Skip Navigation

UOU Logo

Top Menu

Total Search

Home > Academics > Undergraduate

Document Contents




  • Phone : +82-52-259-2421
  • Fax : +82-52-259-1711
  • Location : Social Sciences (Bldg. #15-314)
  • Website : Homepage
▷ What is economics?

Desires of human beings are unlimited but means to satisfy them are limited. Economic theories start from choosing an effective way to use these limited means. Seen like this, economics is a discipline defined as selecting means that are limited. Selection is not confined to only economic issues but our lives are a succession of choices - choosing a transport to school, deciding a class to take, allocating study times for examinations, and choosing a partner for a date. As such basic principles of economics are applied to everyday tasks which seem to be remote from economic issues. In fact economists have contributed to solving the problems which do not seem to be related to economic issues such as marriage, family planning, education, criminal rates. By studying economics we develop problem solving ability through analyzing economic issues by applying theories. Also we can have insights to live efficient lives as we develop ideas to make a reasonable selection.

▷ What do you study as economics majors?

◎ Microeconomics, Macroeconomics: Learning fundamental theories of economics
◎ Economy Statistics, Econometrics: Subject of means to study economics
◎ History of Economy and Economics Theory: Subjects to lead students to have historical practicality through studying history of economy theories and changes in real economy
◎ Finance, Public Economics, International Economics, Labor Economics, Economy Development Theory, Korean Economy Theory

▷ Applied Course

Comparison of Korean and Japanese Economy
Being offered during the summer vacation, this course prepares students to cope with internationalization and globalization. The course holds four day lectures in Korea and Japan, respectively.

▷ Employment Opportunities

Our graduates engage in a wide variety of firms. Last year, for instance, found a job in conglomerates like the Hyundai Group, finance sectors such as banks, securities, investment trusts, and insurance companies. They also advanced into a big distribution industry like Hyundai Department Store and local press. Some secured a job in government offices or colleges.
Educational objectives
Educational Objectives
Economics is the study of how societies allocate limited resources to achieve competing ends. Using both empirical and deductive methods, economics analyzes incentives, constraints, organizational forms, and market forces to understand patterns of production, exchange, and consumption of goods and services. It treats diverse issues such as market structures and firm behavior, income distribution and poverty, government expenditures and taxation, prosperity and depression, inflation and unemployment, relations between management and labor, economic growth, environmental protection, various social welfare, free trade versus protectionism, integration of international markets.
The Department of Economics offers Master and Doctoral degree programs for graduate students. The graduate programs try to educate excellent economists who can contribute to the development of real economy as well as that of economic theories. The graduate programs in economics requires certain minimum graduate credits for Master and Doctoral students. The program provides rigorous training in economic theory, econometrics, and applied economics. It has four components: a sequence of core courses, a set of major field courses, a dissertation proposal and comprehensive examination, and a dissertation. Requirements are as follows.
Educational content
Core Courses and Departmental Requirements

(1) Core courses: Microeconomic and Macroeconomics are required.
WA 2354 Microeconomics 3 s.h.
WA 2356 Macroeconomics 3 s.h.
(2) Students can take courses offered by other departments up to 6 s.h. under the authorization of advisor.
(3) Comprehensive Examination
- Student must take a comprehensive examination covering Microeconomics and Macroeconomics and a course related with majoring field.
- The ratio of the courses are 30% each for Microeconomics and Macroeconomics, and 40% for the course related with major.
(4) Dissertation proposal
- Students must defend a dissertation proposal within one year of completing the research paper requirement.
(5) Dissertation
- Student who submit the completed dissertation must implement at least one open session of oral defense in the dissertation submitting semester.

The administrative responsibility of the content.

By cliking the email below, you can send an e-mail to the person in charge.

Last Modified : Feb 5, 2013
  • Office : UOU International
  • Phone : +82-52-220-5957
  • Staff in Charge : Sean Park

Contents Review

Review the content back to the main content of the current page provides links to allow access.

Contact menu



93 Daehak-ro, Nam-gu,
Ulsan (44610), Korea


Phone: +82-52-220-5952(~5959)


Fax: +82-52-224-2061



Sitemap menu


Join us and keep up-to-date on what is happenting around University of Ulsan.


Footer menu


Copyright 2012 University of Ulsan, All Rights Reserved.

Review Navigation