学-季曦 61. Resource and Environmental Management –JI Xi 资源和环境管理-季曦 46. Quantitative Risk Management–CHEN Kai 量化风险管理-陈凯 62. Topics in Development Economics –LIU Minquan 发展经济学专题-刘民权 47. Enterprise Risk Management–CHEN Kai 企业风险管理-陈凯 48. Risk Management and Insurance –SUN Qixiang 63. Dynamic Optimization–ZHANG Bo 动态优化-张博 64. Non-life Actuarial Sciences–ZHANG Bo 非寿险精算学-张博 风险管理与保险学-孙祁祥 49. Principles of Risk Management and Insurance–SUO Lingyan 风险管理与保险学原理-锁凌燕 65. Theory of Economic Growth –ZHANG Pengfei 经济增长理论-张鹏飞 50. Introduction to Health Economics and Health Policy–SUO Lingyan 卫生经济学与卫生政策研究导论-锁凌燕 51. China's Insurance Market–ZHENG Wei 中国保险市场-郑伟 52. China's Social Security Reform–ZHENG Wei 中国社会保障改革-郑伟 6 Tentative English-taught Courses Descriptions: (In time order of the establishment of departments) Department of Economics 1. 课程中文名称:实验经济学 任课教师: 董志勇 TITLE: Experimental Economics INSTRUCTOR: DONG Zhiyong, Professor, Department of Economics 课程简介/COURSE DESCRIPTION: Experimental economics is a new economics branch that applies controlled experiment to exam economics hypothesis and to discover new rules, and a decision-making behavior that applies experimental methods to research on human interaction under social backgrounds with explicit or implicit rules. This course provides systematical and comprehensive introductions of the origin, development and theories of experimental economics. It makes efforts to make students obtain comprehensive understanding of experiment economics, and to make them design economics controlled experiment independently to solve actual problems. It is a department optional module. Textbook: DONG Zhiyong (2008.10). Experimental economics. Peking: Peking University Press. Teaching method: in-class lectures, in-class discussions, group experiments, etc. Exam: in-class discussions and experiments accounts for 10% of your final result, group speeches and experiment reports 30%, final exam 60%. 课程安排/TENTATIVE CLASS SCHEDULE: Chapter 1: experimental economics theory Chapter 2: application and design principle of economics experiments Chapter 3: psychology and behaviour of investors in financial markets Chapter 4: experimental research of game theory Chapter 5: the expansion of game theory in experimental economics Chapter 6: public economics Chapter 7: information asymmetry Chapter 8: auction experiment Chapter 9: bargain theory Chapter 10: market structure Chapter 11: experimental economics-capital market Chapter 12: experimental research of public goods Chapter13:present situation, problems, and development prospect of experimental economics 先修课程和能力要求/PREREQUISITES: western economics (Economic principles) 7 2. 课程中文名称:计量经济学 任课教师: 董志勇 TITLE: Econometrics INSTRUCTOR: DONG Zhiyong, Professor, Department of Economics 课程简介/COURSE DESCRIPTION: Econometrics is the branch of economics concerned with the empirical estimation of economic relationships. It is conceived broadly to include not only econometric models and estimation theory but also econometric data analysis, econometric applications in various substantive fields, and the uses of estimated econometric models. Econometrics is the application of mathematics and statistical methods to the analysis of economic data. The evidence provided by the data affects our ideas about the appropriateness of the original model and may result in significant revisions of such models. There is, thus, a continuous interplay in econometrics between mathematical-theoretical modeling of economic behavior, data collection, data summarizing, model fitting, and model evaluation. Theory suggests data to be sought and examined; data availability suggests new theoretical questions and stimulates the development of new statistical methods. The examination of theories in light of data leads to their revision. The examination of data in the light of theory leads often to new interpretations and sometimes to questions about its quality or relevance and to attempts to collect new and different data. 课程安排/TENTATIVE CLASS SCHEDULE: Part 1: summarizes some basic tools used repeatedly in econometrics, including linear algebra, matrix methods, and statistical theory. Part 2: deals with econometric models, their relationship to economic models, their identification, and the question of model choice and specification analysis. Part 3: takes up more advanced topics in estimation and computation theory such as non-linear regression methods, biased estimation, and computational algorithms in econometrics. This part also includes a series of chapters on simultaneous equations models, their specification and estimation, distribution theory for such models, and their Bayesian analysis. Part 4: considers testing of econometric estimators, including Wald, likelihood ratio, and Lagrange multiplier tests; multiple hypothesis testing; distribution theory for econometric estimators and associated test statistics; and Monte Carlo experimentation in econometrics. Part 5:treats various topics in time series analysis, including time series and spectral methods in econometrics, dynamic specification, inference and casuality in economic time series models, continuous time stochastic models, random and changing coefficient models, and the analysis of panel data. Parts 6 and 7: present discussions of various special topics in econometrics, including latent variable, limited dependent variable, and discrete choice models; functional forms in econometric model building; economic data issues including longitudinal data issues; and disequilibrium, self selection, and switching models. Part 8: covers selected applications and uses of econometrics. Because of the extremely wide range of applications of econometrics, we could select only a few of the more prominent applications. Part 9: Eviews application 先修课程和能力要求/PREREQUISITES: Principles of Economics, Statistics 8 3. 课程中文名称:金融市场 任课教师: 郭研 TITLE: Financial Market INSTRUCTOR: GUO Yan, Associate Professor, Department of Economics 课程简介/COURSE DESCRIPTION: The course is an introduction of financial market to undergraduate students from different departments. It aims at providing students with a general understanding of financial market, and basic theories in assets pricing. The course covers a wide range of topics such as the function of financial market, why financial market is regulated, characteristics of different financial institutions, how to measure risk and expected return of different financial instruments and financial derivatives, how to price a financial asset, etc. The students are expected to capture the main paradigm of assets pricing and risk sharing in financial market, which will provide them with necessary foundations for further study in intermediate and advanced financial economics. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Cash Flow Analysis Week 3:Central Bank and Money Supply Week 4: Interest Rate Week 5: Assets Pricing Week 6: Structure and Organization of Financial Market Week 7:Midterm Exam Week 8: Financial Institutions Week 9: Monetary Market Instruments Week 10: Bonds Market Week 11: Assets Securitization Week 12: Stock Market Week 13: Futures and Options Week 14: Other Derivatives Week 15: Course Review 先修课程和能力要求/PREREQUISITES: As an introduction course, there are no prerequisites. 9 4. 课程中文名称:经济学原理(II) 任课教师: 郭研 TITLE:Principles of Economics (II) INSTRUCTOR: GUO Yan, Associate Professor, Department of Economics 课程简介/COURSE DESCRIPTION: This is an introduction course of principles of macro-economics to first year undergraduate students. The course has three objectives: provide fundamental principles of macroeconomics, its rationale, and important concepts; help students understand real world economy, the impact of macroeconomic policies; make students a more astute economic intuition. The course tries to give students the first taste of economic research method, armed with graphs and data. After completing the course, students are expected to use basic theory to explain and analyze macroeconomic problems. The course offers necessary foundation for further studies on intermediate and advanced macroeconomics. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Measuring a Nation’s Income Week 3:Measuring the Cost of Living Week 4: Production and Growth Week 5: Saving Investment and Financial System Week 6: Basic Tools of Finance Week 7:Unemployment Week 8: Monetary System Week 9: Money Growth and Inflation Week 10: Open Economy Macroeconomics Week 11: The Macroeconomic Theory of the Open Economy Week 12: Aggregate Demand and Supply Week 13: The Influence of Monetary and Fiscal Policy on Aggregate Demand Week 14: Short Term Trade-off between Inflation and Unemployment Week 15: Five Debates in Macroeconomic Theory 先修课程和能力要求/PREREQUISITES: As an introduction course, there are no prerequisites. 10 5. 课程中文名称:银行微观经济学 任课教师: 郭研 TITLE: Microeconomics of banking INSTRUCTOR: GUO Yan, Associate Professor, Department of Economics 课程简介/COURSE DESCRIPTION: This is an intermediate course of microeconomics of banking to graduate students. The course will guide students to delve into literatures of banking to understand bank’s role as a financial intermediary in financial system based on asymmetric information paradigm. The course covers different dimensions of banks, such as why there is a financial intermediary, how banks interact with borrowers and lenders, why there is regulation and the impacts of bank’s decision on macro--economy. After completing the course, students are expected to use the frame work of information economics to model banks functions in resource allocation; to evaluate regulatory policies in terms of efficiency and financial stability, to understand bank’s influence on economic growth. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Definition and functions of a bank Week 3: Why financial intermediaries exist (I) Week 4: Why financial intermediaries exist (II) Week 5: Class discussion on financial intermediaries Week 6: Lender-borrower relationship(I) Week 7: Lender-borrower relationship(II) Week 8: Class discussion on lender-borrower relationship Week 9: Macroeconomics of credit market Week 10: Class discussion on macroeconomic implications of bank Week 11: Systematic risk and bank runs Week 12: Class discussion on bank runs Week 13: Regulation (I) Week 14: Regulation (II) Week 15: Class discussion on regulation 先修课程和能力要求/PREREQUISITES: Intermediate microeconomics 11 6. 课程中文名称:经济学原理 任课教师: 胡涛 TITLE: Principles of Economics INSTRUCTOR: HU Tao, Associate Professor, Department of Economics 课程简介/COURSE DESCRIPTION: As the introduction level course of economics, we emphasize the fundamental principles of economics and the perspectives of economists. To this end, the course takes great effort in teaching what the most important principles of economics are, how economics distinguishes itself from other social science principles. Besides above, we also pay a lot attention to application of the abstract principles. It means the course will use a lot of facts from the real world around us as the case to analysis. The lecture will cover most fundamental topics in micro and macro fields, such as opportunity cost, demand and supply, consumer and producer behavior, perfect and imperfect markets, input markets and some macro issues. There will be two tests and five problem sets, the credits should closely relate to your performance in tests and problem sets. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Ten principles of economics Week 2: Theory of comparative advantage Week 3: Supply and demand Week 4: Using of supply and demand Week 5: Welfare economics Week 6: Externality Week 7: Commons and public goods Week 8: The cost of production Week 9: Competitive market Week 10: Monopoly Week 11: Oligopoly Week 12: Markets of input Week 13: Inequity and poverty Week 14: Consumer theory Week 15: Frontiers of Microeconomics 先修课程和能力要求/PREREQUISITES: None 12 7. 课程中文名称:高级卫生经济学 任课教师: 秦雪征 TITLE: Advanced Health Economics INSTRUCTOR: QIN Xuezheng, Assistant Professor, Department of Economics 课程简介/COURSE DESCRIPTION: This course aims to provide you with an in-depth understanding of the analytical framework and research frontier in health economics. With an aging population and increasing demand for healthcare resources, health economics as a relatively new branch in economics has enjoyed unprecedented attention and fast growth in recent decades. In this advanced level course, we will discuss the important papers in health economics through a series of seminar sessions. The research topics covered include the theoretical and empirical analysis of the demand for health and health care, the physician behavior and the supply of health care, health insurance and the related issues, the interaction between health and the social, environmental and behavioral factors, the study on the statistical value of life, the China health care reforms, etc. Upon completion of the course, students are expected to be familiar with the main research subjects and tools in this field, and be able to conduct independent research on the related topics. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to Health Economics (1) Week 2: Introduction to Health Economics (2) Week 3: The Demand for Health as Human Capital Week 4: Demand for Medical Care and Moral Hazard Week 5: Physician as Supplier of Medical Care Week 6: Demand for Health Insurance and Adverse Selection Week 7: Public Health Insurance Week 8: Managed Care Programs Week 9: Social Economic Status and Health Week 10: Environment and Health Week 11: Health Related Behaviors Week 12: Hospital Market and Performance Week 13: Valuation of Life and Health Week 14: China Health Care Reforms Week 15: Student Paper Presentation 先修课程和能力要求/PREREQUISITES: Intermediate Microeconomics, Intermediate Econometrics. It is expected that you are already familiar with the microeconomic theory and the econometric modeling techniques before taking this course. 13 8. 课程中文名称:经济学原理 任课教师: 秦雪征 TITLE: Principles of Economics INSTRUCTOR: QIN Xuezheng, Assistant Professor, Department of Economics 课程简介/COURSE DESCRIPTION: This course aims to provide you with a general understanding of the principles and analytical tools in economics. The lectures cover a wide range of topics in micro- and macro- economics, such as the demand and supply analysis, market structure and firm behavior, GDP and its measurement, inflation and unemployment, business cycles and short run equilibrium output, money market and the federal reserve system, etc. In completing this course, you are expected to be familiar with these economic subjects. You will also be requested to conduct independent research on an economic issue and present your findings in the form of a term paper and class presentation. Multimedia resources will be used in the class to enhance the learning experience. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Comparative Advantage and Production Possibility Curve Week 3: Demand, Supply and Market Equilibrium Week 4: The Invisible Hand and Perfect Competition Week 5: Monopoly, Oligopoly and Other Forms of Imperfect Competition Week 6: Externalities and Property Rights Week 7: Measuring a Nation’s GDP Week 8: Measuring the Price Level and Inflation Week 9: Labor Market and Unemployment Week 10: Short Term Economic Fluctuations Week 11: Spending and Output in the Short Run Week 12: Money Market and the Role of Fed Week 13: Aggregate Demand and Aggregate Supply Week 14: Student Group Presentation (1) Week 15: Student Group Presentation (2) 先修课程和能力要求/PREREQUISITES: None 14 9. 