DEPARTMENT OF ECONOMICS
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address
(14662) M206, Maria Pavilion, 43, Jibong-ro, Bucheon-si, Gyeonggi-do, Republic of Korea -
hours of operation
9:00 am-5:00 pm (lunch break 12:00-1:00 pm) -
tel
+82 2 2164 4518 -
e-mail
economics4518@naver.com
About the Department
Economics, which began with Adams more than 200 years ago and continues through the study of economic phenomena around the world today, is a discipline that seeks to understand how limited goods are utilized, how human and material resources are allocated, and the laws and solutions to problems that emerge from those choices. The economics major at Catholic University specializes in providing students with a broad understanding of real-world economics and critical thinking skills, with the goal of developing individuals who can consider both economic efficiency and equity in our society.
Curriculum
| Year 1 | Introduction to Economics, Modern Society and Macroeconomics |
|---|---|
| Year 2 | Microeconomics, Macroeconomics, Finance, Economic Mathematics, Economic Studies, International Economics, Understanding Microeconomics, Understanding Macroeconomics, Current Events, Econometrics, Economic Statistics |
| Year 3 | Corporate Economics, Monetary and Financial Theory, Financial Economics, Industrial Organization, International Trade, Public Economics, Legal Economics, Urban and Regional Economics, Environmental Economics, Economics Seminar I (Game Theory), Economics Seminar II, Econometric Exercises, Economic Ethics, Economics Capstone Design, Econometrics, Economics Fieldwork I to V |
| Year 4 | Labor Economics, Multinational Corporations, Economic History, Taxation, Financial Markets, Financial Engineering, Seminar in Finance, Seminar in Economic Policy, Theory of Economic Growth, Industrial and Regional Economic Research, Labor Economics |
Major Course Guide
Year 1 │ Introduction to Economics
This is a must-take class at the beginning of students’ economics studies, as it provides an overview of the discipline and introduces the most basic analytical tools, which is an essential foundation for students who will be studying economics. Students will learn about demand and supply curves, as well as cost and revenue curves for businesses, which will be used throughout economics. They will also learn how economics defines human behavior and the consequences of that behavior.
Year 1 │ Modern Society and Macroeconomics
Learn how economic variables such as GDP, inflation, and unemployment, which are often reported in the media and used to analyze a country's economy, are compiled, determined, and how they influence each other.
Year 2 │ Microeconomics
This course analyzes the interactions between individuals and firms within an industry and is fundamental to the study of individual behavior, firm behavior, and the industrial structure of a country.
Year 2 │ Macroeconomics
This is a class that teaches students the tools to analyze the movement of the economy and the impact of government policies at the national level, analyzing the interaction between households (consumers and workers) and businesses, and studying how policies such as government spending, tax revenue, and changes in central bank interest rates affect the economy.
Year 2 │ Econometrics
Students will learn the basics of the tools used to create economic theories and double-check them with statistics.
Year 3-4
The major consists of courses that utilize the fundamentals learned in the first and second years in each of these areas. Economics is such a broad subject that there are many different types of courses, and depending on students’ future career plans, they can choose courses in areas that interest and benefit them. Those interested in business can study industrial organization and business economics, those interested in the international economy can study international trade and international finance, those interested in finance can study monetary finance and financial markets, and those interested in the role of government study finance or taxation.
Academic Activities
Economics Society
To share knowledge, improve employability, and promote networking among economics students
Careers after Graduation
After graduating with a major in economics, there are many different types of jobs available. Students who have majored in economics have the ability to have a bird's eye view of the economic environment and market, so they can work in the planning departments of companies, corporate research and consulting companies, and participate in corporate decision-making. In addition, domestic and foreign financial institutions, tier 1 financial institutions, government departments, and international organizations are also looking for competent economics majors.
Here are some of the career paths and situations that Catholic University economics graduates have found themselves in after graduation.
| Large enterprises | Samsung Heavy Industries, CJ Logistics, Ottogi, Siemens |
|---|---|
| Midsize Businesses | Ildong Pharmaceutical, Henkel Korea, DeliveryHero, Wimep |
| Banks | Woori Bank, KB Kookmin Bank, IBK Corporate Bank, Hana Bank, Nonghyup Bank, Woori Card, etc. |
| Financial Institutions | Korea Investment & Securities, KDB Life Insurance, Shinhan Life Insurance, Samsung Life Insurance |
| Public Corporations | Korea Housing Finance Corporation, Seoul Housing & Urban Corporation, Korea Electric Power Corporation, Small Business Research Institute, Korea Youth Policy Institute, National Rehabilitation Institute, Incheon Transportation Corporation |
| Government departments | National Audit Office, Public Procurement Service, Seoul Metropolitan Government |
| Graduate School | Korea University Department of Economics, Korea University Graduate School of Education, KAIST Business School |
Subject-Related Certifications
FP (Asset Manager), Derivatives Investment Counselor, Securities Investment Counselor, Fund Investment Counselor, Computerized Accounting Level 1, Policy Analysis Evaluator, AFPK, CFP, Investment Asset Manager, Financial Investment Analyst, Financial Risk Manager, Computerized Taxation Level 1, etc.
Departmental Talent
- Interested in changing economic conditions and trying to understand what causes them.
- Someone who strives to be well-motivated
- Socially inclined and inclusive of others
High School Courses Related to Major
| General Electives | Career Electives |
|---|---|
| Math I, Calculus, Probability and Statistics, Economics, Practical Economics, etc. | Economic math, creative management, etc. |