Year IV

No: of Credits: 3

Pre-Requisites:  ECON 3201.3

Compulsory/Optional:  Optional

The goal of the course is to introduce the main issues of development economics. What affects economic growth, inequality, and poverty? Why do some countries achieve high levels of economic development and others do not? What are the policies governments can implement to change the growth path of their countries?

Recommended Readings

• Agarwala Ramgopal (1983), Planning in Developing Countries Lessons of Experience, World Bank Staff Working Papers, Number 576.
• Agrawal A.N. and Lal Kundan(1989), Economics of Development Planning, Vikas Publishing House Pvt. Ltd.,New Delhi.
• Little I.M.D. and Mirrlees J.A.,(1974) Project appraisal and planning for developing countries, Heinemann Educational Books Ltd., London

Lecture: 30 Hours

Tutorial :15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 3

Pre-Requisites: ECON 3202.3

Compulsory/Optional:  Optional

This course focuses on the core concepts and techniques for entering the international marketplace. Emphasis is on the effect of sociocultural, demographic, economic, technological, and political-legal factors in the foreign trade environment. As an introductory survey course, we will cover a variety of topics to illustrate the unique nature of international business including the patterns of world trade, currency exchange and international finance, globalization of the firm, international marketing, and operating procedures of the multinational enterprise.

Recommended Readings

• Kenen, Peter B.,(2000), The International Economy (4th Ed),Cambridge University Press
• Thompson, A., Peteraf, M., Gamble, J., Strickland III, A. J., & Jain, A. K. (2013).
• Crafting & executing strategy 19/e: The quest for competitive advantage: Concepts and cases. McGraw-Hill Education.
• Chacoliades, Militides (1999), International Money and Finance, Harper & Row, Publisher Inc

Lecture: 30 Hours

Tutorial :15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 3

Pre-Requisites: ECON 3203.3

Compulsory/Optional:  Optional

This course examines the legal and regulatory environment for banking and finance with particular reference to the activities of banks and other authorized deposit-taking institutions. Topics include the legal and regulatory underpinnings of the Sri Lankan financial system; legal concepts underlying the bank-customer relationship and duties of banker and customer; electronic banking; use and regulation of negotiable instruments (cheques, promissory notes and bills of exchange); lending and taking security; consumer protection; conduct in financial markets; and recent issues in financiers’ liability.

Recommended Readings

• Comizio, V. Gerard, Behnam Dayanim, and Laura Bain. “Cybersecurity as a global concern in need of global solutions: An overview of financial regulatory developments in 2015.” Journal of Investment Compliance (2016).
• Carnell, R. S., Macey, J. R., & Miller, G. P. (2009). The Law of Banking and Financial Institutions: Richard Scott Carnell, Jonathan R. Macey, Geoffrey P. Miller. Wolters Kluwer Law & Business.

Lecture: 30 Hours

Tutorial :15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 3

Pre-Requisites: ECON 3203.3

Compulsory/Optional:  Optional

This course will examine the role of central banks and monetary policy in the global economy and the effects of their policies on countries, companies and global financial markets. The course will help students acquire the analytical tools needed to understand and predict central bank decisions on the basis of economic developments and projections, and to assess the likely impact of monetary policy.

Recommended Readings

• Comizio, V. G., Dayanim, B., & Bain, L. (2016)
• Carnell, R. S., Macey, J. R., & Miller, G. P. (2009). The Law of Banking and Financial
• Institutions: Richard Scott Carnell, Jonathan R. Macey, Geoffrey P. Miller. Wolters Kluwer Law & Business

Lecture: 30 Hours

Tutorial :15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

The main objective of the course unit is to provide the student with a basic understanding of the various tools and techniques available for elucidating economic values of environment/ environmental pollution. Further, apply valuation techniques to practical environments by conducting field surveys to elicit environmental values

Recommended Readings

• Gunatilake, H.M. (2003), Environmental Valuation: Theory and Applications, Postgraduate Institute of Agriculture, University of Peradeniya
• Freeman M. III, Herriges, J.A., Kling, C. (2003) The Measurement of Environmental and Resource Values, Taylor & Francis

No: of Credits: 3

Pre-Requisites: ECON 3204.3

Compulsory/Optional:  Optional

This course provides an introduction to and overview of environmental policy. In this course students will examine the policy process, behavior of interest groups and political parties and the actions of policymakers like cabinet and the President and also examine significant environmental issues such as pollution control, climate change, conservation and biodiversity.