课程中文名称:实证经济研究方法 任课教师: 秦雪征 TITLE: Empirical Economic Research Methodology INSTRUCTOR: QIN Xuezheng, Assistant Professor, Department of Economics 课程简介/COURSE DESCRIPTION: This course provides you with an in-depth understanding of the methodology and tools that are frequently used in the empirical economic research. The topics covered include linear and non-linear regressions, generalized method of moments, non-parametric and semi-parametric techniques, time series and panel data models, models of limited dependant variables, IV estimation and simultaneous equation systems, survival analysis and program evaluation methods. In supplement to the lectures, we will also study many empirical research papers during the seminar sessions of each class, which provide good examples of the above topics. In addition, you will get hands-on experience in conducting empirical research by writing and presenting a term paper by the end of the semester. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Linear Least Squares Week 3: Non-linear Least Squares and Maximum Likelihood Estimation Week 4: Discrete Choice Models Week 5: Time Series Models Week 6: Models for Panel Data Week 7: Tobit and Selection Models Week 8: Models of Count Data Week 9: Endogeneity and IV Estimation Week 10: Simultaneous Equation Models Week 11: Generalized Method of Moments Week 12: Non-parametric and Semi-parametric Methods Week 13: Survival Analysis Week 14: Treatment Evaluation Week 15: Student Paper Presentation 先修课程和能力要求/PREREQUISITES: Intermediate Econometrics. It is expected that you have a good understanding of the intermediate level econometrics before taking this course. The purpose of this course is to survey the more advanced econometric methodology used in modern empirical research; therefore we will not spend much time on the derivation of basic models. 15 10. 课程中文名称:医疗政策与改革 任课教师: 秦雪征 TITLE: Health Care Policy and Reform INSTRUCTOR: QIN Xuezheng, Assistant Professor, Department of Economics 课程简介/COURSE DESCRIPTION: The aging population and an increasing demand for healthcare resources have generated political debate and scholarly interest in health care policy and health system reforms around the world. The aim of this course is to provide students with an overview of the health care system, its components, and the policy challenges created by the organization of this system. The topics covered include: demand for health and health care, the physician behavior and the supply of health care, health insurance and the related issues, medical institutions and the hospital market, public health programs and the role of government, the pharmaceutical industry and drug policy, health care reforms in US and China, etc. Upon completion of the course, students are expected to be familiar with the main subjects and issues in this field, and be able to conduct independent research on the related topics. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to the Health Care System (1) Week 2: Introduction to the Health Care System (2) Week 3: The Consumer Demand for Medical Care Week 4: Physicians, Medical Institutions, and the Supply of Medical Care Week 5: Demand for Health Insurance and the Rand Health Insurance Experiment Week 6: Supply of Health Insurance and the Managed Care Week 7: The Role of Government in Health Care Week 8: Pharmaceutical Industry and the Drug Policy Week 9: Health Care Reforms in US Week 10: Health Care Reforms in China Week 11: Preparation for Student Presentation Week 12: Student Paper Presentation (1) Week 13: Student Paper Presentation (2) Week 14: Student Paper Presentation (3) Week 15: Term Paper Submission 先修课程和能力要求/PREREQUISITES: No disciplinary background is assumed, nor is any special familiarity with the field of health care required. 16 . 11. 课程中文名称:应用计量经济学 任课教师: 秦雪征 TITLE: Applied Econometrics INSTRUCTOR: QIN Xuezheng, Assistant Professor, Department of Economics 课程简介/COURSE DESCRIPTION: This course provides you with a general understanding of the econometric modeling tools that are frequently used in the empirical economic studies. The topics covered include linear regressions and the selection of functional forms, heateroskedasticity and serial correlation, basic and more advanced time series techniques, pooled cross-sectional and panel data models, models for binary choice and limited dependant variables, endogeneity and instrumental variable estimation, simultaneous equation models, etc. The computer programming techniques that are needed to implement the above models will also be taught using SAS software. In addition, you will get a taste of empirical research using the real-world data by conducting an independent research project. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: SAS Training Week 3: Ordinary Least Squares, Functional Form, Hypothesis Testing Week 4: Dummy Variables, Correcting for Trend and Seasonality Week 5: Heteroskedasticity and Serial Correlation Week 6: Classical Time Series Models Week 7: Time Series: Advanced Topics Week 8: Pooling Time Series and Cross Sections Week 9: Panel Data Models Week 10: Binary Choice Models Week 11: Limited Dependant Variable Models Week 12: Endogeneity and IV estimation Week 13: Simultaneous Equation Models Week 14: Term Paper Presentation (1) Week 15: Term Paper Presentation (2) 先修课程和能力要求/PREREQUISITES: Introductory Econometrics or Statistics. It is expected that you are already familiar with the basic set-up and derivation of the linear regressions through an introductory econometric/statistics course. The purpose of this course is to enable you to apply the econometric modeling tools to solve the real economic problems rather than teach you the mathematical derivation of each model. 17 12. 课程中文名称:中级宏观经济学 任课教师: 苏剑 TITLE:Intermediate Macroeconomics INSTRUCTOR: SU Jian, Associate Professor, Department of Economics 课程简介/COURSE DESCRIPTION: This course aims to provide students with a comprehensive training in macroeconomic analysis. With knowledge of this course, students shall be able to understand the causes of unemployment, inflation, and economic growth, and are able to understand and design macroeconomic policies. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Macroeconomic Indicators Week 3: Income-expenditure Model (1) Week 4: Income-expenditure Model (2) Week 5: Asset Markets (1) Week 6: Asset Markets (2) Week 7: Demand Management Policies Week 8: Aggregate Demand-Aggregate Supply Model Week 9: Economic Growth Week 10: Mircofoundations of Aggregate Demand (1) Week 11: Mircofoundations of Aggregate Demand (2) Week 12: Mircofoundations of Aggregate Supply I: New Classical School (1) Week 13: Mircofoundations of Aggregate Supply I: New Classical School (2) Week 14: Mircofoundations of Aggregate Supply II: New Keynesian School (1) Week 15: Mircofoundations of Aggregate Supply II: New Keynesian School (2) 先修课程和能力要求/PREREQUISITES: Introductory Microeconomics. 18 13. 课程中文名称:中国经济导论 任课教师:苏剑 TITLE: Introduction to Chinese Economy INSTRUCTOR: SU Jian, Associate Professor, Department of Economics 课程简介/COURSE DESCRIPTION: China’s fast economic growth has generated great interest among media, scholars and ordinary people around the world. The aim of this course is to provide students with an overview of the Chinese economy. Upon completion of the course, students are expected to be familiar with China’s economic system, its current economic reforms, and the challenges that the country faces in the twenty-first century. The contents of this course will be conveyed through a mix of lectures and class discussions. Student’s participation is strongly encouraged. Specifically, students are expected to discuss the assigned articles and current events in class. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: An overview of the Chinese economy Week 2: The Chinese economy before 1949 Week 3: The socialist era Week 4: The rural economy (1) Week 5: The rural economy (2) Week 6: The price reform of China Week 7: China’s enterprise reform Week 8: The population policy of China Week 9: The employment issue of China Week 10: China and the world economy Week 11: Macroeconomic stability (1) Week 12: Macroeconomic stability (2) Week 13: Sustainability 先修课程和能力要求/PREREQUISITES: 19 14. 课程中文名称: 高级微观经济学(二) 任课教师: 夏庆杰 TITLE:Advanced Microeconomics (2) INSTRUCTOR: XIA Qingjie, Associate Professor in Economics, Department of Economics 课程简介/COURSE DESCRIPTION: Advanced Microeconomics (2) is for the postgraduate students subjected in economics. Following the design of postgraduate studies in economics of the western major universities, the module of Advanced Microeconomics (2) focuses on the advanced game theory. The purpose of the module is to train postgraduate students to think strategically and to do economic modeling by using game theory. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to game theory Week 2: Basic models of game theory (1) Week 3: Basic models of game theory (2) Week 4: Modeling the dueling game by game theory Week 5: Modeling the Russian Roulette Game by game theory, the St. Petersburg paradox, Allais paradox Week 6: Computing Nash equilibrium Week 7: Von Neumann's minimax game Week 8: Inspection game Week 9: Proof of Nash Equilibrium, modeling duopoly game Week 10: Sequential game: basic theory, Kreps's Quiche game Week 11: Sequential game: further theory, von Neumann's card game and other games Week 12: Repeated game Week 13: Bargaining game Week 14: Cooperative game: basic theory Week 15: Cooperative game: Shapley value 先修课程和能力要求/PREREQUISITES: Microeconomics, probability theory, calculus, primary game theory 20 15. 课程中文名称:应用微观计量前沿方法 任课教师: 夏庆杰 TITLE: Frontier of Applied Microeconometric Methods INSTRUCTOR: XIA Qingjie, Associate Professor in Economics, Department of Economics 课程简介/COURSE DESCRIPTION: Frontier of Applied Microeconometric Methods is an optional research-method-oriented module for senior undergraduate students subjected in economics. The main purpose is to train the students to conduct economic research by using advanced microeconometric methods and to publish academic papers. In detail, a series of academic papers focusing on using microeconometric methods published in the top economic journals will be introduced and analyzed. Additionally, this module will also supply the students with a data set of household survey, and the students will be asked to write a research paper. Through such a process, the students will learn how to conduct serious economic research. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to module and talk on how to write an academic paper Week 2: Mincerian earning function and its estimation Week 3: JMP decomposition method Week 4: DFL decomposition method Week 5: Quantile regression 1 Week 6: Quantile regression 2 Week 7: Quantile regression 3 Week 8: MM decomposition method Week 9: GMM Week 10: Panel GMM (1) Week 11:Panel GMM (2) Week 12: Treatment effect Week 13: Research discontinuity design Week 14: Duration model Week 15: Semi-parametric regression 先修课程和能力要求/PREREQUISITES: Principle of economics, introduction to basic econometrics 21 16. 课程中文名称:公共问题经济学与公共政策 任课教师: 夏业良 TITLE: Economics of Public Issues and Public Policy INSTRUCTOR:XIA Yeliang, Professor, Department of Economics 课程简介/COURSE DESCRIPTION: This course aims to provide you a brief introduction on current issues concerning China's social and economic issues with group or public interests with basic concepts, data and information from Food Security, Oil Price and State Monopoly, Housing and Land disputes, Traffic Jam, Environmental Pollution, etc. to various policy debates and possible alternatives for measures taken by the government. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to Political Economy on Public Issues in China Week 2: Group Interests or State Interests? Whose Benefits? Week 3: Fairness, Justice and Economic Efficiency Week 4: Optimization and Pareto Improvement Week 5: Urbanization and Rural Land Occupation Week 6: Public Goods and Externalities Week 7: Compensation and External Supervision Week 8: Traffic dilemma and Efficiency of transportation Week 9: The Food Security, Moral Hazard and Punishment Week 10: The Nightmare of Environmental Pollution Week 11: Energy Crisis and Oil Pricing Mechanism Week 12: The Adventures in the Stock and Housing Markets Week 13: Social Security and Insurance Bottleneck Week 14: Social Justice and Effective Supervision on Judicial Justice Week 15: Media Exposure, Netizen Discussion and Policy Debates on Public Issues 先修课程和能力要求/PREREQUISITES: Introductory Micro- and Macro-Economics. It is expected that you are already familiar with the basic econometrics, microeconomics and macroeconomics before taking this course. Courses taken on institutional economics are appreciated and preferred. 22 17. 课程中文名称:中国经济与制度变迁 任课教师: 夏业良 TITLE: China's Economy and Institutional Change INSTRUCTOR: XIA Yeliang, Professor, Department of Economics 课程简介/COURSE DESCRIPTION: This course aims to provide you a brief introduction on current issues of China's economy with basic concepts, data and information from GDP, CPI, unemployment rate, etc. to various policy debates and possible alternatives for measures taken by the government. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to Chinese Economic History Before 1949 Week 2: China's Economic System Before 1979 Week 3: Reform and Opening to the Outside World Week 4: Initial Institutional Innovation started in Rural China Week 5: Urban Reform and designated SEZs in Coastal Areas Week 6: Dual-Track Price System and Independent Decision Making by the Firms Week 7: Incentives and Performance Improvement Week 8: The Unexpected Demand and Hyper-Inflation Week 9: The Share-Holding System and Modern Firm System Week 10: Deng's speech during Tour to the South and Steering Towards the Market Economy Week 11: The Entry to WTO and Active Response to Globalization Week 12: SOEs Revitalization and Monopoly Status Week 13: Renationalization and Unfavorable conditions for Private Firms Week 14: Social Conflicts, Unequal Redistribution of Wealth and Pressure for Further Reform Week 15: Policy Debates on Public Issues 先修课程和能力要求/PREREQUISITES: Introductory Micro- and Macro-Economics. It is expected that you are already familiar with the basic micro- and macro- economic theory before taking this course. Courses taken on institutional economics are appreciated and preferred. 23 18. 课程中文名称: 动态经济学优化方法 任课教师: 赵晓军 TITLE: Optimization Methods in Dynamic Economics INSTRUCTOR: ZHAO Xiaojun, Assistant Professor, Department of Economics 课程简介/COURSE DESCRIPTION: This course provides various optimization methods to analyze the dynamic economy. The dynamic economy can be separated as the deterministic and stochastic parts, and the optimization methods are variation method, optimal control, Lagrange functional and dynamic programming. Variation method is the fundamental in the dynamic optimization theory, and can be used to find the optimal rules that the agents should abide by in the complex economic system, such as the optimal stopping time, multi-stage problems and the information economics. Optimal control is the standard method, while Lagrange functional has the universal usage. Dynamic programming is another important optimization method which does not depend on the variation method; it is widely used to find the numeric solution of the dynamic system. In a word, this course provides you swords to fight difficulties in the economic research. