| 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. |