Economics (Undergraduate, Graduate) Vision  

 As a branch of social sciences, economics mainly deals with the analysis of various socioeconomic issues stem from the imbalance between unlimited human desires and limited resources. Economics is a practical science in that it seeks to apply theories and logics to real-world situations and solve problems. In the meantime, today's world requires higher quality of university education that can meet the needs of society. As for curriculums, it also needs to be developed in a way that can promote students' competitiveness. Against this background, this department set up principles that reflect changes in the educational environment at home and abroad and core values of economics. The principles are like following.

 First, this department aims to strengthen students' capability to conduct scientific analysis on various economic phenomena. Students' are required to develop ability to apply economic data to the real-world economy and explore policy alternatives. The ultimate goal of the department is to nurture creative professionals on economics and talents who can contribute to the development of the national economy.

 Second, this department enables students to study major theories of economics systematically and cultivate ability to understand economic issues comprehensively.

 Third, this department focuses on producing students who have insight into and understanding of economic phenomena. It will also help students develop ability to apply their knowledge to issues concerning economic players including consumers and businesses.

 Fourth, this department provides education on the government's economic policies. This will help students find out solutions to the issues require the government's policy actions or understand the limitations of government policies. This department requires those who are willing to contribute to the development of a society by utilizing their knowledge and objective understanding on the world. Alfred Marshall, a British economist and the founder of modern microeconomics once said that young people with "cool head and warm heart" are the right persons to study economics. In order to have clearer understanding of economics and ability to apply the knowledge to the real world, you need to have comprehensive knowledge on various studies related to economics. In this regard, economics better fits for students who have interest in, besides economics, other basic studies like social science, mathematics, history, and linguistics as well.

 

Statistics (Undergraduate, Graduate) Vision  

 Statistics is a science of developing knowledge through the use of empirical data. It is also a study that deals with the overall process of the collection and utilization of data to produce information helpful for decision-making.

 Major works of statistics include sample survey, experiment planning, data collection and synchronization, inference, uncertainty measurement, and prediction using numerical models.

 The undergraduate course provides comprehensive instructions on various statistics and probability theories and chances to apply them to calculation and other numerical works. The course aims to cultivate professionals in statistics who have ability to work in various fields of society including academic, industrial, business and government sectors. This course also helps students have basic knowledge on statistics prerequisite for those who want to advance into the graduate school.

 The education at the graduate course goes beyond theoretical statistics that deals with basic theories and their applications. The course provides education on applied statistics that focuses on data analysis techniques and computational statistics that deals with computer analysis and statistical calculations.

 The course of theoretical statistics offers basic knowledge necessary to understand and utilize statistical theories. In this course, students can acquire in-depth knowledge on probability theory, statistical inference, sampling theory, and generalized linear model theory. Based on this knowledge, students can develop ability to create new theories and utilize statistical techniques.

 The course of applied statistics provides means to analyze various phenomena of our daily lives, especially economic issues in a statistical way. Applied statistics requires students who have extensive knowledge on the real-world's phenomena and ability to understand the gap between statistical theories and reality. Students also should be able to revise conventional theories or develop new ones and verify the possibility of their application. Students are expected to develop ability to understand the analysis results' implications for the real-world.

 

International Trade (Undergraduate) Vision  

 The department of international trade offers an interdisciplinary studies program. The program is designed to help students have in-depth knowledge on the structural characteristics of the changes in the international political and economic environment and institutional aspects of the international trade system. The program aims to nurture professionals in trade who can work for international organizations, multinational companies, and the government. Along with systematic education on the major, the interdisciplinary studies program offers education on foreign languages and cultures. Through this course, students can obtain both expert knowledge and basic academic skills.

 

Foreign Trade (Graduate) Vision  

 International trade is a study based on economics theories and international trade practices. The international trade course provides education on basic theories of economics, trade policies, and international finance. The trade management course is consisted of two parts: international trade practice (which deals with international trade, international transportation, trade insurance, international trade payment, service trade, trade contracts, and international trade law) and international management (which deals with multinational companies, foreign investment, and insurance) This department aims to produce experts on international trade policies, international finance, international trade practice, and international management.

 

Actuaries Sciences (Graduate) Vision  

 Actuary is one of the most popular professions in the US and, in Korea, the demand for actuarial services is also on a constant rise. In general, to work as an actuary, certification from internationally renowned actuary associations like Society of Actuaries and Casualty Actuarial Society are required. This course aims to produce international actuaries by offering test preparations for the course 4 examination.  


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