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Differential and Difference Systems Week 2: Static Optimization: Kunn-Tucker Theorem Week 3: Variation Method (1) Week 4: Variation Method (2) Week 5: Optimal Control (1) Week 6: Optimal Control (2) Week 7: Optimal control and the Applications in Economics Week 8: Lagrange functional Week 9: Lagrange functional and the Applications in Economics Week 10: Dynamic Programming (1) Week 11: Dynamic Programming (2) Week 12: Dynamic Programming and the Applications in Economics Week 13: Some Various Topics in Dynamic Economy Week 14: Student’s Presentation (1) Week 15: Student’s Presentation (2) 先修课程和能力要求/PREREQUISITES: Advanced Calculus, Advanced Macroeconomics, Numerical Methods, Probability and Stochastic Process, Statistics. 24 19. 课程中文名称:一般均衡理论 任课教师: 赵晓军 TITLE: General Equilibrium Theory INSTRUCTOR: ZHAO Xiaojun, Assistant Professor, Department of Economics 课程简介/COURSE DESCRIPTION: This course provides the deep understanding about the economy system. Traditionally, general equilibrium (GE) theory is deemed as the core of economics, it has much more longer history than other subjects in economics. In this course, we first introduce the classic GE theory, which is composed of the work of Walras, Debrue, Mckenzie, etc. Even, we will extend to the dynamic and stochastic cases and show how the GE theory works. Furthermore, we step in the dynamic stochastic general equilibrium (DSGE) model and derive some new results. Besides, the course provides the computational methods to analyze the GE model, we prepare the two sections focusing on the CGE and DSCGE models. In the last, I will propose several open problems which are concerned with GET, and hope the prominent student solve them. Pure theory can be cumbersome, you may find fun in it. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Some Mathematical Preliminaries Week 2: Demand and Supply Theory Week 3: General Equilibrium and Welfare(1) Week 4: General Equilibrium and Welfare(2) Week 5: The Existence of the Equilibrium(1) Week 6: The Existence of the Equilibrium(2) Week 7: General Equilibrium and the core Week 8: Dynamic General Equilibrium Theory Week 9: Stochastic General Equilibrium Theory Week 10: Dynamic Stochastic General Equilibrium Models----Some Cases Week 11: The Stable Distribution in DSGE Models Week 12: Some Numerical Methods in DSGE Models Week 13: The Computational General Equilibrium Models Week 14: Special Topics in DSGE Models Week 15: Several Open Problems Related to the General Equilibrium Theory 先修课程和能力要求/PREREQUISITES: Advanced Calculus, Advanced Microeconomics, Advanced Macroeconomics, Numerical Methods, Probability and Stochastic Process, Statistics. 25 Department of International Economics and Trade 20. 课程中文名称:高级宏观经济学 任课教师:陈仪 TITLE: Advanced Macroeconomics INSTRUCTOR: CHEN Yi, Assistant Professor, Department of International Economics and Trade 课程简介/COURSE DESCRIPTION: This is a macroeconomic course for first-year and / or second-year graduate students. The main difference between undergraduate and graduate macroeconomics is the use of models that are explicitly dynamic and stochastic. This course is designed as an introduction to dynamic macroeconomic analysis, particularly recursive methods. As such, the course will consist of a fairly thorough presentation of the ideas and techniques contained in a wide range of macro literature. Topics include but are not limited to consumption-based asset pricing, real business cycles and Walrasian monetary model. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to Dynamic Programming I Week 2: Introduction to Dynamic Programming II Week 3: Saving under Uncertainty Week 4: Lucas-Tree Model Week 5: Equity Premium Puzzle I Week 6: Equity Premium Puzzle II Week 7: Modeling Term Premium Week 8: Real Business Cycles I Week 9: Real Business Cycles II Week 10: Real Business Cycles III Week 11: MIU model Week 12: CIA model Week 13: Shopping Time Model Week 14: Introduction to New Keynesian Monetary Models Week 15: Course Review 先修课程和能力要求/PREREQUISITES: Introductory Graduate Macroeconomics 26 21. 课程中文名称:国际宏观经济学专题 任课教师:陈仪 TITLE: Topics in International Macroeconomics INSTRUCTOR: CHEN Yi, Assistant Professor, Department of International Economics and Trade 课程简介/COURSE DESCRIPTION: This is a course for advanced graduate students specialized or interested in international macroeconomics. The first objective of this course is to familiarize students with recent developments in international macroeconomics. The course will focus on intertemporal models of the current account and exchange rate, a body of work which has come to be known as the "New Open Economy Macroeconomics." The course will deal with the theory, testing, and applications of these models. The second objective is to help students explore potential areas for dissertation topics. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Intertemporal Models of the Current Account Week 2: International Capital Movement: The Feldstein-Horioka Puzzle Week 3: Comovements in International Business Cycles Week 4: International Portfolio Diversification and Risk Sharing I Week 5: International Portfolio Diversification and Risk Sharing II Week 6: Nominal Exchange Rate Determination I Week 7: Nominal Exchange Rate Determination II Week 8: The Role of Monetary Policy Week 9: Testing Law of One Price Week 10: Exchange Rate Risk and Welfare Week 11: Optimal Monetary Policy Week 12: Valuation Effects Week 13: Monetary Union Week 14: Trade Costs Week 15: Course Review 先修课程和能力要求/PREREQUISITES: Advanced Macroeconomics, Intermediate International Economics, Time Series Econometrics 27 22. 课程中文名称:时间序列分析 任课教师:陈仪 TITLE: Time Series Econometrics INSTRUCTOR: CHEN Yi, Assistant Professor, Department of International Economics and Trade 课程简介/COURSE DESCRIPTION: The course is a graduate-level introduction to univariate and multivariate time series models. It starts by introducing basic concepts and progresses to more complicated models. The course intends to meet two goals. It provides tools for empirical work with time series data and is an introduction into the theoretical foundation of time series models. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Preliminaries Week 2: Stochastic Processes and Stationarity Week 3: Modeling Trends Week 4: Autocovariances and Linear Time Series Models I Week 5: Autocovariances and Linear Time Series Models II Week 6: Spectral Representation of Stationary Processes Week 7: Asymptotic Theory for Dependent Samples Week 8: Estimation and Specification of ARMA Models Week 9: Multivariate Time Series and VARs I Week 10: Multivariate Time Series and VARs II Week 11: Multivariate Time Series and VARs III Week 12: GMM Estimation Week 13: Unit Root Asymptotics and Unit Root Tests Week 14: Cointegration Week 15: Course Review 先修课程和能力要求/PREREQUISITES: Intermediate Econometrics 28 23. 课程中文名称:中级国际宏观经济学 任课教师:陈仪 TITLE: Intermediate International Macroeconomics INSTRUCTOR: CHEN Yi, Assistant Professor, Department of International Economics and Trade 课程简介/COURSE DESCRIPTION: This course is designed for sophomore / junior undergraduate students. The goal of the course is to understand what determines a country’s exchange rate, trade balance, and national output in an international context. The first portion of the course will lay out several useful theories regarding these variables, and the second portion will help students assemble these theories into an overall analytical framework usable for policy analysis. The third portion of the course will challenge students to apply this analytical framework to several current and historical policy issues. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to exchange rates Week 2: The monetary approach to exchange rates Week 3: The asset approach to exchange rates Week 4: National and international accounts Week 5: Determination of currant account Week 6: The gains from globalization Week 7: Midterm Week 8: Macroeconomic policies Week 9: History of the international monetary system Week 10: Macroeconomic policy coordination Week 11: European monetary union Week 12: Currency crises Week 13: Developing country issues Week 14: Student presentation and discussion Week 15: Student presentation and discussion 先修课程和能力要求/PREREQUISITES: Intermediate Microeconomics, Intermediate Macroeconomics 29 24. 课程中文名称:中级宏观经济学 任课教师:陈仪 TITLE: Intermediate Macroeconomics INSTRUCTOR: CHEN Yi, Assistant Professor, Department of International Economics and Trade 课程简介/COURSE DESCRIPTION: This course is designed to familiarize students with the tools of modern macroeconomic theory at the intermediate undergraduate level. Models are developed to explain how output, unemployment and inflation are determined. These models then are used to analyze monetary and fiscal policies. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Macro data Week 3: National income Week 4: Economic growth I Week 5: Economic growth II Week 6: Unemployment Week 7: Money and inflation Week 8: Introduction to economic fluctuations Week 9: Aggregate demand I Week 10: Aggregate demand II Week 11: Aggregate supply II Week 12: A Dynamic Policy Model Week 13: Stabilization Policy Week 14: Consumption theory Week 15: Government debt 先修课程和能力要求/PREREQUISITES: Introductory Microeconomics, Introductory Macroeconomics 30 25. 课程中文名称:中级计量经济学 任课教师:陈仪 TITLE: Intermediate Econometrics INSTRUCTOR: CHEN Yi, Assistant Professor, Department of International Economics and Trade 课程简介/COURSE DESCRIPTION: This course is designed for 2nd-year undergraduate students. The course focuses on understanding and application of the linear regression model. This tool is essential in the study of relationships between two or more economic variables, testing hypothesis of economic behavior and forecasting economic outcomes. Economics and econometrics, unlike most sciences and statistics, is characterized by the unavailability of controlled environments and repeated experimentation. Consequently, it is difficult to discover or test causal relationships, to measure the effects of a particular economic policy or an economic control on economic states, and other similar thought experiments. Econometrics not only provides adequate statistical methods but also clever solutions to overcome many of these obstacles. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to Empirical Questions and Data Week 2: Review of Probability Week 3: Review of Statistics Week 4: Univariate Linear Regression I Week 5: Univariate Linear Regression II + Midterm 1 Week 6: Multivariate Regression I Week 7: Multivariate Regression II Week 8: Applications of Linear Regression Models I Week 9: Applications of Linear Regression Models II Week 10: Midterm 2 + Instrumental Variables Regression Week 11: Multiple Regression I Week 12: Multiple Regression II Week 13: Time Series Regression I Week 14: Time Series Regression II Week 15: Course Review 先修课程和能力要求/PREREQUISITES: Introductory Statistics, Introductory Econometrics 31 26. 课程中文名称:国际贸易 任课教师:李权 TITLE: International Trade INSTRUCTOR: LI Quan, Associate Professor, Department of International Economics and Trade 课程简介/COURSE DESCRIPTION: This is a course in international trade theory and policy with an emphasis on real world applications. We will introduce the thoughts and models of remarkable theories such as comparative advantage, factor proportion, and scale economy. We will use partial and general equilibrium analysis to cover a wide range of topics in policies such as tariffs, quotas, VERs, subsidies, anti-dumping, integration, WTO, etc. With the examinations of cases on realistic events and policies, we will shed light on the underlying economic, social, and political factors that affect trade patterns. The goal is to enable you to understand current political debates on trade and protection in a structured manner and to express your analysis in a coherent way. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to International Trade Week 2: The Ricardian Model Week 3: The Heckscher-Ohlin Model Week 4: Imperfect Competition and Scale Economy Model Week 5: Catch-up and Review I Week 6: Discussion Section I Week 7: Overview of WTO Week 8: Tariffs Week 9: Quotas and VERs Week 10: Fair Trade Week 11: Economic Integration Week 12: Catch-up and Review II Week 13: Discussion Section II Week 14: Topic (Arguments For and Against Protection) Week 15: Summary 先修课程和能力要求/PREREQUISITES: Introductory Micro-Economics. It is expected that you are already familiar with the basic microeconomic theory before taking this course. In addition, it will be better if you have taken the course on Economic and Business in English. 32 27. 课程中文名称:国际贸易实务 任课教师:李权 TITLE: Practice of International Trade INSTRUCTOR: LI Quan, Associate Professor, Department of International Economics and Trade 课程简介/COURSE DESCRIPTION: This course aims to provide you with a comprehensive training in international trade rules and negotiations. The lectures cover a wide range of topics such as Trade Terms, Delivery and Payment of Goods, Disputes Settlements, etc. We will use plenty of cases to analyse the important topics. In completing this course, you are expected to attend the discussions and group presentation, which will enhance your ability to learn and cooperate. In addition, from this course, you are expected to have a good sense of trade environment and trade negotiations, which will be helpful to your practice. 课程安排/TENTATIVE CLASS SCHEDULE Week 1: Introduction to Practice of International Trade Week 2: Contracts for the Sale and Purchase of International Commodity Week 3: Trade Terms and Pricing Methods Week 4: Delivery of Goods Week 5: Cargo Transportation Insurance Week 6: Payment of Goods Week 7: Disputes, Claim, Arbitration Week 8: Catch-up and Review Week 9: Discussion Section Week 10: WTO and Economic Integration Week 11: Barriers to Imports and Promoting Exports Week 12: Sources of Protectionism Week 13: Trade Patterns Week 14: Trade Negotiation Week 15: Summary 先修课程和能力要求/PREREQUISITES: It will be better if you have taken the course on Economic and Business English. 33 28. 课程中文名称:中美经济体制比较 任课教师:戚自科 TITLE: Series of Seminars on Economic System Comparisons between United States and China INSTRUCTOR: QI Zike, Assistant Professor, Department of International Economics and Trade 课程简介/COURSE DESCRIPTION: This course aims to provide you a whole picture about how American and Chinese economic systems get going and more importantly how they differ from each other. Basically the course is composed of series seminars which cover a wide range of topics with micro- and macroperspectives, such as GDP and its components, different market structure and firm or household behavior, dissimilar factor markets, distinct business cycles, and disparities on macro-economic managements done by governments, etc. In completing this course, you will have a much better and comprehensive understanding about what a mature market economy looks like and what a pre-mature market economy means. