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  • Apr 18, 2014
  • Updated: 3:00pm

Economics

PUBLISHED : Thursday, 11 January, 2007, 12:00am
UPDATED : Thursday, 11 January, 2007, 12:00am

Name: Lina Chau Lai-na


Age: 22


Course: Bachelor of Social Sciences (Honours) Economics


School: Lingnan University


Year of Study: Year Three


Duration of programme: Three years


Young Post: What have you studied on your course?


Chau: In Year One, I learned about basic concepts, such as macro- and micro-economics. The economy of modern China and the effects of economic globalisation were also covered. In Year Two and Three, we did more in-depth studies of various economic models.


YP: Which subjects interested you most?


C: I really like the courses taught by our president, Dr Chen Kwan-yiu. The presidents of other universities never get involved in teaching.


Besides overseeing administrative issues at Lingnan, Dr Chen, a renowned economist, teaches us a lot. He is an eloquent speaker who can make difficult economic concepts easy to understand.


I studied a course called Economic Development taught by Dr Chen in Year Two. I learned a lot.


Another course, Competition Policy, was also very interesting. We were taught why a monopoly would hurt the economy of a country.


YP: What is the most interesting coursework that you've done?


C: For the Competition Policy course we visited the two biggest local supermarkets and picked 15 items as the focus of our research. We compared the prices of goods and studied whether the supermarkets manipulated the market.


By marking up the price of the same goods sold at the two chain stores together, they were forcing customers to buy goods at a higher price.


From our research, we found that when one of the supermarkets increased the price of a product, the price of the same item at the other supermarket would go up the next day.


The conclusion of our project was that some sort of a cartel had been formed between the two biggest local supermarkets.


YP: Have you completed any internships?


C: In the summer of Year One, I did an internship at Shanghai's A.C. Nielsen, an international market research company.


My post was project co-ordinator and I had to conduct street interviews to collect information for research and to find out what people think of the products made by our client.


The two-month stint helped me learn a lot about how mainland companies work.


The skills I acquired doing the interviews also helped me because most courses in economics involve research and data analysis.


Admission


Applicants have to obtain at least a pass in two AL subjects, or a pass in one AL subject and two AS subjects. A Grade D in AS Use of English and AS Chinese Language and Culture is also required.


Career prospects


Graduates can find work in the field of finance and economics. They can work as data analysts or consultants at multinational corporations or consultancy firms.


Those who want a career in education may take up teaching posts at local secondary schools or universities.


Those with higher aspirations can become economists, conduct economic research and publish papers at university.


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