 Recommended Readings

• Lane, R. (2012). The promiscuous history of market efficiency: the development of early emissions trading systems. Environmental Politics.
• Beckerman, W. (1992). Economic growth and the environment: Whose growth? Whose environment? World development, 20(4), 481-496.
• Chissano, J. A. (1993). Natural resource management and the environment: widening the agricultural research agenda. Theme essay in ISNAR Annual Report.

Lecture: 30 Hours

Tutorial :15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 3

Pre-Requisites: ECON 2203.3

Compulsory/Optional: Compulsory

The course teaches core topics in the field of labour economics as well as introduces empirical methods for applied microeconomic analysis. The aim of this course is to encourage development of independent research interests in labour economics and relates fields. Topics include wage and employment determination, formation of human capital, labour market discrimination, immigration, unemployment, wage differentials, wage structure, and institutions in the labor market. There will be particular emphasis on the interaction between theoretical and empirical modeling.

 Recommended Readings

• Sloane, P., Latreille, P., & O’Leary, N. (2013). Modern labour economics. Routledge.
• Angrist, J. D., & Pischke, J. S. (2008). Mostly harmless econometrics: An empiricist’s companion. Princeton university press.
• Boeri, T., & Ours, L. (2008). The Economics of Imperfect Labor Markets,” Princeton University Press.
• Cahuc, P., Carcillo, S., & Zylberberg, A. (2014). Labor economics. MIT press.

Lecture: 30 Hours

Tutorial :15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 3

Pre-Requisites: ECON 2101.3, ECON 2202.3

Compulsory/Optional: Compulsory

Economic issues that were once confined within national borders, today, can and do have global ramifications. A nation defaulting on its foreign debt creates issues that spiral beyond the confines of its relationship to the banking industry.  An oil spill in one part of the world not only impacts the price of crude but also has devastating environmental implications. Global Economic Issues is designed to introduce the student to the key issues behind our complex and changing world from a social, political and economic point of view.

 Recommended Readings

• Chibba, M. (2011), The Millennium Development Goals: Key Current Issues and Challenges. Development Policy Review
• Coleman, W. D., Coleman, W. D., & Underhill, G. R. (1998). Regionalism and global economic integration. Routledge.
• Dicken, P. (2003). Global shift: Reshaping the global economic map in the 21st century. Sage

Lecture: 30 Hours

Tutorial :15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 3

Pre-Requisites: ECON 3205.3

Compulsory/Optional:  Optional

The students should get acquainted with the main concepts of Time Series theory and methods of analysis. They should know how to use them in examining economic processes and should understand methods, ideas, results and conclusions that can be met in the majority of books and articles on economics. In this course, students should master traditional methods of Time Series analysis, intended mainly for working with time series data. Students should understand the differences between cross-sections and time series, and those specific economic problems, which occur while working with data of these types.

Recommended Readings

• Enders, W. (1995). Applied econometric time series, John Wiley& Sons. Inc., New York.
• Mills, T. C., & Markellos, R. N. (2008). The econometric modelling of financial time series. Cambridge University Press.
• Harvey, A. C. (1993). Time Series Models’ Harvester-Wheatsheaf. New York.

Lecture: 30 Hours

Tutorial :15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 3

Pre-Requisites: ECON 2104.3, ECON 2204.3

Compulsory/Optional:  Optional

The main objective of this course unit is to help students to develop hands-on skills and experience in computational economics for the analysis of data and make confident them to work with digital environment

Recommended Readings

• Shelly, G. B., Pratt, P. J., & Last, M. Z. (2010). Microsoft Access 2010: Comprehensive. Cengage Learning.
• Collison, S., Budd, A., & Moll, C. (2017). CSS Mastery: Advanced Web Standards Solutions. APress.

Lecture: 30 Hours

Tutorial :15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 3

Pre-Requisites: ECON 2202.3

Compulsory/Optional:  Optional

This course aims to study the role and nature of the government sector in the economy, principles of taxation, tax equity, incidence and excess burden of taxes, structure of taxes in the economy, role of personal, corporate, sales and wealth taxes, and the economics of the public debt.

