Economics was the earliest subject offered by the School of Humanities and Social Sciences, the predecessor of the School of Social Sciences. It is supported by a large mix of local and international faculty, all of whom have PhDs from renowned universities from around the world. Faculty members contribute and participate regularly in major international conferences and have served as consultants to prominent international organisations such as the United Nations, World Bank, International Monetary Fund and Asian Development Bank.
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The Economics faculty members are actively involved in research in many fields of theoretical and applied economics. These include the Economies of China and East Asia; Singapore and ASEAN Economies; Financial Economics; Population; Labour Economics; Industrial Relations; Public Sector Economics; Health and the Ageing Population; Game Theory; Urban Economics; Environmental Economics; and many other areas of Economics.
The Economic Growth Centre (EGC) was founded by Emeritus Professor of Economics Lim Chong Yah, set up by the Division of Economics, and launched in 2005 by the NTU President Dr. SU Guaning. Envisioning to advance research in applied economics and to train the next generation of economic policy researchers who specialize in Singapore and [Asian Pacific] Economy as well as future Asia Pacific leaders, EGC has organized  seminars, offered platform for academic exchange by hosting  scholars, and published  working papers over the past 12 years.