GEN1000 Perspectives on General Education
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This module aims at enabling students to comprehend and analyse Hong Kong’s economy based upon the scientific method for which observing real life data. The module emphasizes upon the analysis of the operation of major economic sectors and related policies against the social and political background of Hong Kong. Module topics include an overview of Hong Kong economy, business cycles and economic growth, government-business relations, monetary and financial system, labour market and unemployment, income inequality and poverty, and property market and housing policy.
Upon completion of this module, students should be able to:
a. demonstrate economic and political concepts relevant to the study of Hong Kong economy;
b. distinguish the features of the development of Hong Kong economy at different stages;
c. evaluate the role of government in the economic development of Hong Kong economy and current economic issues are anatomized; and
d. apply relevant economic and political concepts to analyse the workings of the major economic sectors and related policies against the social and political background of Hong Kong.
1. An overview of Hong Kong economy
2. Historical development of Hong Kong economy
3. Business cycles and economic growth
4. Government-business relations
5. Monetary and financial system
6. Labour market and unemployment
7. Income inequality and poverty
8. Property market and housing policy
9. Market competition and competition policy
10. External trade and foreign investment
1. Class participation (10%)
2. Presentation (10%)
3. Quiz (15%)
4. Term paper (25%)
5. Examination (40%)
