Students who would like to graduate with a Second Major in Economics are required to pass at least 40 units of EC-coded or EC-recognised courses which include the following:

(1) EC1101E Introduction to Economic Analysis(see Note 1)
(2) EC2101 Microeconomic Analysis I
(3) EC2102 Macroeconomic Analysis I (see Note 2)
(4) EC2104 Quantitative Methods for Economic Analysis (see Note 3)
(5) EC2303 Foundations for Econometrics (see Note 4)
(6) EC3101 Microeconomic Analysis II
(7) EC3102 Macroeconomic Analysis II
(8) EC3303 Econometrics I (see Note 5)
(9) A minimum of 16 unitss of EC courses at level-3000 or higher (including EC3101, EC3102 and EC3303)
(10) A maximum of 8 units of EC-recognised courses (double counting) for Major programme (see Note 6)

Important Notes:

Note 1: BSP1703 and RE1704 preclude EC1101E. Students who have passed BSP1703 or RE1704 need not read EC1101E. BSP1703 or RE1704 is an EC-recognised course that can be counted towards the requirements of the Second Major in Economics programme.

Note 2: BSE3701 precludes EC2102. Students who have passed BSE3701 need not read EC2102. BSE3701 is an EC-recognised course that can be counted towards the requirements for the Second Major in Economics programme.

Note 3: Any MA course that is not MA1301/MA1301FC/MA1301X or MA1311 or MA1312 or MA1421 or any 2 units MA courses is a preclusion to EC2104. Students who have passed any MA course that is not MA1301/MA1301FC/MA1301X or MA1311 or MA1312 or MA1421 need not read EC2104. Students who have passed any MA course that is not MA1301/MA1301FC/MA1301X or MA1311 or MA1312 or MA1421 are required to read any level-2000 or level-3000 EC elective or EC-recognised course to meet the minimum of 40 units of EC-coded or EC-recognised courses for the Second Major in Economics programme. Students who have passed EC2104 are not allowed to count more than one level-1000 MA course together with EC2104 towards the Economics major requirements.

Note 4: All ST courses, DSC1007/DSC1007X, MA2216 are preclusion courses for EC2303. Students who have passed any ST course or DSC1007/DSC1007X or MA2216 need not read EC2303. Students who have passed any ST course or DSC1007/DSC1007X or MA2216 are required to read any level-2000 or level-3000 EC-coded elective or EC-recognised course to meet the minimum of 40 units of EC-coded or EC-recognised courses for the Second Major in Economics programme. Please note that ST1131 and EC2303 cannot be counted as two 4-units courses for the fulfilment of the Second Major in Economics requirements.

Note 5: ST3131 is a preclusion to EC3303. Students who have passed ST3131 need not read EC3303. ST3131 is an EC-recognised course that can be counted towards the requirements for the Second Major in Economics programme.

Note 6: Business students (except Business students who specialised in Business Economics) and Business Analytics students with Second Major in Economics should contact their Home Faculty to enquire the maximum units of double counting applicable to them.

Note 7: Business students who specialised in Business Economics are not allowed to declare the Second Major in Economics programme.

EC-RECOGNISED COURSES FOR THE ECONOMICS SECOND MAJOR PROGRAMME

Students may read and count a maximum of 8 units of EC-recognised courses towards the Economics Second Major programme. These courses are not applicable to students pursuing the Minor in Economics programme.

ACC1701/ACC1701X Accounting for Decision Makers
BSE3701 Macroeconomic Principles in the Global Economy
BSP1703/BSP1703X Managerial Economics
BSS4003A Special Sem in Business: Innovation and Productivity or BSN4811 Innovation and Productivity or BSN4811A Innovation and Productivity (with Econometrics) – 5 units
BT1101 Introduction to Business Analytics
MA1101R / MA2001 Linear Algebra I
MA1102R / MA2002 Calculus
MA1505 Mathematics I
MA1506 Mathematics II
MA1507 Advanced Calculus
MA1508 Linear Algebra with Applications
MA1508E Linear Algebra for Engineering
MA1511 Engineering Calculus (2 units)*
MA1512 Differential Equations for Engineering (2 units)*
MA1513 Linear Algebra with Differential Equations (2 units)*
MA1521 Calculus for Computing
MA2108 Mathematical Analysis I
MA3110 Mathematical Analysis II
ST1131 Introduction to Statistics (refer to Note 4)
ST2131 / MA2216 Probability
ST3131 Regression Analysis
PE4101E Political Economy of Money
PE4102E Institutions and Political Economy
PP5141 The Economic and Evolutionary Foundations of the Singapore Story
RE1704 Principles of Real Estate Economics
RE2705 Urban Economics

*Students are required to complete at least two of the three 2-units courses in place of one level-2000 elective (4 units). Students will be able to count only a maximum of 4 units towards the major requirements even though they have completed all three 2-units courses.