This course provides students with an understanding of the modern Macao economy. Emphasis will be placed on the economic development in the past twenty years. Sectoral analysis includes the dominant tourism, manufacturing, construction, and banking. Current issues such as structural change of the economy will be discussed.

CILO-1: Identify and discuss the key sectors that drive the Macao economy, including gaming and tourism, manufacturing, construction, banking, and housing markets, and their roles in shaping the Macao's economic development over the past three decades. CILO-2: Analyze the current economic issues facing Macao, such as structural change, inflation, and unemployment, and evaluate the potential implications for the country's future economic growth and development. CILO-3: Assess the impact of external factors on the Macao economy, including global economic trends and policies, regional trade agreements, and geopolitical events, and identify potential opportunities and challenges for the Macao's economic development in the future. CILO-4: Describe the economic policies and strategies that have been implemented by the Macao government to promote economic growth and stability, and evaluate their effectiveness in addressing the country's economic challenges and achieving its development goals.