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Different Uses about Economic Indicators Week 3: The Undergoing Reform in China and the Counterpoints in U.S. History Week 4: Micro Disparities: Enterprises and Households I Week 5: Micro Disparities: Enterprises and Households II Week 6: Factor Markets in United States and China__Capital and Technology Week 7: Factor Markets in United States and China__Land and Labor Week 8: Similar and Dissimilar Macro Fiscal Management I Week 9: Similar and Dissimilar Macro Fiscal Management II Week 10: Similar and Dissimilar Macro Financial Management I Week 11: Similar and Dissimilar Macro Financial Management II Week 12: Income Distribution in United States and China Week 13 :Social Security in United States and China: Week 14: Business Cycles Week 15: Who is the Political Economic Laboratory? 先修课程和能力要求/PREREQUISITES: Introductory Micro- and Macro-Economics. It is expected that you are already familiar with the basic micro- and macro- economic theory before taking this course. 34 29. 课程中文名称:福利经济学 任课教师:唐翔 TITLE: Welfare Economics INSTRUCTOR: TANG Xiang, Assistant Professor, Department of International Economics and Trade 课程简介/COURSE DESCRIPTION: Welfare economics is an important branch of modern economics. Essentially, it could be regarded as a system of theories about “choosing the optimum social life style”. It attempts to answer an imaginative question: How a society should organize its social life in order to maximize the aggregate well-being of its members, under given natural and cultural conditions. More formally, welfare economics is a science that uses the methodologies of modern economics to study 1) how to define the social welfare based on individual welfare, and 2) how to maximize the social welfare by appropriate design of social institutions and public policy. These two topics may be termed as normative and applied welfare economics, respectively. This course discusses a series of important contemporary policy issues based on an introduction of the concepts and theories of welfare economics, with the aim of equipping the students with a basic framework for understanding and thinking about social institutions and public policy-making. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction: Definitions, Concepts and Intellectual History Week 2: Pareto Efficiency and Competitive Economy (I) Week 3: Pareto Efficiency and Competitive Economy (II) Week 4: Old vs. New Welfare Economics (I) Week 5: Old vs. New Welfare Economics (II) Week 6: Externalities and the “Coase Theorem” Week 7: Public Goods Theory (I) Week 8: Public Goods Theory (II) Week 9: First, Second and Third Best Week 10: Sen’s Capability Approach to Poverty Week 11: Relative Income effects (I) Week 12: Relative Income effects (II) Week 13: Optimal Income Tax Theory Week 14: Globalization and the Race to the Bottom (I) Week 15: Globalization and the Race to the Bottom (II) 先修课程和能力要求/PREREQUISITES: Intermediate Micro-economics, Basic Calculus 35 30. 课程中文名称:国际宏观经济学 任课教师:唐翔 TITLE: International Macroeconomics INSTRUCTOR: TANG Xiang, Assistant Professor, Department of International Economics and Trade 课程简介/COURSE DESCRIPTION: This course can also be entitled “international monetary economics”. Its subject is the macroeconomic and monetary interactions between national economies, which fall into two categories: 1) open-economy macroeconomics, which concerns how an individual country interacts with the international economy in the macroeconomic and monetary sphere; and 2) the theory of international monetary systems, which discusses different monetary and financial arrangements for the world as a whole from a global perspective. This course is divided into 3 parts. First, we will conduct a brief introduction of the basic concepts and theories of open-economy macroeconomics. Second, we will discuss the historic evolution and lessons of the international monetary system. Third, we will discuss several important theoretical and policy issues concerning the contemporary global financial system. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Basic Relations in the Open Economy Week 2: Theories of Exchange Rate Determination (I) Week 3: Theories of Exchange Rate Determination (II) Week 4: Theories of Balance of Payments Adjustment Week 5: The Mundell-Fleming Model and Stabilization Policies Week 6: The Gold Standard (I): The Rules of the Game Week 7: The Gold Standard (II): The Great Depression Week 8: Bretton Woods System (I): Its Design Week 9: Bretton Woods System (II): Its Operation and Collapse Week 10: Post-Bretton Woods Experiences Week 11: Optimum Currency Areas and the EMU Week 12: Financial Globalization: Political Economy and Social Welfare Consequences Week 13: BOP and Financial Crises Week 14: Global Imbalances and the RMB Exchange Rate (I) Week 15: Global Imbalances and the RMB Exchange Rate (II) 先修课程和能力要求/PREREQUISITES: Intermediate Micro- and Macro-economics, Economics of Money and Banking, International Trade Theory. You should be quite familiar with closed-economy macroeconomics before taking this course. 36 31. 课程中文名称:国际市场营销 任课教师:吴侨玲 TITLE: International Marketing INSTRUCTOR: WU Qiaoling, Associate Professor, Dept. of International Economics and Trade 课程简介/COURSE DESCRIPTION: This course aims to provide you with a comprehensive training in International Marketing. The lectures cover the main parts of International Marketing, such as the nature of international marketing, the international environment,, market segmentation, market entry strategies, product strategies, pricing strategies, promotion strategies, structure of international physical distribution, some important markets and organization of international marketing activities. The course is focused primarily on the international marketing decisions and management processes. This course helps students to acquire their knowledge about international marketing. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Bases of International Marketing Week 3: The International Environment Week 4: Information for International Marketing Week 5: Market Selection: definition and strategies Week 6: Market Entry Strategies Week 7: Product Decisions Week 8: Pricing Decisions Week 9: Promotion and Marketing Communication Week 10: Distribution Decisions Week 11: European Market Week 12: Chinese Market Week 13: Organization of International Marketing Activities Week 14: Student Group Presentation Week 15: Student Group Presentation 先修课程和能力要求/PREREQUISITES: Introductory Micro- and Macro-Economics. It is expected that you are already familiar with the basic micro- and macro- economic theory before taking this course. 37 Department of Finance 32. 课程中文名称:公司金融 任课教师:崔巍 TITLE: Corporate Finance INSTRU CTOR: CUI Wei, Associate Professor, Department of Finance 课程简介/COURSE DESCRIPTION: This is a first class in Corporate Finance. This class involves the answers to three questions. First is the capital budgeting decision, which is about what long term investments should the firm take on. Second is the financing decision, which is about how can cash be raised for the required investment. Lastly, it examines short term finance and concerns net working capital and discusses the way the firm manage its day-to-day cash and financial affairs. At the end of this course, students should be able to think analytically about portfolio selection, corporate decision making and asset pricing. These skills can also be used as personal financial decisions. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Interest Rate Mathematics Week 3: NPV I Week 4: NPV II Week 5: Alternative investment criteria Week 6: Applications Week 7: Risk and Return I Week 8: Risk and Return II Week 9: EMH Week 10: Capital structure I Week 11: Capital structure II Week 12: Behavioral corporate finance I Week 13: Behavioral corporate finance II Week 14: Review Week 15: Discussion 先修课程和能力要求/PREREQUISITES: None 38 33. 课程中文名称:行为金融学导论 任课教师:崔巍 TITLE: Principles of Behavioral Finance INSTRU CTOR: CUI Wei, Associate Professor, Department of Finance 课程简介/COURSE DESCRIPTION: At the most general level, behavioral finance is the study of human fallibility in competitive markets; it is the application of psychology to financial behavior. Empirically, behavioral finance both explains the evidence that appears anomalous from the efficient markets perspective, and generates new predictions that have been confirmed in the data. In this course we will cover both the psychological insights and their applications to finance. We will improve our understanding of financial markets and the relation between human behavior and asset prices, as well as our own decision--making processes. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Challenges of Traditional Finance Week 3: Psychological Foundations I Week 4: Psychological Foundations II Week 5: Prospect Theory Week 6: The theory of arbitrage Week 7: The aggregate stock market Week 8: The cross sectional of stock returns Week 9: The puzzle of close end fund Week 10: Behavioral Portfolio Theory Week 11: Social Forces Week 12: Herd behavior Week 13: Investor Behavior I Week 14: Investor Behavior II Week 15: Discussion 先修课程和能力要求/PREREQUISITES: None 39 34. 课程中文名称:国际宏观经济学 任课教师:黄玲 TITLE: International Macroeconomics INSTRUCTOR: HUANG Ling, Assistant Professor, Department of Finance 课程简介/COURSE DESCRIPTION: This course is an advanced course for graduate students. It will cover models of current account, foreign exchange market puzzles, exchange rate determination, monetary policy and credibility, models of currency and financial crises, and recent development in open economy macroeconomics. We will cover theory, empirical evidence and policy issues. The reference textbook is: Obstfeld, M. and K. Rogoff, Foundations of International Macroeconomics, MIT Press, 1996 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: INTRODUCTION Week 2: THE BASIC INTERTEMPORAL APPROACH TO BALANCE-OF-PAYMENTS ANALYSIS Week 3: IACA: 2-period small open economy Week 4: IACA: Dynamic CA models: deterministic and stochastic Week 5: The Feldstein-Horioka puzzle measuring the degree of integration of financial markets Week 6: Global Capital Market Integration: Developing Countries Week 7: The Purchasing Power Parity Puzzle and Deviations from the Law of One Price Week 8: Purchasing Power Parity and Non-traded Goods Week 9: The Dornbusch Overshooting model Week 10: The Flexible-price exchange rate model Week 11: The puzzles in international economics Week 12: Credibility in monetary policy Week 13: Currency Crises models: first generation Week 14: Currency Crises models: second generation Week 15:Global imbalance and the great financial crises 先修课程和能力要求/PREREQUISITES: Intermediate macroeconomics, econometrics 40 35. 课程中文名称:国际金融 任课教师:黄玲 TITLE: International Finance INSTRUCTOR: HUANG Ling, Assistant Professor, Department of Finance 课程简介/COURSE DESCRIPTION: This course aims to provide undergraduate students with the fundamental knowledge and intuitive perspectives in the area of international finance. Our reference textbook is Krugman and Obstfeld' "International Economics: Theory and Policy". Beyond the textbook we add many advanced but timely topics and supplement readings from the Economist and the NBER working papers to this one-semester course taught to the brilliant PKU students. The course covers a wide range of topics in international finance, including the fundamentals of balance of payments, the models of exchange rate determination, the DD-AA model and the Mundell-Fleming model, the Balassa-Samuelson model and the Renminbi appreciation, Krugman's currency crisis model, the international monetary system history, the choice of exchange rates regimes, euro and optimal currency area theory, etc. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Balance of Payments : fundamentals Week 3: Balance of Payments: The Alternative Perspectives on Current Account Week 4: Balance of Payments and Money Supply; global imbalance Week 5: The Determination of Exchange Rates, Marshall-Lerner Condition and J-curve Week 6: The Purchasing Power Parity: theory and empirics Week 7: The Balassa-Samuelson Model, UIP and CIP Week 8: The Balassa-Samuelson effect and RMB appreciation Week 9: The Dornbusch Overshooting Model Week 10: Monetary Approach to Exchange Rates Week 11: The DD-AA Model Week 12: The Fixed Exchange Rates Regime Week 13: The Mundell-Fleming Model Week 14: The Krugman Currency Crisis Model Week 15: The International Monetary System; Euro and the Optimal Currency Area Theory 先修课程和能力要求/PREREQUISITES: Introductory Micro- and Macro Economics. 41 36. 课程中文名称:国际金融实证研究 任课教师:黄玲 TITLE: Empirical Research in International Finance INSTRUCTOR: HUANG Ling, Assistant Professor, Department of Finance 课程简介/COURSE DESCRIPTION: This course aims to teach the undergraduates the basic and most useful empirical research skills and techniques used in the international finance area. The students are required to do careful readings of selective classical and latest empirical NBER working papers in this area, and to learn about the research routines such as the data processing, statistical analysis and econometric models. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction: basic STATA, Data Management Week 2: Intertemporal Approach to Current Account Week 3: CA and the Feldstein- Horioka Puzzle Week 4: Measuring the Degree of International Financial Integration Week 5: International Financial Integration and Growth Week 6: Currency Crisis Week 7: Global Imbalance and Global Financial Crisis Week 8: Credit Boom and Financial Crisis (1) Week 9: Credit Boom and Financial Crisis (2) Week 10: PPP (1) Week 11: PPP (2) Week 12: The Balassa-Samuelson Model and the Renminbi Revaluation Week 13: Exchange Rate Regimes (1) Week 14: Exchange Rate Regimes (2) Week 15: Monetary Credibility and Self-fulfilling Currency Crisis 先修课程和能力要求/PREREQUISITES: Introductory Micro- and Macro Economics, International Finance, Basic Econometrics. 42 37. 课程中文名称:国际金融专题 任课教师:黄玲 TITLE: Topics in International Finance INSTRUCTOR: HUANG Ling, Assistant Professor, Department of Finance 课程简介/COURSE DESCRIPTION: This course will teach the graduates the classical as well as latest research topics in the international finance area, with a focus to teach the students the basic and most useful empirical research skills and techniques used in the international finance area. The students are required to do careful readings of selective classical and latest empirical NBER working papers to learn about the ongoing research frontiers in this area. The students shall also replicate and extend some of the empirical work in selected papers to grasp the research routines such as the data processing, statistical analysis and econometric models. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Stata Basics Week 3: Data sources; how to go from source data to Stata Dataset Week 4: IACA and Current Account Sustainability: theories Week 5: IACA and Current Account Sustainability: empirical papers Week 6: International Financial Integration: measurements Week 7: International Financial Integration and growth Week 8: Empirical papers on the Purchasing Power Parity Puzzle Week 9: The Balassa-Samuelson Model and the Renminbi Revaluation Week 10: Global Imbalance and Global Financial Crisis Week 11: Credit Boom and Financial Crisis (1) Week 12: Credit Boom and Financial Crisis (2) Week 13: Monetary Credibility and Self-fulfilling Currency Crisis Week 14: Currency Crises; Contagion Week 15: Discussion session 先修课程和能力要求/PREREQUISITES: Intermediate international finance, intermediate macro and micro, intermediate econometrics 43 38. 