Approved Courses for Research Degree Students (EF)

Department of Economics and Finance

MPhil/PhD students are required to fulfill the stipulated core course and elective requirements.

Core Courses for MPhil/PhD Students:

Please refer to the list of core courses specified by the College of Business. In addition, MPhil/PhD students are required to fulfill the following core course requirements.

PhD in Economics (2019 cohort and thereafter):

Code Course Title Credits Year / Semester 2023-2024  Semester/Term
EF8090 Advanced Econometrics 3 Year 1 / A A
EF8070 Advanced Microeconomics 3 Year 1 / A A
EF8072 Advanced Macroeconomics 3 Year 1 / A A
EF8071 Topics in Microeconomics 3 Year 1 / B B
EF8075 Topics in Econometrics 3 Year 1 or 2 / B B
EF8078 Topics in Macroeconomics 3 Year 1 or 2 / B -
EF5400* Advanced International Trade 3 Year 2 / A A
EF5402* Economic Growth and Development 3 Year 2 / B B
EF5406* International Finance 3 Year 2 / B B
EF8077* Theoretical Asset Pricing 3 Year 2 / B B
EF8074* Independent Project 6 Year 2 / B B
* Options of elective courses : Students need to earn AT LEAST 6 credit units by taking these courses.

PhD in Economics (2014 - 2018 cohort):

Code Course Title Credits Year / Semester 2023-2024  Semester/Term
EF8070# Advanced Microeconomics 3 Year 1 / A A
EF8072# Advanced Macroeconomics 3 Year 1 / A A
EF8090 Advanced Econometrics 3 Year 1 / A A
--- Workshop series - "Mathematics for Economics & Finance" (optional and non-compulsory) 0 Year 1 / A -
EF8071# Topics in Microeconomics 3 Year 1 / B B
EF8078# Topics in Macroeconomics 3 Year 1 / B -
EF8075# Topics in Econometrics 3 Year 1 / B B
EF5400* Advanced International Trade 3 Year 2 /A A
EF5402* Economic Growth and Development 3 Year 2 / B B
EF5406* International Finance 3 Year 2 / B B
EF8074*# Independent Project 6 Year 1 or 2 / A or B B
EF8077*# Theoretical Asset Pricing 3 Year 2 / B B
* Options of elective courses : Students need to earn AT LEAST 6 credit units by taking these courses.

PhD in Economics (2011 cohort):

Code Course Title Credits Year / Semester 2023-2024  Semester/Term
EF8070# Advanced Microeconomics 3 Year 1 / A A
EF8072# Advanced Macroeconomics 3 Year 1 / A A
EF8090 Advanced Econometrics 3 Year 1 / A A
--- Workshop series - "Mathematics for Economics & Finance" (optional and non-compulsory) 0 Year 1 / A -
EF8071# Topics in Microeconomics 3 Year 1 / B B
EF8078# Topics in Macroeconomics 3 Year 1 / B -
EF8075# Topics in Econometrics 3 Year 1 / B B
EF5400* Advanced International Trade 3 Year 2 / A A
EF5402* Economic Growth and Development 3 Year 2 / B B
EF5406* International Finance 3 Year 2 / B B
* Options of elective courses: Students need to earn AT LEAST 6 credit units by taking these courses.

MPhil in Economics (2016 cohort and thereafter):

Code Course Title Credits Year / Semester 2023-2024  Semester/Term
EF8070# Advanced Microeconomics 3 Year 1 / A A
EF8072# Advanced Macroeconomics 3 Year 1 / A A
EF8090 Advanced Econometrics 3 Year 1 / A A
EF8075# Topics in Econometrics 3 Year 1 / B B

PhD in Finance (2021 cohort and thereafter):

Code Course Title Credits Year / Semester 2023-2024   Semester/Term
EF8090 Advanced Econometrics 3 Year 1 / A A
EF8070 Advanced Microeconomics 3 Year 1 / A A
EF5250 Stochastic Calculus for Finance 3 Year 1 or 2 / A A
EF8077 Theoretical Asset Pricing 3 Year 1 / B B
EF8080 Empirical Corporate Finance 3 Year 1 / B B
EF8082 Theoretical Corporate Finance 3 Year 1 or 2 B
EF8083 Empirical Asset Pricing 3 Year 1 or 2 A

PhD in Finance (2019 - 2020 cohort):

Code Course Title Credits Year / Semester 2023-2024  Semester/Term
EF8090 Advanced Econometrics 3 Year 1 / A A
EF8070 Advanced Microeconomics 3 Year 1 / A A
EF8072 Advanced Macroeconomics 3 Year 1 / A A
EF5250 Stochastic Calculus for Finance 3 Year 1 or 2 / A A
EF8071 Topics in Microeconomics 3 Year 1 / B B
EF8077 Theoretical Asset Pricing 3 Year 1 / B B
EF8080 Empirical Corporate Finance 3 Year 1 / B B
EF8081 Advanced Corporate Finance 3 Year 1 / B -
EF8082 Theoretical Corporate Finance 3 Year 1 or 2 B
EF8083 Empirical Asset Pricing 3 Year 1 or 2 A

PhD in Finance (2014 - 2018 cohort):

Code Course Title Credits Year / Semester 2023-2024  Semester/Term
EF8070# Advanced Microeconomics 3 Year 1 / A A
EF8081 Advanced Corporate Finance 3 Year 1 / B -
EF8090 Advanced Econometrics 3 Year 1 / A A
--- Workshop series - "Mathematics for Economics & Finance"(optional and non-compulsory) 0 Year 1 / A -
EF8071# Topics in Microeconomics 3 Year 1 / B B
EF8080# Empirical Corporate Finance 3 Year 1 / B B
EF8077# Financial Economics 3 Year 1 / B B
EF5143* International Financial Management 3 Year 2 / A or B B
EF5157* Fixed Income Securities 3 Year 2 / A and B B
EF5210* Option Pricing 3 Year 2 / B B
EF5406* International Finance 3 Year 2 / B B
EF8072*# Advanced Macroeconomics 3 Year 2 / A A
EF8074*# Independent Project 6 Year 1 or 2 / A or B B
EF8075*# Topics in Econometrics 3 Year 2 / B B
* Options of elective courses: Students need to earn AT LEAST 6 credit units by taking these courses.

MPhil in Finance (2016 cohort and thereafter):

Code Course Title Credits Year / Semester 2023-2024  Semester/Term
EF8081# Advanced Corporate Finance 3 Year 1 / B -
EF8080# Empirical Corporate Finance 3 Year 1 / B B

# Doctoral level courses approved by the College Graduate Studies Committee.