Introduction to Master of Applied Economics
In order to meet the needs of moderate economic diversification in Macao, following the globalization trend of economic development, the School of Business in 2016 has opened Master of Applied Economics (MAE). The two-year full-time program is to teach students advanced economic theories and econometric analysis tools, to cultivate their skills of comprehensively applying economic tools to the analysis of real-world economic policy questions, as well as to help students develop their full potentials. This rigorously formulated program aims at preparing students to be a competent economic analysts with global visions.
The program is a balanced package of 33 credits totally, including compulsory subjects (15 credits) and elective subjects (18 credits), as well as an independently accomplished thesis.
This program is intended for bachelor graduates with backgrounds in economics. Meanwhile, we encourage applications from students with multiple disciplines in STEM (Science, Technology, Engineering and Mathematics) majors.
Course features:
The program emphasizes the combination of economic theory and economic analysis training. Guiding students to develop the basis of advanced economic theories, we put great efforts to guide students to use statistical software and tools to analyze the data in economic fields.
Plenty of course flexibilities help to facilitate students individualized learning. Since this program is part of the Business School, instructors are with rich expertise not only in diversified areas of economics, but also from fields of management, finance and etcetera. Therefore, on the basis of their individual learning interests and preferences, students can take elective courses of Macroeconomics or Microeconomics, as well as simply management or finance fields.
Through regularly inviting famous economists and industry experts to give lectures on campus, sponsoring economics forums and symposiums, the program provides the latest information about economic theory forefronts and the dynamic trends of new business practices.
To enhance the teaching, research and student learning outcome, the program has established an Applied Economics Laboratory, which is dedicated to teaching econometrics and related applied research activities.
Learning Goals and Learning Objectives
LG1. Students demonstrate solid knowledge and skills in in business and economy management.
LG1.1 Students have mastering of intermediate-level knowledge and skills in general business and economics study.
LG1.2 Students demonstrate solid knowledge and skills in prescribed and self-chosen specialized areas of business and economics study.
LG2. Demonstrate intermediate critical thinking and analytical skills in solving business-and-economy problems.
LG2.1 Students are able to identify and define problems and opportunities in specialized areas of business and economics.
LG2.2 Students demonstrate intermediate analytical skills by collecting business data and information and applying appropriate quantitative techniques.
LG2.3 Students are able to interpret the result of data and information analysis and make recommendations relating to the business strategy and economy policies in specialized areas.
LG3. Students demonstrate strong oral and written communication skills.
LG3.1 Students are able to communicate clearly and effectively orally in a logical, coherent, organized manner and in a suitable register.
LG3.2 Students are able to communicate clearly and effectively in writing in a logical, coherent, organized manner and in a suitable register.
LG3.3 Students can select and apply appropriate multimedia and visual aids to promote their presentations effectively.
LG4. Have a strong ethical perspective and solid understanding about how to behave ethically in business and economy environment.
LG4.1 Students demonstrate solid knowledge of ethical conduct and legal setting in business and economy environment.
LG4.2 Students are able to recognize ethical dilemmas in business operation and economy environment, and to apply an ethical model to propose and defend a resolution in specialized fields.
LG4.3 Students demonstrate solid knowledge of corporate social responsibilities and capability of applying models of sustainable development to propose and defend a resolution.
LG5. Demonstrate global and multicultural perspectives.
LG5.1 Students understand, appreciate, respect and/or work well with other cultures and international diversity.
LG5.2 Students demonstrate good understanding of globalization of business and economy, being able to integrate the implication of globalization into decision-makings in their major areas.