课程中文名称:中国经济体制改革 任课教师:李连发 TITLE: China Economic System Reform INSTRUCTOR: LI Lianfa, Associate Professor, Department of Finance 课程简介/COURSE DESCRIPTION: Since the emergence of the “New China” in 1949, the country’s economic system has undergone an unprecedented transformation from its original central-planning organization to its current socialist market economy, its growth has become a major topic of discussion among ordinary people in their daily conversations. This course is designed to give students an overview of the various factors that have contributed to the evolution of the Chinese economic system after 1978, beginning with the personal role that Deng Xiaoping played in the early stages of China’s economic development. This course will examine the remarkable history of China’s economic reform over the last three decades, and will anticipate the kinds of daunting challenges that the country may have to face in the twenty-first century. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: A survey of enterprise reforms in China Week 3: China's Economic Growth 1978-2025 Week 4: The external and domestic side of macroeconomic adjustment in China Week 5: What capital is missing in developing countries Week 6: Why do firms in developing countries have low productivity Week 7: Risk and global economic architecture Week 8: The role of China in global external imbalances Week 9: The China miracle Week 10: Understanding High Saving Rate in China Week 11: Capital flows and monetary policy in China Week 12: Will the renminbi become a world currency Week 13: The political obstacles to greater exchange rate flexibility in China Week 14: Causes and remedies of China's external imbalances Week 15: Exchange rate and monetary policy in China 先修课程和能力要求/PREREQUISITES: Introductory Micro- and Macro-Economics. It is expected that you are already familiar with the basic micro- and macro- economic theory before taking this course. 44 39. 课程中文名称:公司治理 任课教师:李连发 TITLE: Corporate Governance INSTRUCTOR: LI Lianfa, Associate Professor, Department of Finance 课程简介/COURSE DESCRIPTION: This course is designed to give students an overview of the theory underlying the governing the structure and operation of business operation in China and other industrial countries. Subject matter includes the structure of ownership and its role in governance and capital formation; the role of board as fiduciary and performance monitor; the securities markets; the market for corporate control; controlling shareholders and corporate development. The course will involve readings, class lectures, class discussion, and projects. There will be group and individual projects. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Crises Prevention: How to Gear Up the Board Week 3: The Promise of the Governed Corporation Week 4: Governing the Family-owned Enterprises Week 5: Appraising Boardroom Performance Week 6: Changing Leaders Week 7: Beyond Takeovers Politics Comes to Corporate Control Week 8: Redraw the Line Between the Board and the CEO Week 9: The Case for Professional Boards Week 10: How Well-run Boards Make Decisions Week 11: Information Technology and the Board Week 12: The President and the Board of Directors Week 13: The Emerging Solution to Corporate Governance Week 14: Efficient Markets Deficient Governance Week 15: Final Exam 先修课程和能力要求/PREREQUISITES: Junior or Senior Students, Economics Major Preferred 45 40. 课程中文名称: 金融经济学导论 任课教师:宋芳秀 TITLE: Introduction to Financial Economics INSTRUCTOR: SONG Fangxiu, Associate Professor, Department of Finance 课程简介/COURSE DESCRIPTION: The aim of the course is to introduce students to a variety topics related to finance theory. Finance theory can be separated into two main areas: asset pricing and corporate finance. Asset pricing studies the individual asset valuation and investment problem. Corporate finance studies capital financing and investment from the perspective of corporations. The course will cover both topics and mainly focus on asset pricing. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction and Choice under Uncertainty Week 2: Risk Attitude and Measure of Risk Aversion Week 3: Mean-variance Analysis and Efficiency Frontier Week 4: Modern Portfolio Theory Week 5: Student Group Presentation Week 6: Efficiency Market Theory and Market Efficiency Week 7: Capital Assets Pricing Model(CAPM) Week 8: Midterm Week 9: Miller – Modigliani(MM) Theorem Week 10: No-arbitrage Analysis and Linear Pricing Rule Week 11: Arbitrage Pricing Model(APT) Week 12: Introduction to Derivative Securities Week 13: Binomial Option Pricing Model Week 14: Black-Scholes Valuation and The Pricing of Corporate Liability Week 15: Final 先修课程和能力要求/PREREQUISITES: Introductory Micro- and Macro-economics; Calculus and Probability Analysis 46 41. 课程中文名称:能源金融学 任课教师:谢世清 Title: Energy Finance INSTRUCTOR: XIE Shiqing, Associate Professor, Department of Finance 课程简介/COURSE DESCRIPTION: Energy and Finance are two core sectors of modern society that are getting increasingly related. Energy Finance is a new type of finance that integrates energy and finance. Although China is a big energy-consuming country, it does not have the pricing power of international energy products. Moreover, energy corporations are facing various risks because of the energy price fluctuation. Therefore, how to develop China’s energy finance market and how to manage energy price risks become very important economic and financial issues. This course mainly focuses on energy derivatives markets and risk management. It emphasizes teaching and discussion about the operation mechanism of energy finance markets, major energy derivatives and risk management techniques, risk management of energy corporations, and financial issues in energy field. It aims at guiding graduate students to further study the theory and frontier topics of energy finance on the basis of basic understanding of finance theory. Moreover, it emphasizes the development of students’ ability of reading relevant references and ability of conducting academic researches. This course is suitable for those graduate students in Department of Finance and Department of Development Economics who are interested in energy finance issues. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Markets of energy finance derivatives Week 3: Energy futures markets Week 4: Energy options markets Week 5: Energy exchange markets Week 6: Grading and financing of energy corporations Week 7: The application of VaR in energy field Week 8: Risk management of energy corporations Week 9: Cases of the comprehensive application of energy finance products Week 10: Carbon Finance 先修课程和能力要求/PREREQUISITES: No requirement 47 42. 课程中文名称:信用风险度量与管理 任课教师:谢世清 TITLE: Credit Risk Measurement and Management INSTRUCTOR: XIE Shiqing, Associate Professor, Department of Finance 课程简介/COURSE DESCRIPTION: Credit risk refers to the possibility of loss in a financial transaction that a bond issuer or a borrower may default, or that the credit quality may change. It is one of the oldest and the most important forms of risk. People are more awake to the importance of credit risk because of the subprime crisis of US and the debt crisis in Europe. Through this course, Students will understand the principle and mode of credit risk measurement, and the management method of credit risk. The content of this course is the major content of FRM (Financial Risk Manager) certification awarded by the GARP (Global Association of Risk Professionals). We adopt Scheweser’s (a famous exam training institute) fourth book for the preparation of FRM. It helps students who are interested in finance risk management pass the FRM. Moreover, Matlab is generally used in finance engineering to process data and calculation. At present, over 2000 finance institutes in the world including Morgan Stanley are using Matlab to manage company property. Matlab is one of the major software to be mastered by people in finance engineering. Through this course, students will know how to use Matlab to process the programming practice of credit risk management in finance engineering. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Matlab Basics Week 3: Matlab Matrix Operation Week 4: Matlab M file and Program Design Week 5: Matlab Data Visualization and Database Connection Week 6: Credit Risk Week 7: Extending the VAR Approach to Non-Tradeable Loans Week 8: Default Risk: Quantitative Methodologies Week 9: Introduction to Portfolio Approaches Week 10: Economic Capital and Capital Allocation Week 11: Applications of Portfolio Approaches Week 12: Measuring and Marking Counterparty Risk Week 13: Credit Derivatives and Credit-Linked Notes Week 14: Cash Collateralized Debt Obligations Week 15: Synthetic Collateralized Debt Obligations 先修课程和能力要求/PREREQUISITES: NO PREREQUISITES 48 Department of Risk Management and Insurance 43. 课程中文名称: 企业风险管理 任课教师:陈凯 TITLE: Enterprise Risk Management INSTRUCTOR: CHEN Kai, Assistant Professor, Department of Risk Management and Insurance 课程简介/COURSE DESCRIPTION: Enterprise risk management is a complex yet critical issue that all companies must deal with as they head into the twenty-first century. It empowers you to balance risks with rewards as well as people with processes. But to master the numerous aspects of enterprise risk management, you must first realize that this approach is not only driven by sound theory but also by sound practice. This course is based on the framework of Enterprise Risk Management. It also introduces the models and applications of Enterprise Risk Management. The scheme of the course is followed by introduction, reform, model, application and future of Enterprise Risk Management. It requires students not only to understand the concepts and framework of Enterprise Risk Management, but also to master the risk management model and applications in the real world. Students are required to finish a group project and present the report at the end of the course. 课程安排/TENTATIVE CLASS SCHEDULE: a) Introduction to Enterprise Risk Management (6 hours) i. Basic concepts of Enterprise Risk Management ii. Enterprise Risk Management processes and models b) Enterprise Risk Management Framework (10 hours) i. The fundamentals of Enterprise Risk Management ii. Basic methods of Enterprise Risk Management iii. Risk transfer and risk control iv. Data and technology c) Enterprise Risk Management Applications (12 hours) i. Credit risk management ii. Market risk management iii. Operational risk management iv. Financial institution risk management v. Non-Financial institution risk management d) The Future of Enterprise Risk Management (2 hour) i. Development of Enterprise Risk Management e) Presentation (2 hour) 先修课程和能力要求/PREREQUISITES: Risk Management, Finance, Calculus, Probability 49 44. 课程中文名称: 保险精算学 任课教师:陈凯 TITLE: Principle of Actuarial Science INSTRUCTOR: CHEN Kai, Assistant Professor, Department of Risk Management and Insurance 课程简介/COURSE DESCRIPTION: This course aims to provide you with a comprehensive training in actuarial science. The lectures cover particularly concepts in life insurance aspect. The lectures include the fundamental techniques about life insurance rate making, expense estimation, reserves, etc. The lectures will also discuss about the life table and different survival models. In completing this course, you are expected to know how to use life table and mathematical models to design life insurance products, including expense estimation, rate making and reserve calculation. Multimedia resources will also be used in the class to enhance the learning experience. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Interest theory review Week 2: Introduction to life table Week 3: Survival models and multi-survival models Week 4: Life products Week 5: Actuarial present value (discrete case) I Week 6: Actuarial present value (discrete case) II Week 7: Actuarial present value (continuous case) Week 8: Expense Structure Week 9: Net Premium and Gross Premium Week 10: Policy cash balance and dividends Week 11: Net reserve (discrete case) I Week 12: Net reserve (discrete case) II Week 13: Net reserve (discrete case) III Week 14: Net reserve (continuous case) Week 15: Life insurance practices 先修课程和能力要求/PREREQUISITES: Calculus, Probability, Principle of Insurance 50 45. 课程中文名称: 风险管理 任课教师:陈凯 TITLE:Risk Management INSTRUCTOR: CHEN Kai, Assistant Professor, Department of Risk Management and Insurance 课程简介/COURSE DESCRIPTION: The objective of this course is to engage students in active discovery of risk management principles. The lectures focus on the way in which businesses and society assess, control, and transfer risk. The course readings, homework and quizzes bring a balance of theoretical concepts with practical application. Students are expected to learn a risk management process that can be applied to a variety of risks and actively contribute to collective learning of the class. Multimedia resources will also be used in the class to enhance the learning experience. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1:Introduction to Risk Management(1) Week 2: Introduction to Risk Management(2) Week 3: Organizing for Risk Management Week 4: Risk Assessment, Analysis and Evaluation(1) Week 5: Risk Assessment, Analysis and Evaluation(2) Week 6: Risk Assessment, Analysis and Evaluation(3) Week 7: Risk Reduction Week 8: Elimination and Retention of Risk Week 9: Risk Transfer(1) Week 10: Risk Transfer(2) Week 11: Residual Risk Financing(1) Week 12: Residual Risk Financing(2) Week 13: Financial Risk Management (1) Week 14: Financial Risk Management (2) Week 15:Enterprise Risk Management 先修课程和能力要求/PREREQUISITES: Probability, Corporate Finance 51 46. 课程中文名称:利息理论 任课教师:陈凯 TITLE:Theory of Interest INSTRUCTOR: CHEN Kai, Assistant Professor, Department of Risk Management and Insurance 课程简介/COURSE DESCRIPTION: This course aims to provide you with fundamental techniques for Investment, financial mathematics, corporate finance and actuarial science. The lectures cover problems related to interests, such as annuities, yield rate, bonds, and loans. In completing this course, you are expected to know how to calculate annuities and bonds based on deterministic interest rate. You are also expected to understand the concepts of arbitrage and derivatives and know how to construct investment portfolio with derivatives to create arbitrage opportunities. Multimedia resources will also be used in the class to enhance the learning experience. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Time value of Money Week 2: Deterministic IR Week 3: Cash Flow Week 4: Annuity01:Anuuity certain Week 5: Annuity02:Varying Annuity Week 6: Annuity03:Deferred Annuity Week 7: Loan Schedule Week 8: Measures of Investment Performance Week 9: Bonds Week 10: Reddington Theory Week 11: Arbitrage Week 12: Derivatives Week 13: Term structure of IR Week 14: Stochastic IR 01 Week 15: Stochastic IR 02 先修课程和能力要求/PREREQUISITES: Calculus, Probability 52 47. 课程中文名称:量化风险管理 任课教师:陈凯 TITLE: Quantitative Risk Management INSTRUCTOR: CHEN Kai, Assistant Professor, Department of Risk Management and Insurance 课程简介/COURSE DESCRIPTION: The course is based in the book Quantitative Risk Management: Concepts, Techniques, and Tools by Alexander J. McNeil, Rüdiger Frey and Paul Embrechts, published by Princeton University Press 2005. The lectures will cover a combination of statistical modeling theory, statistical methods, and practical examples using statistical software. Multimedia resources will also be used in the class to enhance the learning experience. