Second Major in Economics

| Curriculum

Second Major in Economics

Eligibility Criteria
Students with cGPA score of 4.0 and above will be invited to apply for the Second Major programme at the end of their first year of study.


Students who choose to pursue a Second Major in Economics are required to complete and pass 5 core courses and at least 6 prescribed electives.

Students are to select ANY courses from this list to fulfill the prescribed electives requirement of the second major.

AY2020 intake and before (non-ICC curriculum)

​​​​​​​The 5 compulsory core courses must be read in NTU.

Students can clear a maximum of 2 Economics Electives during their exchange semester.

Students are not allowed to S/U the courses if they wish to fulfill the second major requirement.

AY2021 intake and after (ICC curriculum)

Up to 12 AUs of courses can be non-letter graded. (S/U grading or Pass/Fail grading)

A: 5 compulsory courses - must be read in NTU, but S/U option may be utilised.

B: 6 prescribed electives - can be read either in NTU or during exchange (S/U grading or Pass/Fail grading)

Total AUs utilised for non-letter grading (A+B) cannot exceed 12 AUs.

​5 Compulsory Core Courses ​(applicable to AY2020 intake and before)
​Course Code​Course TitleAUs​
​HE5091Principles of Economics​ (old course code HE9091)​3
​MH1820Introduction to Probability and Statistical Methods (replaced HE1004)​3
​HE2001Intermediate Microeconomics​ / Microeconomics II​3
​HE2002​Intermediate Macroeconomics / Macroeconomics II​3
​HE4010Sing​apore Economy in a Globalised World​4


5 Compulsory Core Courses (applicable to AY2021 intake and after)
Course CodeCourse TitleAUs
HE1001Microeconomics I3
HE1002Macroeconomics I3
HE2001Microeconomics II3
HE2002Macroeconomics II3
MH1820Introduction to Probability and Statistical Methods3

​6 Prescribed Electives ​ ​
1​​4 Level-2000/3000 courses12 AUs​
2​​2 Level-4000 courses8 AUs