Economics

Study mode:On campus Study type:Full-time Languages: English Korean
Foreign:$ 1.81 k / Semester(s) Deadline: Feb 1, 2025
60 place StudyQA ranking:8181 Duration:6 semestrs

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The fundamental question of economics centers on how limited resources can be efficiently distributed. Thus, pursuit of economic efficiency, achieving equal distribution, and promoting effective economic development are central issues in Economics. The main focus in the field of Economics is to theoretically, historically, and practically understand how these issues are being solved in the current economic situation. The research areas in our field range broadly from basic necessities, transportation, and environment to education, information and technology revolution.

Research areas in Economics broadly include microeconomics, macroeconomics, international economic theory, economic history, and econometrics. More specifically, research subjects studied by economists include: industrial organizational theory, game theory, finance, public economics, financial economics, labor economics, contract economics, information economics, monetary theory, economic development theory, international trade theory, international finance theory, technology economics, economic development and strategy, industrial economics, economics of catch-up, transitional economy and economic system, history of Korean economy, history of Western economy, history of economics thoughts, economic statistics, and econometrics.

  • Introductory Statistics for Economists
  • Exercises in Economics 1
  • Microeconomics
  • Principles of Economics 1
  • Dynamic Macroeconomics
  • Macroeconomics
  • Microeconomics
  • Mechanism Design
  • Introductory Statistics for Economists
  • Principles of Economics 2
  • Mathematics for Economist
  • Econometrics
  • International Economics
  • Health Economics
  • Human Life and Economy
  • Industrial Organization
  • Theory of Microfinance
  • Oriental Econmic History
  • Labor Economics
  • Economic History
  • Introduction to Modern Economy
  • Seminar on Industrial Economy
  • Public Finance
  • Mathematics for Economist
  • Experimental Economics
  • Marxian Economics
  • Introduction to the Political Economy
  • Introduction of Economics
  • Money and Finance
  • Introduction to Market Economy
  • Environmental Economics
  • Stocks, Bonds and Financial Derivatives: Theory and Institution
  1. Online application
  2. Either proof of Korean or English proficiency is required;     1) Korean Proficiency: TOPIK level 3 or higher     2) English Proficiency: TOEFL (PBT 550, CBT 213, iBT 80), TEPS 551, IELTS 5.5 or higher     3) Other official documents indicating proof of language proficiency (ie. SNU Korean Language Center Level 4 or higher)
  3. Personal Statement and Study Plan
  4. Letter of Recommendation
  5. Counselor Reference
  6. Official High School Transcript and Graduation Certificate
  7. A Copy of the Applicant’s Passport
  8. Certificate of Facts concerning the Entry and Exit
  9. Portfolio, Records of Achievement, etc.
  10. Agreement for Verification of Academic Record

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

  • ✔️ Flexible study schedule
  • ✔️ Experienced teachers
  • ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

If you wish to apply for the scholarship program, please fill out the scholarship application form every semester. Application period:

  • During November(1st semester)
  • During May(2nd semester)

New  Student (Merit scholarship)

  • Funding: Fully funded or partially funded (admission fee + tuition 10%)
  • Eligibility: New undergraduate student (Full fund – 2 by college (excluding science and engineering);

Partial fund – selected within the 30% of the registered students)

Current Student (Merit scholarship)

  • GPA requirement: Completed more than one semester; 3.6 GPA or higher (average of all semesters)
  • Funding: Fully funded
  • Eligibility: Undergraduate student (selected from the allotted pool)

International Student Scholarship:

  • GPA requirement: 2.4 GPA or higher (average of the previous semester)
  • Funding: Tuition and fees (partial or fully funded)
  • Eligibility: International student in the government-funded (government-invited) scholarship, international

    student (self-funded), Korean student living overseas and studying in Korea (undergraduate and graduate course)

SNU Foundation Scholarship:

  • GPA requirement: 2.7 GPA or higher (average of the previous semester)
  • Funding: Tuition and fees (partial or fully funded)
  • Feature: Scholarship funded by some 200 funds created by Seoul National University Foundation
  •  

The following is the scholarship programs offered for undergraduate applicants. Students may apply for the programs before or during the admission application period. Applicants may find program details via this website http://en.snu.ac.kr/apply/info or supporting organizations.

Korean Government Scholarship Program (KGSP)

Eligibility

  • International applicants who wish to apply for 4-year undergraduate programs of SNU.
  • * Those who wish to study in the programs longer than 4 years – such as medicine, veterinary medicine, pharmacy, and architecture – cannot apply for this scholarship.

Number of Recipients

  • Approximately 20~40 every year

Subsidies

  • Full tuition fee: tuition exemption for 8 semesters
  • Living expenses: 800,000 KRW per month
  • Airfare: one economy round trip
  • Korean language training fee: one year
    * Korean language training is mandatory and when the student does not achieve TOPIK grade 3 within a year, she/he is not eligible to enter the degree program.
  • Others: medical insurance, settlement and returning expenses

Application Period

  • September

Selection Procedure

  • Applicants submit applications for this program to Korean embassies in their countries ⇒ the embassies make the first selection ⇒ the National Institute for International Education make the final selection

Contact

  • SNU staff in charge: 82-2-880-6971, sck590@snu.ac.kr

Reference

  • NIIED: http://www.studyinkorea.go.kr (English version) ⇒ GKS ⇒ Introduction to the projects ⇒ Korean Government Scholarship Program
  • 2016 KGSP Guideline Download

Overseas Koreans Scholarship

Eligibility

  • Overseas Korean students who wish to take undergraduate degrees at SNU

Number of Recipients

  • Approximately 5 students

Subsidies

  • Full tuition exemption for a maximum of 8 semesters
  • Living expenses: 800,000 KRW per month
  • Airfare for one economy round trip
  • Korean language training fee: fee exemption at the Language Education Institute for 8 months
  • Medical insurance fees

Application Period

  • March

Selection Procedure

  • Applicants submit applications to Korean embassies in their countries ⇒ the embassies make the first selection ⇒ the Overseas Koreans Foundation make the second selection

Contacts

  • SNU staff in charge: 82-2-880-2519, intlscholarship@snu.ac.kr
  • Overseas Koreans Foundation: 82-2-3415-0174, ljh@okf.or.kr
    * The latest announcement on this scholarship can be found only via the foundation’s website.

Reference

  • Overseas Koreans Foundation: http://scholarship.korean.net (Korean)
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