Study Plan  
STUDY PLAN FOR BA HONS IN ECONOMICS
The study plan below is designed as a guide, based on a normal work load.
YEAR 1
Sem 1 AU Sem 2 AU Total AU
HW101 Craft of Writing 3 HW111 Mastering communication 3
HE101 Microeconomic Princples 3 HE102 Macroeconomic Principles 3
HE104A Introduction to Statistical Theory & Methods OR
HE104B Introduction to Probability & Statistical Inference
3
HE103 Basic Mathematics for Economists# 3 HE201 Intermediate Microeconomics 4
GER-PE1 or Unrestricted Elective (UE) 3 GER-PE2 3
HW001 English Proficiency (for students who did not pass QET)  0 UE 4  
Number of AU 15 17 32
# Students with A level qualification and have obtained at least a grade B in A level or H2 level mathematics or Further Maths or at least a grade 6 in HL Mathematics for IB qualifications, can apply for exemption.
YEAR 2 
Sem 1 Sem 2
HE202 Intermediate Macroeconomics 4 Econ-PE3 4
HE204A Intro Econometrics OR
HE204B Principles of Econometrics
4 Econ-PE4 4
Econ-PE5 4
Econ-PE1 4 GER-PE4 3
Econ-PE2 4 UE 4
GER-PE3 3      
Number of AU 19   19 38
See below for a guide to selection of Economics Prescribed electives.
YEAR 3        
Sem 1 Sem 2
HE312 Political Economy of East Asia or
HE410 Singapore Economy in a Globalized World##
4 Econ-PE8 4
Econ-PE6 4 Econ-PE9 4
Econ-PE7 4 Econ-PE10 4
GER-PE5 3 UE 4
UE 4 UE 4  
Number of AU 19   20 39
## HE410 is a core course for Econ YOA 2009 and thereafter.
YEAR 4        
Sem 1 Sem 2
HE499 Graduation Project or two 400-level PEs 8 Econ-PE12 4
Econ-PE11 4 Econ-PE13 4
UE 4 UE 4
UE 4 UE 4
Number of AU 20 16 36
Grand Total       145
 
(1) Choosing between HE104/204A and HE104/204B
Both HE104A and HE104B provide the statistical foundation for the higher level econometrics courses. Sequence A (of HE104 and HE204) is more applied while sequence B is more theoretical. Sequence B is aimed at students with a strong background in mathematics and who also wish to pursue theoretical econometrics.
It is recommended that students taking the B sequence should have at least grade B in A-level C mathematics or equivalent.
Additional Mathematics at the O-level should provide sufficient mathematical background for HE104A.
Students who take HE104B may take HE204A in year 2.
Students who take HE104A usually take HE204A.However students who obtain grade A or a strong B grade for HE104A have the option of taking HE204B in year 2, subject to approval by the course coordinator.
(2) A Guide to Selection of Economics Prescribed Electives
The economics electives are divided into 2 groups: A and B. Students must select at least 4 out of 7 courses listed in group A and up to 9 from group B, as prescribed electives. Students, unless they are reading a second major, are strongly advised to take more than the required 13 economics PEs, using their unrestricted GER.

Group A courses represent the major fields of economics while group B consists of more specialized field courses, quantitative courses and advanced economic theory courses.

The choice of courses will depend on the student's career plans and also whether he/she intends to pursue graduate studies in economics. Although students can take any combination of economics electives, they are encouraged to make their selection based on an area of concentration.

3 possible areas of concentration are:

(1)      Development and Public Policy
(2)      Finance and Business
(3)      Quantitative Economics

Selection of Group A courses

HE205 International Trade
HE206 International Monetary Economics
HE207 Money and Banking
HE208 Public Finance
HE209 Industrial Organisation
HE210 Development Economics
HE211 Labour Economics and Labour Relations

Students interested in development and public policy will find every Group A course relevant, while courses focusing on finance and business would take at least Money & Banking, International Trade, International Monetary Economics and Industrial Economics. In general, Group A courses are useful to all economics majors.

Selection of Group B courses

The list of courses recommended for each area of concentration is given below, as a guide. The list for each group is not compulsory (students need not take all), nor is it exhaustive, i.e. students need not limit themselves to the courses listed in a particular group only.

(1) Development and Public Policy

HE212 Economic Thought
HE220 Survey Methods & Sampling Design
HE303 The Chinese Economy
HE304 Health Economics
HE305 Environmental Economics
HE306 Urban & Transport Economics
HE309 Population Economics
HE310 Energy Economics
HE311 Cost-benefit Analysis
HE320 Applied Econometrics
HE322 Econometric modelling & forecasting
HE401 Advanced Microeconomics
HE402 Advanced Macroeconomics
HE410 Seminar on the Singapore Economy

(2) Business & Finance

HE213 Internet Economics
HE220 Survey Methods & Sampling Design
HE302 Game Theory & Applications to Social Sciences
HE303 The Chinese Economy
HE307 Financial Economics
HE320 Applied Econometrics
HE322 Econometric modelling & forecasting
HE401 Advanced Microeconomics
HE402 Advanced Macroeconomics
HE403 Advanced International Finance
HE410 Seminar on the Singapore Economy
HE404 Behavioural Economics
HE410 Seminar on the Singapore Economy

(3) Quantitative Economics
HE301 Mathematical Economics
HE302 Game Theory & Applications to Social Sciences
HE320 Applied Econometrics
HE321 Intermediate Econometrics
HE401 Advanced Microeconomics
HE402 Advanced Macroeconomics
HE403 Advanced International Finance
HE405 Growth Theory and Empirics
HE420 Econometric Time Series Analysis
HE421 Advanced Econometrics

For students planning to pursue graduate studies in economics, the concentration in Quantitative Economics is strongly recommended.