Established in September 1945 for the first time in the Republic of Korea, the School of Economics at Chung-Ang University has been nationally recognized for excellence in research and education. Currently with more than 700 undergraduate and 30 graduate students, the School of Economics offers a full range of courses in Economics at the B.A., M.A., and Ph.D. levels. Our alumni are, well equipped with both theory and applications, now actively working in various fields including government, industry, the financial sector, policy research, and higher education. Furthermore, with variety of research interests spanning economic theory, econometrics, macroeconomics, economic history, labor, public, monetary, development, international, and financial economics, the research of the School’s faculty members has been appeared in world-renowned academic journals such as Review of Economic Studies, International Economic Review, European Economic Review, Games and Economic Behavior, Journal of Economic Dynamics and Control, Journal of Urban Economics, Journal of Health Economics, Economica, Journal of Economic History, Journal of Futures Markets, and Korean Economic Review. Also the Journal of Economic Development, a leading journal in development economics, is housed at the School’s Economic Research Institute.
First of all, the curriculum in the major field consists of taking joint compulsory courses and advanced courses for each major. Among these, the joint compulsory course includes mandatory courses including minimal theoretical learning to complete master’s courses in economics such as micro I and macro I, and after the second semester, it consists of taking courses for each major. The table below shows the curriculum for each major track that is currently frequently selected by graduate students in economics.
Policy Analysis | Financial | Applied economy | |
Compulsory subject | Master’s course: Microeconomics I, Macroeconomics I Ph.D. courses: Microeconomics II, Macroeconomics II |
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Elective course | Economic development theory, Economic statistics analysis, Economic statistics analysis, International trade theory Economic Association seminar, International economics seminar, International economic studies |
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Advanced subject | Finance, monetary finance, labor policy, Economic Policy Research, etc |
Financial economics, currency finance, capital market theory, capital market theory Measurement economics, international financial theory, international financial theory repair and quantitative economic seminar |
Labor economics, industrial organization theory, finance, monetary finance theory, applied econometrics, resource economics, etc |
Career | Government and private economic research institute, Other policy analysis related fields |
Financial institutions and department research institute, economic research institute, Other financial/financial/related fields |
Economic research institutes and large corporations, Other areas related to applied economy |
In addition, the Graduate School of Economics is recruiting a master’s-related course only for the same undergraduate majors (department of economics, double majors). The master’s-related course for those who have completed 106 credits by the sixth semester of the undergraduate school is a system that allows them to obtain bachelor’s and master’s degrees in five years of class. Those who pass the master’s-related course can graduate from the undergraduate school early in the seventh semester, and receive a 50% reduction in tuition fees until the third semester.
In general, students with a master’s degree program will select an advisor at the beginning of the third semester to conduct research for about a year. The usual procedure is to submit a thesis plan (proposal) → preliminary examination → main examination, and the last main examination will be in December (as of the beginning of the semester in March). Meanwhile, students with a doctoral degree will proceed with the thesis by selecting an advisor and thesis topic at the same time as they enter the doctoral course.
Paper presentation
Professionals from the Department of Economics will be able to obtain specialized guidance from the professors of the Department of Economics so that they can be published in specialized journals at home and abroad, and they will have the opportunity to publish academic papers as co-researchers or as independent researchers. Currently, many graduates or students in their degree programs are publishing their papers in high-quality journals. Most doctoral dissertations have excellent research results, so they are likely to be published in academic journals. This experience of publishing papers will be a very important experience for future growth as a professional researcher. Furthermore, concrete academic research experiences can be gained by participating in various theoretical and practical projects by the professors of the Department of Economics.
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