BEC 4679: Independent Study in Business Economics (July 2025)

This is an extended analysis of the Research Methodology course, which synthesises the theories and applications the undergraduates have learnt in the previous semesters and the concurrent semester. The student has the autonomy to select a convenient research area and conduct a research study under the supervision of an appointed research supervisor(s). Through this course, the undergraduates are motivated to undertake independent learning. The objective of this compulsory course is to guide the students to apply the underlying principles in research methodology in Business Economics at individual, group, and institutional levels. This course enables the student’s capability to comprehend the problems inherent in empirical research, to critically evaluate reported research results, and to appreciate the necessity and value of the scientific method. Research Methodology, Microeconomics, Macroeconomics, Advanced Economics, Mathematical Economics, Managerial Economics, Monetary Economics, Development Economics, Financial Economics, Economics of Labour, Econometrics, International Trade and Payments and Environmental Economics are pre-requisites of this course.

BEC 4678: Internship Training (July 2025)

This advanced course intends to equip the undergraduates with the employability skills required for the graduation. This is a compulsory course which provides students with experience in employment throughout the study period. The objective of the course is to expose the students to real organisational work environment in operation. They are expected to obtain a high quality industrial or public sectorial training, which will assist in building up the level of confidence prior to graduation and to improve the employability of the graduates. Then, they are guided to present it competitively with well- ecognised employers such as Government institutes, Multinational corporate establishments, Private firms, International organisations, and NGOs as per their career progression plans. English for Business Economics, and Personal and Professional Development offered by the Department are the pre-requisites of this course.

BEC 4376: Contemporary Issues in Global Economy (July 2025)

This advanced course addresses some of the most important contemporary issues confronting the global economy and examines them both theoretically and empirically. This is a compulsory course under the Development Studies and International Economics and Business specialisations. The emphasis of the course will be on issues of contemporary relevance, rather than on historical evolution, including the environment, the process of economic development, poverty and inequality, free trade, and gender issues. The focus will be on the nature of these problems, potential solutions, and an exploration of the dimensions of these issues in the future. At the end of the course, students will be able to gain profound knowledge of contemporary global economic issues and potential solutions. The pre-requisite required for this course is International Trade and Payments.

BEC 4375: Money and Banking (July 2025)

The course is designed to provide an advanced knowledge of monetary policy designs and central bank practices. It examines monetary policy implementation process with special reference to Sri Lanka. This course is an extended analysis of Monetary Economics with the special focus on the practical aspect of monetary theories. This is a compulsory course under the Banking Studies specialisation. It covers topics of historical role and functions of central banks, international monetary system, modern role and functions of central banks, modern central bank mandates, future challenges for central banks, future central banking strategies and central banking in a systematic crisis. At the end of this course, students should have a practical understanding of the process of monetary policy implementation and its effect on the macroeconomy. Microeconomics, Macroeconomics and Monetary Economics are pre-requisites for this course.