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1:Risk in Perspective: Financial Risk Week 2: Risk in Perspective: The Regulatory Process Week 3: Risk in Perspective: QRM: The Nature of the Challenge Week 4: Basic Concepts: Risk, Losses and Risk Factors Week 5: Basic Concepts: Risk measures Week 6: Basic Concepts: Standard Methods for Market Risks Week 7: Multivariate Models: Basics of Multivariate Models Week 8: Multivariate Models: Multivariate Normal Distribution Week 9: Multivariate Models: Normal Mixture Distributions Week 10: Multivariate Models: Generalized Hyperbolic Distributions Week 11: Multivariate Models: Dimension Reduction and Factor Models Week 12: Financial Time Series: Fundamental of Financial Time Series Week 13: Financial Time Series: GARCH Models Week 14: Financial Time Series: Fundamental of Multivariate Time Series Week 15: Financial Time Series: Multivariate GARCH Processes 先修课程和能力要求/PREREQUISITES: Probability, Risk Management 53 48. 课程中文名称:风险管理与保险学 任课教师:孙祁祥 TITLE: Risk Management and Insurance INSTRUCTOR: SUN Qixiang, Professor, Department of Risk Management and Insurance 课程简介/COURSE DESCRIPTION: The management of risk, both through insurance and risk management practices is of growing importance not only to the insurance industry but to both large and small companies, government agencies, families and individuals. Good risk management practices can lead to win-win situations, in which insureds can reduce their premiums and general liability costs, while at the same time insurance companies can reduce the number of claims they must handle, freeing up resources that are better dedicated to product (policy) development. In this course we will discuss the interplay between risk management techniques and insurance product development from the prospective of both providers and clients, both in theory and in practice, both in China and overseas. The ultimate aim of the course is to have students gain knowledge of the basics of risk management and insurance and understand how insurance works in practical terms. A secondary aim of the course is to gain an understanding of the global insurance industry and in global business practices in general. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Risk Management Week 3: Fundamentals Week 4: Contract Week 5: Property and Liability Week 6: Home and Auto Week 7: Presentation Week 8: Business insurance Week 9: Life Week 10: Life and Health Week 11: Employee Benefits Week 12: Employee Benefits Week 13: Financial Planning Week 14: Market and Regulation Week 15: Presentation 先修课程和能力要求/PREREQUISITES: A healthy and heavily interaction in the class is expected. This requires that you be responsible enough to pay attention and read ahead. Group performance and individual contribution are both considered in grading. 54 49. 课程中文名称:风险管理与保险学原理 任课教师:锁凌燕 TITLE: Principles of Risk Management and Insurance INSTRUCTOR: SUO Lingyan, Assistant Professor, Department of Risk Management and Insurance 课程简介/COURSE DESCRIPTION: The course introduces the fundamentals of risk management and insurance. It examines risk management issues faced by firms and individuals and discusses ways to protect firm value and personal wealth. The course covers the areas of general risk management process, property and liability insurance, life and health insurance, and annuities. The insurance industry and regulatory concerns are also addressed. The primary objective of this course is to provide students with the insights of risk and its treatment, the principles of decision-making under uncertainty, theoretical aspects relating to risk management & insurance, and the methods of managing and protecting against risks to firms and individuals. In completing this course, students are also expected to talk and write comfortably in English on insurance subjects. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Risk and Risk Attitude Week 3: Risk Management Process: Risk Identification Week 4: Risk Management Process: Risk Evaluation Week 5: Risk Management Process: Risk Management Alternatives Week 6: Risk Management Techniques: Noninsurance Week 7: Risk Management Techniques: Insurance – Principles Week 8: Risk Management Techniques: Insurance – Policy Week 9: Personal Insurance Planning – Life and Health Insurance (I) Week 10: Personal Insurance Planning – Life and Health Insurance (II) Week 11: Personal Insurance Planning – Auto and Home Week 12: Commercial Insurance Planning Week 13: Insurance Industry and Regulation Week 14: Student Paper Presentation Week 15: Student Paper Presentation 先修课程和能力要求/PREREQUISITES: 55 50. 课程中文名称:卫生经济学与卫生政策研究导论 任课教师:锁凌燕 TITLE: Introduction to Health Economics and Health Policy INSTRUCTOR: SUO Lingyan, Assistant Professor, Department of Risk Management and Insurance 课程简介/COURSE DESCRIPTION: This course studies how to apply microeconomic tools to analyze health and medical care issues. We start with the special features of healthcare as a commodity, the demand for health and medical care services, the economic explanations for the behavior of medical care providers (i.e., physicians and hospitals) and the functioning of insurance markets. Then our discussions will touch on technology innovation and diffusion in health care, health financing system and the role of and economic justification for government involvement in the medical care system. Finally, we will use the tools we have learned to discuss most critical issues and challenges facing the China health care system. Students will approach this course from two perspectives: (i) the perspective of practitioners, that is policy analysts and managers who need to understand and apply these basic concepts, tools, and techniques to understand public health policy analyses and research, and (ii) the perspective of applied academic researchers, that is, students who want to evaluate theoretical arguments and the empirical evidence regarding alternative policies and courses of action. By the end of this course, students should be able to conduct basic analysis of health care related industries and have a global perspective and a broad understanding of institutional changes going on currently in the healthcare system and be able to analyze the economic aspects of medical care policy issues and reform proposals. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Health and the Value of Health Week 3: Demand for Health Services (I) Week 4: Demand for Health Services (II) Week 5: Supply of Health Services (I) Week 6: Supply of Health Services (II) Week 7: Demand and Supply of Health Services Week 8: Health Financing Mechanisms Week 9: Health Reimbursement Arrangement Week 10: Typical Health Financing Systems in the World Week 11: Health Care Reform Worldwide Week 12: Topics in China Health System Reform (I) Week 13: Topics in China Health System Reform (II) Week 14: Student Paper Presentation Week 15: Student Paper Presentation 先修课程和能力要求/PREREQUISITES: Introductory Microeconomics. It is expected that you are already familiar with the basic microeconomic theory before taking this course. 56 51. 课程中文名称:中国保险市场 任课教师:郑伟 TITLE: China's Insurance Market INSTRUCTOR:ZHENG Wei, Associate Professor, Department of Risk Management and Insurance 课程简介/COURSE DESCRIPTION: This course aims to provide you with a general picture of China's insurance market, which has grown in the past 30 years from nothing to the 7th largest market in the world nowadays. The lectures cover a wide range of topics in insurance, such as the overview of China's insurance market, property insurance market, life insurance market, insurance intermediary market, insurance fund investment, insurance regulation, future of China's insurance market, etc. In completing this course, you are expected to have a general idea of what China's insurance market looks like, how it works and where it is going. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Overview of China’s Insurance Market: I Week 2: Overview of China’s Insurance Market: II Week 3: Property Insurance Market: I Week 4: Property Insurance Market: II Week 5: Property Insurance Market: III Week 6: Life Insurance Market: I Week 7: Life Insurance Market: II Week 8: Life Insurance Market: III Week 9: Insurance Intermediary Market Week 10: Insurance Fund Investment Week 11: Insurance Regulation: I Week 12: Insurance Regulation: II Week 13: Student Group Presentation: I Week 14: Student Group Presentation: II Week 15: Future of China’s Insurance Market 先修课程和能力要求/PREREQUISITES: Principles of Economics. If you have learned Principles of Insurance, that would be better. 57 52. 课程中文名称:中国社会保障改革 任课教师:郑伟 TITLE: China's Social Security Reform INSTRUCTOR:ZHENG Wei, Associate Professor, Department of Risk Management and Insurance 课程简介/COURSE DESCRIPTION: This course aims to provide you with a general picture of China's social security reform, which has been a key issue in China. The lectures cover a wide range of topics in social security, such as the overview of China's social security, pension reform, health insurance reform, workers' compensation insurance, unemployment insurance, social security fund, future of China's social security, etc. In completing this course, you are expected to have a general idea of what China's social security system looks like, how it works and where it is going. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Overview of China’s Social Security: I Week 2: Overview of China’s Social Security: II Week 3: Pension Reform: I Week 4: Pension Reform: II Week 5: Pension Reform: III Week 6: Health Insurance Reform: I Week 7: Health Insurance Reform: II Week 8: Health Insurance Reform: III Week 9: Workers' Compensation Insurance Week 10: Unemployment Insurance Week 11: Social Security Fund: I Week 12: Social Security Fund: II Week 13: Student Group Presentation: I Week 14: Student Group Presentation: II Week 15: Future of China’s Social Security 先修课程和能力要求/PREREQUISITES: Principles of Economics. If you are familiar with Principles of Social Insurance, that would be better. 58 Department of Public Finance 53. 课程中文名称:法律与经济学 任课教师:陈景祺 TITLE: Law and Economics INSTRUCTOR: CHEN Jingqi (Marc K.Chan), Assistant Professor, Department of Public Finance 课程简介/COURSE DESCRIPTION: Laws are “obligations backed by state sanctions”; economics concerns “the use of scarce resources among competing uses”. How are the two related to each other? In this course, students will appreciate the intricate connection between the two apparently distinct fields. Students will learn and apply the basic tools of economic analysis to study law and the legal process. We focus on the following five topics: 1) Economics of property law; 2) Economics of contract law; 3) Economics of tort law; 4) Economics of the legal process; 5) Economics of crime and punishment. After taking this course, students will be able to critique law from an economist’s perspective, and to appreciate the importance of legal institutions to the functioning of markets. Students will have a deeper understanding of how laws can change people’s incentives and their consequences on the economic efficiency and equity of our society. Through these discussions, students will be able to form a critical view of how and where states should intervene the markets fail. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Basic tools of economic analysis Week 3: Legal institutions Week 4: Economic theory of property Week 5: Intellectual property Week 6: Topics in property law Week 7: Economic theory of contracts Week 8: Optimal contracts Week 9: Topics in contract law Week 10: Economic theory of torts Week 11: Tort liability rules Week 12: Topics in tort law Week 13: Economic theory of legal process Week 14: Economics of crime and punishment Week 15: Topics in criminal law 先修课程和能力要求/PREREQUISITES: Elements of Microeconomics 59 54. 课程中文名称:应用公共经济学 任课教师:陈景祺 TITLE: Applied Public Economics INSTRUCTOR: CHEN Jingqi (Marc K.Chan), Assistant Professor, Department of Public Finance 课程简介/COURSE DESCRIPTION: In this course, we will discuss advanced empirical models of public finance including budget analysis, externalities, provision of public goods, and government expenditures. Advanced tools taught include structural models and reduced form semi-parametric models. These models are applied to areas including education, health insurance, social security and unemployment insurance. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Basic tools of budget analysis Week 2: Econometrics of budget analysis Week 3: Externalities: problems and solutions Week 4: Public goods Week 5: Government expenditures Week 6: Unobserved effects models Week 7: System estimation Week 8: Political economy Week 9: Income tax Week 10: Various tax systems Week 11: Welfare Week 12: Education Week 13: Social insurance and security Week 14: Health insurance Week 15: Unemployment insurance 先修课程和能力要求/PREREQUISITES: Intermediate Microeconomics 60 55. 课程中文名称:公共经济学 任课教师:林双林 TITLE: Public Economics INSTRUCTOR: LIN Shuanglin, Professor, Department of Public Finance 课程简介/COURSE DESCRIPTION: This course provides the students with an understanding of modern public economic theory and its applications. It discusses market failures and appropriate corrections for these failures. It covers topics such as fundamental theorems of welfare economics, public goods, externalities, taxation, income redistribution, public debt, social security, and open-economy public finance. It introduces static as well as dynamic models for public economic analyses. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: General Equilibrium and Pareto Optimality Week 3: Externalities Week 4: Public Goods Week 5: Optimal Taxation Week 6: Tax Evasion Week 7: Income Redistribution Week 8: Public Finance in Dynamic Models Week 9: Capital Income Taxation Week 10: Labor Income Taxation Week 11: Social Security Week 12: Taxation, Government Spending, and Economic Growth Week 13: Government Debt and Deficits Week 14: Public Finance in Open Economy 先修课程和能力要求/PREREQUISITES: Micro- and Macro-Economics, Calculus 61 56. 课程中文名称:宏观经济学 任课教师:林双林 TITLE: Macroeconomics INSTRUCTOR: LIN Shuanglin, Professor, Department of Public Finance 课程简介/COURSE DESCRIPTION: This course is an introduction to macroeconomic concepts and analysis. The operation of economic activities is examined to provide an understanding of how the composition, size and distribution of national output. Discussions include business cycle, banking system, monetary and fiscal policy, international policy, fluctuations, and economic growth. The course objective is to introduce basic macroeconomic concepts intended for understanding the interaction of market influence with short-term or long-term national and international economic policies. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: The introduction of macroeconomics Week 2: The data of macroeconomics Week 3: National income Week 4: Money and inflation Week 5: The open economy Week 6: Unemployment Week 7: Economic fluctuations Week 8: IS-LM Model Week 9: AD-AS Model Week 10: Monetary policy and fiscal policy Week 10: Economic growth Week 11: Government debt 先修课程和能力要求/PREREQUISITES: Micro- and Macro-Economics, Calculus 62 57. 