 Recommended Readings

• Prichard, W. (2016). Taxation, statebuilding and accountability: A synthesis.ICTD Summary Brief 4.Brighton: International Centre for Tax and Development
• Prichard, W. (2010). Towards a governancefocused tax reform agenda.IDS Working Paper 341. Brighton: Institute of Development Studies
• Brautigam, D. (2008). Introduction: taxation and state-building in developing countries. In: Taxation and State-Building in Developing Countries (D. Brautigam et al. eds). Cambridge, UK:Cambridge University Press
• Moore, M. (2015).Tax and the governance dividend.ICTD Working Paper 37.Brighton: International Centre for Tax and Development

Lecture: 30 Hours

Tutorial :15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 3

Pre-Requisites: ECON 0099.3 (Phase I)

Compulsory/Optional: Compulsory

The main objective of the course is to provide students a practical knowledge on how to collect data, how to report them and how to contribute to the existing stock of knowledge.

 Recommended Readings

• American Psychological Association. (2010). Publication Manual of the American Psychological Association (Sixth edition). Washington, DC: Author.
• Kumar, R. (2005). Research Methodology: A step by step guide for beginners (Second ed.). Delhi: Pearson Education.
• Taylor, B., Sinha, G. & Ghoshal, T. (2007). Research Methodology: A Guide for Researchers in Management and Social Sciences. New Delhi: Prentice-Hall of India Pvt Ltd.

Lecture: 30 Hours

Tutorial :15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 1

Pre-Requisites: None

Compulsory/Optional: Compulsory

Institutional Awareness and Entrepreneurial Development is an excellent opportunity to discover what your knowledge is worth in the real world. You will learn a great many things about yourself that you will be able to use when you start looking for a job. You will also gain work experience in your field of study and will make contacts that may be useful when you begin looking for a job. For these reasons, an internship is often considered to be a bridge between your studies and the job market.

Lecture: 15 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 3

Pre-Requisites: None

Compulsory/Optional: Compulsory

The Internship Programme is a 3credit module designed for fourth year students following the Honours Degree in Economics. This programme is useful for students since it grants them the opportunity to gain work experience in an organization and to familiarize themselves with the working environment after the completion of their degree programme.

15 weeks

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 3

Pre-Requisites: ECON 2101.3

Compulsory/Optional:  Optional

This course introduces students to the theory of entrepreneurship and its practical implementation. It focuses on different stages related to the entrepreneurial process, including business model innovation, monetization, small business management as well as strategies that improve performance of new business ventures. Centered around a mixture of theoretical exploration as well as case studies of real-world examples and guest lectures, students will develop an understanding of successes, opportunities and risks of entrepreneurship.

Recommended Readings

• Massey, C. (Ed.) (2011). Managing the small firm in New Zealand. Pearson.
• Timmons, J. A., Gillin, L. M., Burshtein, S. L., & Spinelli, S. (2011). New venture creation.
• Osterwalder, A. & Pigneur, Y. (2010). Business model generation. Wiley.
• Blank, S. & Dorf, B. (2012). The startup owner’s manual: The step-by-step guide for building a great company. K&S Ranch.
• Ries, E. (2011). The lean startup: How today’s entrepreneurs use continuous innovation to create radically successful businesses. Crown Business.
• Audretsch, D. B., Falck, O., Heblich, S., & Lederer (Eds.) (2011). Handbook of research on innovation and entrepreneurship. Edward Elgar.

Lecture: 30 Hours

Continuous Assessments: 20%

Final Assessment: 80%

No: of Credits: 2

Pre-Requisites: ECON 2101.3, ECON 2201.3

Compulsory/Optional: Compulsory

The aim of this course unit is to develop student’s intellectual understanding of business strategy management, economics, and markets in which they operate and define, explain and illustrate marketing concepts, and understand the marketing strategies/plans.

Recommended Readings

• Hubbard, R., Garnett, A., Lewis, P., and O’Brien, A. (2018), “Essentials of Economics 4”, Fourth adaptation edition (4e), Pearson Australia
• Levitt Steven, D., & Dubner, S. J. (2005). Freakonomics: a rogue economist explores the hidden side of everything. New York: William Morrow.
• Stiglitz, J. E., Edlin, A. S., & De Long, J. B. (Eds.). (2011). The economists’ voice: top economists take on today’s problems. Columbia University Press.

Lecture: 30 Hours

Continuous Assessments: 20%

Final Assessment: 80%