The course aims at providing students with a theoretical and systematic understanding of the latest development and public policies of Hong Kong’s major economic sectors. These activities would include banking and finance, property and construction, industry, telecommunications, aviation and logistics, tourism, public utilities and the government sector. Policy reactions under the recent financial crisis and economic downturn will be analysed. Their impacts on Hong Kong’s economic restructuring will be examined. Focus would also be placed on Hong Kong’s economic integration with the Pearl River Delta and relevant policy issues. Special emphasis will be given to the usage of empirical analysis to evaluate the impact of economic policies.