Conceptual introduction to financial accounting. Emphasis is placed on wealth and income measurement and the preparation and interpretation of conventional financial statements.

The detailed topics include: international trade theory ( the law of comparative advantage, factor endowments and the Heckscher-Ohlin theory, economies of scale, imperfect competition, and international trade, international trade and economic growth), international trade policy including trade restrictions, nontariff trade barriers and the new protectionism, economic integration: customs unions and free trade areas; open-economy macroeconomics: adjustment in the balance of payments and domestic stability. We will also discuss. the price adjustment mechanism under a flexible and a fixed exchange rate system, open-economy macroeconomics: adjustment policies, prices and output in an open economy: aggregate demand and aggregate supply, flexible versus fixed exchange rates, the European monetary system, and macroeconomic policy coordination.

This course will teach the principles,types of insurance, management and supervision of property and liability insurance.It will train students to analyze and solve the problems of theory and practice in the field of property and liability insurance.

"This is a first class in Corporate Finance. This class involves the answers to three questions. First is the capital budgeting decision, which is about what long term investments should the firm take on. Second is the financing decision, which is about how can cash be raised for the required investment. Lastly, it examines short term finance and concern net working capital and discusses the way the firm manage its day-to-day cash and financial affairs. At the end of this course, students should be able to think analytically about portfolio selection, corporate decision making and asset pricing. These skills can also be used as personal financial decisions."

The basic concepts, theories and essential methods of the course are an important part of students’ scientific accomplishment and play an important role in improving talented people's scientific quality, which cannot be substituted by other courses.This course enables students to grasp the elementary knowledge of mechanics, thermodynamics, electromagnetism, wave and optics and modern physics. It provides a basis for the work they will do after graduation in the fields of technology, management and scientific research.