课程中文名称:微观经济学 任课教师:林双林 TITLE: Microeconomics INSTRUCTOR: LIN Shuanglin, Professor, Department of Public Finance 课程简介/COURSE DESCRIPTION: This course is designed to help the undergraduates to build an understanding of the economics of the market place. In particular we focus on microeconomic principles that demonstrate the roles and limitations of both competitive and imperfectly competitive markets in motivating socially efficient consumer, business, and public sector choices. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Preferences, Utility and Choices Week 3: Income and Substitution Effects Week 4: Demand Relationships among Goods Week 5: Production and Costs Week 6: Production and Costs Week 7: General Equilibrium and Welfare Week 8: Imperfect Competition Models Week 9: Game Theory Week 10: Labor Market Week 11: Externalities and Public Goods 先修课程和能力要求/PREREQUISITES: Micro- and Macro-Economics, Calculus 63 58. 课程中文名称:中国公共财政 任课教师:林双林 TITLE: China’s Public Finance INSTRUCTOR: LIN Shuanglin, Professor, Department of Public Finance 课程简介/COURSE DESCRIPTION: Public finance plays an important role in China’s economic development. This course discusses the essential issues in China’s public finance, such as tax reforms, government revenues, government expenditures, income redistribution, social security reforms, central-local fiscal relationship, government debt and fiscal policies, etc. Modern analytical tools are utilized to improve the students’ ability to analyze problems that China is facing currently. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to China’s Public Finance Week 2: Value-Added Tax, Business Tax, and Consumption Tax Week 3: Personal Income Tax Reforms Week 4: Corporate Income Taxation Week 5: Government Expenditures Week 6: Poverty, and Environmental Protection Week 7: Education and Healthcare Week 8: Social Security Reforms Week 9: Debt, Deficits, and Expansionary Fiscal Policies Week 10: Rent-seeking and Corruption Week 11: Regional Disparity and Central Government Transfers Week 12: Local Government Finance Week 13: Fiscal Decentralization and Economic Development 先修课程和能力要求/PREREQUISITES: Micro- and Macro-Economics, Calculus 64 Department of Development Economics 59. 课程中文名称:自然资源经济学 任课教师:曹和平 TITLE: Resource Economics INSTRUCTOR: CAO Heping, Professor, Department of Development Economics 课程简介/COURSE DESCRIPTION: Resource Economics is a course for students with a background in calculus and introductory microeconomics and a familiarity with the spreadsheet software Excel. The lectures cover basic concepts, such as values and social welfare designs; show how to set up spreadsheets to solve dynamic allocation problems, and presents economic models for renewable and nonrenewable resources, stock pollutants, option value, and sustainable development. Within the class, numerical examples are posed and solved using Excel’s Solver. These problems help make concepts operational, develop economic intuition, and serve as a bridge to the study of real-world problems of resource management. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction: value system and economic system Week 2: Resource allocation and basic models Week 3: The Ester-islands model Week 4: Excel's Solver and examples Week 5:Theory of market and externalities Week 6: Renewable resource model (1) Week 7: Student Group Presentation Week 8: Midterm Week 9: Renewable resource model (2) Week 10: Renewable resource model (3) Week 11: Non-renewable resource model Week 12: Pollutant model Week 13: Theory of Exchanges for resources Week 14: Sustainability and human future Week 15: Student Group Presentation 先修课程和能力要求/PREREQUISITES: Introductory Micro- and Macro-Economics. Probability theory, calculus, Excel spreadsheet. 65 60. 课程中文名称:生态经济学 任课教师:季曦 TITLE: Ecological Economics INSTRUCTOR: JI Xi, Assistant Professor, Department of Development Economics 课程简介/COURSE DESCRIPTION: Ecological Economics is a course concerned with extending and integrating the study of ecosystems and human economies. This course aims to provide students with systematical knowledge in ecological economics such as evaluation of macro-economies' scale, alternative principles for valuing ecological wealth, allocation of natural resources, etc. The history, the core concepts and theories, and the research paradigm of ecological economics would be covered. Students are expected to write essay on the main theories and methods, and give individual and group presentation. Student will master the corn accounting, valuation, analysis, and modeling methods for environmental decision making at the end of the course. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction to Ecological Economics Week 2: The Comparative Analysis: Ecological Economics and Environmental Economics Week 3: System Theory Week 4: Efficient scale of Macro-economies Week 5: Allocation of Ecological Resources Week 6: Valuation of Ecological Services Week 7: Material Flow Analysis Week 8: Ecological Footprint Week 9: Emergy Analysis Week 10: GDP and Integrate Accounting of Resources, Economy and the Environment Week 11: Modeling for All Scales Week 12: Renewable Resource Management and Conservation Week 13: Environmental Decision Making Week 14: Student Presentation Week 15:Student presentation 先修课程和能力要求/PREREQUISITES: Introductory Micro- and Macro-Economics; Natural Resources and Environmental economics 66 61. 课程中文名称:资源和环境管理 任课教师:季曦 TITLE: Resource and Environmental Management INSTRUCTOR: JI Xi, Assistant Professor, Department of Development Economics 课程简介/COURSE DESCRIPTION: This course aims to provide students with comprehensive training in natural resources and environmental management, which should cover the introduction of global and local environmental problems humans, some of the recent innovations and ideas in natural resources and environmental management, and the main challenges for effective governance, etc. The course consists of two parts. The first part is a series of lectures and discussions on key issues in natural resources and environmental management. Here plenary lectures and interactive discussions will be the principal working methods. Students will be provided with some key texts, while a list of suggested readings is added. The second part is assignments on key topics relative to international and domestic environmental management experience. During this part, students will work in small groups of two to three and systematically analyze one case, and give group presentation. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Global Environmental Focuses: Energy Safety and Climate Change Week 2: Global Environmental Focuses: Water Resources, Poverty, Trade and the Environment Week 3: Environmental Issues in China: the Transition of Chinese Economy, and the Evolution of the Environment in China Week 4: Environmental Issues in China: the Recent Focuses Week 5: Key Problems Facing China's Environmental Management: Water, Energy, GHG and Air Pollution, Forest, Biodiversity Week6: Key Problems Facing China's Environmental Management: Population, Food, and Poverty Week7: Key Problems Facing China's Environmental Management: Urbanization and the Environment Week 8: Complexity and Uncertainties in Environmental Issues Week 9: Environmental Standard and Environmental Management System Week 10: Technologies in Environmental Management Week 11: Environmental Protection Policies in China Week 12: Environmental Law in China Week 13: Group presentation: case study 1 Week 14: Group presentation: case study 2 Week 15: Group presentation: case study 3 先修课程和能力要求/PREREQUISITES: 67 62. 课程中文名称:发展经济学专题 任课教师:刘民权 TITLE: Topics in Development Economics INSTRUCTOR: LIU Minquan, Professor, Department of Development Economics 课程简介/COURSE DESCRIPTION: This course aims at applying economics theory and analysis method to realistic problems faced by individuals, enterprises and the country. The topics it covers are related to our roles in life which are students, consumers, suppliers, company managers, or those citizens who are concerned about the future economic development of China (or policy makers, if you have this ambition). This course wants to show you that the economics theory is not abstract and lack of application meaning, and economists study these theories are not because that they do not have better things to do. In fact, if you know how to apply these theories, their applications are very direct and effective. The aim of this course is to teach students how to use these theories. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Education reform, Student Loan and Human Capital Week 2: Education reform, Student Loan and Human Capital Week 3: Education reform, Student Loan and Human Capital Week 4: Credit Market and Rural Finance Week 5: Credit Market and Rural Finance Week 6: Credit Market and Rural Finance Week 7: Land Finance and China’s Real-estate Market Week 8: Land Finance and China’s Real-estate Market Week 9: Land Finance and China’s Real-estate Market Week10: Risk Avoidance Theory, High Salary for Clean Government, and Protection Price of Agricultural Production Week11: Risk Avoidance Theory, High Salary for Clean Government, and Protection Price of Agricultural Production Week12: Risk Avoidance Theory, High Salary for Clean Government, and Protection Price of Agricultural Production Week13: Agriculture Development, Rural-population Transition and urbanization Week14: Agriculture Development, Rural-population Transition and urbanization Week15: Agriculture Development, Rural-population Transition and urbanization 先修课程和能力要求/PREREQUISITES: Only students of the Department of Development Economics are entitled to choose this course. 68 63. 课程中文名称:动态优化 任课教师:张博 TITLE: Dynamic Optimization INSTRUCTOR: ZHANG Bo, Professor, Department of Development Economics 课程简介/COURSE DESCRIPTION: This is a course for the graduate students in major of economics, especially macroeconomics, environmental and resource economics, finance and insurance. The course consists of three parts: calculus of variation, optimal control and discrete time dynamic programming. Typical topics include Euler equation, MRAP, Pontryagin maximum principle, Mangasarian condition, transversality conditions, phase diagram analysis, Bellman equation, Markovian decision processes, etc. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Calculus of Variation (I). Euler Equation. Week 2: Calculus of Variation (II). Transversality Conditions Week 3: Calculus of Variation (III). Second Order Conditions. Week 4: Calculus of Variation (IV). MRAP. Week 5: Optimal Control (I). Pontryagin Maximum Principle. Week 6: Optimal Control (II). Transversality Conditions. Week 7: Optimal Control (III). Mangasarian Sufficiency Conditions. Week 8: Optimal Control (IV). Infinite-Horizon Case. Week 9: Optimal Control (V). Phase Diagram Analysis. Week 10: Dynamic Programming (I). Finite-Horizon. Principle of Optimality. Week 11: Dynamic Programming (II). Finite-Horizon. Markovian Strategy. Week 12: Dynamic Programming (III). Finite-Horizon. Existence of Optimal Strategy. Week 13: Dynamic Programming (IV). Infinite-Horizon. Bellman Equation. Week 14: Dynamic Programming (V). Infinite-Horizon. Existence of Optimal Strategy. Week 15: Dynamic Programming (VI). Infinite-Horizon. Markov Decision Processes. 先修课程和能力要求/PREREQUISITES: Advanced Mathematics, Linear Algebra, Ordinary Differential Equations, Probability and Statistics. 69 64. 课程中文名称:非寿险精算学 任课教师:张博 TITLE: Non-life Actuarial Sciences INSTRUCTOR: ZHANG Bo, Professor, Department of Development Economics 课程简介/COURSE DESCRIPTION: This is a course for the graduate students in major of insurance or actuarial sciences. The topics covered are aggregate loss model, risk processes and ruin probability, risk measure, risk order and risk exchange, optimal reinsurance, credibility theory, reserves and Bonus-Malus System, which parallels to the related contents in the SoA/CAS Examinations for actuaries. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Loss Model (I). Aggregate Loss Model Week 2: Los Model (II). Estimates of Claim Frequency. Week 3: Los Model (II). Estimates of Claim Severity. Week 4: Ruin Theory (I). Risk Processes and Ruin Probability. Week 5: Ruin Theory (II). Adjustment Coefficient. Week 6: Ruin Theory (III). Maximal Aggregate Loss. Week 7: Ruin Theory (IV). Optimal Reinsurance. Week 8: Risk Measure. Week 9: Risk Order. Week 10: Risk Exchange. Week 11: Credibility Theory (I). Limited Fluctuation Approach. Week 12: Credibility Theory (II). Buhlmann’s Approach. Week 13: Credibility Theory (III). Bayesian Approach. Week 14: Reserves (I). Basic Model. Week 15: Reserves (II). Chain Ladder. Week 16: Reserves (III). Separable Method. Week 17: Reserves (VI). Modified IBNR. Week 18: Bonus-Malus System. 先修课程和能力要求/PREREQUISITES: Advanced Mathematics, Linear Algebra, Probability and Statistics, Insurance. 70 65. 课程中文名称:经济增长 任课教师:张鹏飞 TITLE: Economic Growth INSTRUCTOR: ZHANG Pengfei, Associate Professor, Department of Development Economics 课程简介/COURSE DESCRIPTION: This course provides a description of growth economics in order to arrive at summary conclusions about what we know, what we do not know, and what it is that we need to learn in order to discover the means by which poor peoples in the developing countries could become rich like those in the developed countries in Europe and North America. Textbook: Barro Robert J. and Xavier Sala-i-Martin. Economic Growth, 2nd ed. Cambridge, Mass.: MIT Press, c2004. References: Helpman, Elhanan. The Mystery of Economic Growth, Cambridge, Mass.: MIT Press, c2004. Easterly William. The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics, Cambridge, Mass.: MIT Press, c2001. 课程安排/TENTATIVE CLASS SCHEDULE: Week 1: Introduction Week 2: Solow-Swan Model Week 3: Introduction to Optimal Control Theory Week 4: Ramsey-Cass-Koopmans Model Week 5: Capital Accumulation and Economic Growth Week 6: AK Model Week 7: Human Capital and Externality Week 8: Education and Economic Growth Week 9: Student Group Presentation Week 10: Cross-Country Productivity Differences Week 11: Horizontal Innovation Week 12: Vertical Innovation Week 13: Technology Adoption and Economic Growth Week 14: Trade, Growth and Interdependence Week 15: Student Group Presentation 先修课程和能力要求/PREREQUISITES: Intermediate Micro- and Macro-Economics. It is expected that you are already familiar with the basic micro- and macro- economic theory before taking this course. 71 Courses with Chinese Characteristics During study at PKU, all of our degree programmes allow you to choose from a wide range of modules covering different aspects. Peking University could also offer some courses with Chinese characteristics to enable you understand Chinese language, Chinese culture, China’s history and China’s society. Here are some courses of Peking University’s Public Elective Courses and Courses for General Education for your reference. Public Elective Courses Course ID Course Name 01539020 北京历史地理 The History and Geography of Beijing 01831300 中国古籍资源与整理 02939983 法治与礼治:中国政法传统研究 Legalism and Rule of Propriety: Study of Chinese Politics and Ancient Chinese Classics and Arrangement Law Tradition 04330401 中国书法理论与技法 The Theory and Skill of Chinese Calligraphy 18050200 中医养生学 Health-preserving of Traditional Chinese Medicine Courses for General Education 02030330 民俗学 Folklore 02031540 中国古代文化 Ancient Chinese Culture 02033850 中国古籍入门 Introduction of Ancient Chinese Classics 02033861 中国古代文学经典(一) Ancient Chinese Literary Canon(I) 02131310 中国传统官僚政治制度 The Chinese Traditional Bureaucracy 02132750 中国通史 (古代部分) Ancient and Medieval Chinese History 02138850 中国现代社会史 Social History of Contemporary China 02231170 中国古代物质文化史 Material History of Ancient China 02431930 中苏关系及其对中国社会发展的影响 Sino-Soviet Relations and Its Effects on Chinese Social Development 03033243 中国名著导读 Masterpieces of Chinese Literature 03834100 中西文化比较 A Comparative Study of Chinese and Western Cultures 03532260 中日文化交流史 History of Sino-Japanese Cultural Exchanges 04330051 中国美术史 History of Chinese Fine Arts 04330671 中国书法艺术理论与鉴 The Theory and Appreciation of The Art of Chinese Calligraphy 04331020 中外名曲赏析 Appreciation of Chinese and Foreign Famous Songs 04332350 中国流行音乐流变 Trends of Chinese Popular Music 04332470 中国美术概论 Outline of Chinese Art 04332881 中外美术创作比较 Comparison on Creation of Art between China and the West 04630620 北京与中国,公元 900 年至今 Beijing and China, 900-Present 60730330 孙子兵法导读 Introduction to Sun--Tzu's Art of War 72 In addition, Peking University’s Summer School International (http://www.oir.pku.edu.cn/PKUSummerSchool/) offers some courses with Chinese characteristics. Here are some of its courses for your reference. The program offers ten content courses and one Chinese language course. The subjects of the content courses will be related to philosophy, economics, public policy, sociology, culture, literature and music. 1. TITLE: Communication, Culture, and Society: The Chinese Way COURSE DESCRIPTION: This course will focus on the triangular relationship of communication, culture and society in China. It intends to demonstrate, through the Chinese cases, how heavily our communication habits are influenced by the culture that has shaped us as members of the society, and how our communication, both interpersonal and mediated, helps to construct and change the society we live in. Therefore, this is not merely a course on China, and the thinking can hopefully be applied and examined elsewhere. The lectures will use vivid cases such as daily events rather than abstract theoretical deliberation to illustrate arguments and thoughts regarding how people communicate and what they achieve through communication, and above all, the social and cultural consequences of our communicative behaviors. The topic "Food, Communication, and the Chinese Culture", for example, discusses how in ancient China the way people ate was developed into an important part of the system of rituals as recorded in the Book of Rites, and the traditional function of dining as a means to communicate respect, affection and friendship is still common in contemporary Chinese public relations practices. Surely the "by-product" of this course would be to help the students understand more deeply the Chinese culture and history, and the society and people in China today. The lectures will be illustrated with colorful power point slides, and the students are encouraged to ask questions and to present their own views. 2. TITLE: Comparative Philosophy: China and the West COURSE DESCRIPTION: The focus of the course will be a careful reading of representative texts of the Confucian and Daoist lineages: the Analects of Confucius, the Zhong Yong, the Xiao Jing, the Daodejing, selections from Zhuangzi and the Huainanzi. The objective will be to struggle with imagination to take the Chinese philosophical tradition on its own terms. To this end, we will use several sources - the Book of Changes, Traditional Chinese Medicine, Tang Junyi on Chinese natural cosmology - to establish a lens through which to read these canonical texts. This lens provide us with an interpretive context, and will enable us to be sensitive to the presuppositions we are likely willy-nilly to bring to the texts. Over the tenure of the course, we will attempt to develop a nuanced and sophisticated appreciation of the basic vocabulary of Chinese philosophy. 73 3. TITLE: Study on Chinese Traditional Music Culture COURSE DESCRIPTION: Equivalent to Series Study on Music and Culture, special subject: Chinese Music, Peking University. Part of Core Curriculum since 2007. Study on Chinese Traditional Music Culture aims to instill in listeners a basic comprehension of the many sorts of the Chinese musical imagination and inspiration. The course specific goals are to awaken and encourage in students and appreciation of music from ancient to present in China, to help them learn to discover intelligently to a variety of musical idioms, and to engage them in the colorful debates about the character and purposes of music that have occupied composers and musical thinkers since epic age of China. The class tries to involve students actively in the process of critical listening which performed by Chinese musicians live in the classroom, and the instructor attempts to help students grasp how to sing a Chinese folk song fluently phase by phase in person too. The extraordinary richness of musical life in Beijing is thus an integral part of the course. Although without the background on Chinese music and even not a history of Chinese music, the course is developed in series question such as What is Chinese music, what is the traditional functions of Chinese music so on, each unit is divided into two parts: text analysis and music imitation. 4. TITLE: Transition and Public Policy in China COURSE DESCRIPTION: This is an introductory course about China's public policy in the process of economic, administrative and social transition. We will provide major facts and alternative explanations for various policy problems and corresponding public policies during this transition. Major topics covered in the course include: public administration and public policies in the centrally planned economy period, major reforms after 1978 (including rural reforms, urban reforms, state-owned enterprise reforms, financial reforms and administrative reforms), current problems and major public policies, etc. 5. TITLE: Introduction to Chinese Economy COURSE DESCRIPTION: China's fast economic growth has generated great interest among media, scholars and ordinary people around the world. The aim of this course is to provide students with an overview of the Chinese economy. The topics covered include an introduction of the Chinese economic history, the transition path from a central-planning to a market-oriented economy, the background and implications of the urban-rural divide, population growth and the related labor market issues, the financial system and its reforms, international trade and the role of foreign investment, the environmental issues and policies, etc. Upon completion of the course, students are expected to be familiar with China's economic system, its current economic reforms, and the challenges that the country faces in the twenty-first century. 74 6. TITLE: Poverty and Policy Responses in China COURSE DESCRIPTION: This course will provide an overview of the contemporary discussions on poverty and inequality in China. It has an analytic and descriptive focus on definition, measurement, processes of production of poverty and inequality, as well as public policy responses. At the conclusion of this course, students will be able to understand the role of public policy and its implementation in producing, maintaining and alleviating poverty and inequality in China. Furthermore, students will obtain a solid understanding of some fundamental theoretical and methodological frameworks. Specifically, the topics include definition and measurement of poverty and inequality, poverty populations in China, Chinese administration structure and social welfare institutions, concrete policy responses to poverty and inequality, as well as evaluations on current anti-poverty policies. 7. TITLE: Chinese Foreign Policy COURSE DESCRIPTION: This course is designed to survey major topics of the international relations of the People's Republic of China. It begins with a brief historical review of China's role in the pre-modern world, followed by a survey of Chinese Communist Party's world view and China's non-aligned policy. Then the course will be organized around special topics of Chinese foreign policy in the post-Cold War era, including the rise of China, the Taiwan Issue, U.S.-China relations, nationalism, public opinion, China's multilateral diplomacy as well as the economic dimension of China's interactions with the outside world. The course pays attention to the application of different international relations theories to the problems under study. The course aims to acquaint students with knowledge of China's involvement in world affairs in historical and contemporary perspectives and train them with an analytical understanding of the dynamics of China's foreign policy. 8. TITLE: Modern Chinese Film COURSE DESCRIPTION: This course will lead the students through the various stages of Chinese cinema from the establishment of P.R. China in 1949 till now (with a brief review of Chinese film in the Republican era in the first session). In the various periods, state policies, filmmaking trends, representative filmmakers and films, and the state of the industry will be covered, with close readings of some important films. The course is intended to give the students a historical perspective and broad knowledge of Chinese cinema, and trainings in academic approaches to film studies. 75 9.TITLE: Chinese Politics and Public Policy COURSE DESCRIPTION: This course seeks to introduce advanced undergraduate and master level students to the main issues in the study of Chinese politics, with a special focus on the policy making process in contemporary China. In the first three sessions, the instructors will cover in a very brief manner the political development of China from late Qing to the Hu Jintao period, trying to help the students understand the main themes of the Chinese politics and background of the current political problems. In sessions 4-5, the focus is the challenges faced now by the Chinese leadership, ranging from state capacity decline to the increasing social instabilities. Whether and how these problems can be handled will arguably define the political future of the Chinese nation. In the next four sessions, we will analyze the institutional characteristics of the Chinese party-state, cover the main models to understand the Chinese policy making process, and we will use some examples to illustrate the power and shortcomings of the models. In the final session, the current debate about the Chinese political future will be reviewed. Hopefully, after taking the whole course, the students can have their own informed and well-grounded arguments on this topic. 10. TITLE: Introduction to Issues in Trade and Development COURSE DESCRIPTION: The course will introduce the student to the principles of economics that are key to understanding key aspects of international trade including the basis for trade, the gains from trade and the effects of policies that influence trade flows. In addition, time will be spent focusing on macroeconomic topics including the balance of payments, exchange rates, monetary and fiscal policy in the open economy and alternative types of international monetary arrangements. Throughout the course, special attention will be paid to issues that are of special interest to developing countries. 76 Degrees and Majors There are six departments at School of Economics, which are Department of Economics, Department of International Economics and Trade, Department of Finance, Department of Risk Management and Insurance, Department of Public Finance and Department of Development Economics. Undergraduate study: In the first two years of undergraduate study, all the students have basic courses in economics which means that there is no difference in majors. Students could choose their majors and orientations in the third year according to their characteristics, interests, career plans, and etc. Students could choose from six majors which are major in economics, major in international economics and trade, major in finance, major in risk management and insurance, major in public finance and major in development economics. Students will be awarded with Bachelor Degree of Economics. Postgraduate Study: Our master program has eight majors which are major in political economics, major in history of economics thoughts, major in history of economics, major in western economics, major in world economics, major in human, resource & environmental economics, major in public finance and major in finance. Our PhD program has seven majors which are major in political economics, major in history of economics thoughts, major in history of economics, major in western economics, major in world economics, major in public finance and major in finance. 77 Accommodation Note: There is limited number of places for international students who want to live on the University campus. You may find accommodation off-campus by visiting local real estate agents, checking newspaper advertisements or searching through the internet. Below are a few recommended hotels and hostels on or around campus. On Campus: Zhongguanyuan Global Village, PKU (北京大学中关新园) Tel: +86-10-62752288, 62752236-70888 http://www.pkugv.com/ Peking University Shaoyuan Guest House (北京大学勺园) Tel: 86-10-62757361/62757360/62752218 http://web5.pku.edu.cn/pkucc/shaoyuan/html/aboutsh/aboutsy.htm The Lake View Hotel (北大博雅国际会议中心) Tel: +86-10-82689999 http://www.thelakeviewhotel.com.cn/cn/booking.html Off Campus: Beijing Ziyuan Yanyuan Hotel (北京资源燕园宾馆) Tel: +86-10-82629988 62757199/0858/0855 http://www.pkuzy.cn/ Beijing Xihua Hotel (北京锡华商务酒店) Tel: +86-10-62646688 FURAMA HOTELS (富驿时尚酒店) Tel: +86-10-58986679 http://www.furamaxpress.com/zhongguancun/ The Worker Club (五道口宾馆) No. 23 Cheng Fu Road, Haidian District Beijing China. Tel: +86-10-62316688 You Dian Liaoyangyuan (邮电疗养院) Tel: +86-10-62642402 & +86-10-62587779 Sariz International Hotel (萨尔利兹国际酒店) Tel:+86-10-82488866 http://www.sarizhotel.com.cn/Html/285/ 78 Application Information and Contact Application Information: Please note that for all programs of Peking University you must apply through the International office of Peking University. Entrance requirements can vary from year to year, so you should check the University’s website for up-to-date details. For questions regarding admissions please contact the International Students Office of Peking University: Telephone of International Students Office: 86-10-62751230 E-mail: [email protected] Useful links: We strongly recommend international students to browse the website of Office of International Relations of Peking University's: http://www.oir.pku.edu.cn/en/ & http://www.oir.pku.edu.cn/orientation/ To find out more about the university, please see the university’s website: http://www.pku.edu.cn/ Webpage for international students: http://www.oir.pku.edu.cn/en/apply_intel1.htm Official Website of School of Economics: http://econ.pku.edu.cn/ Our Address & Contact: School of Economics, Peking University Haidian District Beijing P.R.China Post code: 100871 Office of School of Economics: 86-10-62751460 (Tel & Fax) Office of International Relations of School of Economics: 86-10-6275 1462 (Tel & Fax); 86-10-62753857(Tel) Email: [email protected]/ [email protected]/ [email protected] 79
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