Requirements for Economics Major

The information below is for students who matriculated in Academic Year 2018/19 and after.

For students who matriculated in Academic Year 2016/17 and Academic Year 2017/18, please click here.

Single Major [B.Soc.Sci. (Hons.)]

Students who wish to major in Economics for the B.Soc.Sci. (Hons) degree are required to read and pass EC1101E Introduction to Economic Analysis. EC1101E will be counted towards the FASS Exposure (Social Sciences) or Unrestricted Electives (UE) requirement.

EC Major students must accumulate at least 84 MCs of EC-coded or EC-recognised modules, which must include the following:

(1)  EC2101 Microeconomic Analysis I
(2)  EC2102 Macroeconomic Analysis I
(3)  EC2104 Quantitative Methods for Economic Analysis (see Note 1)
(4)  EC2303 Foundations for Econometrics (see Note 2)
(5)  EC3101 Microeconomic Analysis II
(6)  EC3102 Macroeconomic Analysis II
(7)  EC3303 Econometrics I (see Note 3)
(8)  EC3304 Econometrics II
(9)A minimum of 40 MCs of EC modules at level-4000 or higher
(10)A maximum of 2 level-5000 EC modules (subject to department’s approval)
(11)A maximum of 8 MCs of EC-recognised modules for major programme

(a)   To be on the Honours track, students must have completed 110 MCs, including 44 MCs in the Major, with a CAP of 3.2 and above.

(b)   EC4401 Honours Thesis (15 MCs) is optional. To qualify for the Honours Thesis, students must have completed 110 MCs including 44 MCs of EC major requirements with a minimum SJAP of 4.0 and CAP of 3.5. In order to obtain Honours (Highest Distinction), students must achieve a CAP of 4.5 or higher AND a Pass Grade in the Honours Thesis.

(c)   Students who do not attempt the Honours Thesis will read level-4000 or higher EC modules to fulfil the Honours Requirements.

(d)   Students may also read a level-4000 Independent Studies Module (5 MCs). The level-4000 ISM carries a pre-requisite of 100 MCs completed, including 44 MCs in the Major with a minimum CAP of 3.2. It precludes the Honours Thesis.

(e)   All level-4000 modules carry a general pre-requisite of having completed 80 MCs, including 28 MCs in the Major, with a minimum CAP of 3.2 OR being on the Honours track (some level-4000 modules may have different pre-requisites).

Single Major (B.A.)

Students who wish to major in Economics for the B.A. degree are required to read and pass EC1101E Introduction to Economic Analysis. EC1101E will be counted towards the FASS Exposure (Social Sciences) or Unrestricted Electives (UE) requirement.

EC Major students must accumulate at least 44 MCs of EC-coded or EC-recognised modules, which must include the following:

(1) EC2101 Microeconomic Analysis I
(2) EC2102 Macroeconomic Analysis I
(3) EC2104 Quantitative Methods for Economic Analysis (see Note 1)
(4) EC2303 Foundations for Econometrics (see Note 2)
(5) EC3101 Microeconomic Analysis II
(6) EC3102 Macroeconomic Analysis II
(7) EC3303 Econometrics I (see Note 3)
(8) A minimum of 20 MCs of EC modules at Level-3000 or higher (including EC3101, EC3102 and EC3303)
(9)A maximum of 8 MCs of EC-recognised modules for major programme

Note 1: Students who have passed any MA module that is not MA1301 or MA1311 or MA1312 or MA1421 or any 2 MCs MA modules are allowed to read any level-2000 or level-3000 EC elective or EC-recognised module in lieu of EC2104. Likewise, not more than one level-1000 MA module can be used together with EC2104 for fulfilling major requirements.

Note 2: Students who have passed any ST module or MA2216 or DSC1007 or DSC1007X are allowed to read any level-2000 or level-3000 EC elective or EC-recognised module in lieu of EC2303. Please note that ST1131 is a preclusion to EC2303. Therefore, ST1131 and EC2303 cannot be counted as two 4-MC modules for the fulfilment of the Economics major requirements.

Note 3: ST3131 is a preclusion to EC3303. Students who have passed ST3131 need not read EC3303. ST3131 is an EC-recognised module that can be counted towards the requirements for the Economics major requirements.

EC-recognised modules for MAJOR Programme, maximum of 8MCs

(These modules are NOT applicable to students pursuing the Minor Programme)

BSS4003A Special Sem in Business: Innovation and Productivity or BSN4811 Innovation and Productivity or BSN4811A Innovation and Productivity (with Econometrics) – 5MCs
BT1101 Introduction to Business Analytics
MA1101R Linear Algebra I
MA1521 Calculus for Computing / MA1102R Calculus
MA1505 Mathematics I
MA1506 Mathematics II
MA1507 Advanced Calculus
MA1508 Linear Algebra with Applications
MA2108 Mathematical Analysis I
MA3110 Mathematical Analysis II
ST1131 Introduction to Statistics
ST2131 / MA2216 Probability
ST3131 Regression Analysis
PP5141 The Economic and Evolutionary Foundations of the Singapore Story

With effect from Cohort AY2017/2018
ACC1701X Accounting for Decision Makers
BSE3701 Macroeconomic Principles in the Global Economy
BSP1703 Managerial Economics
MA1508E Linear Algebra for Engineering
MA1511 Engineering Calculus (2MC)*
MA1512 Differential Equations for Engineering (2MC)*
MA1513 Linear Algebra with Differential Equations (2MC)*
RE1704 Principles of Real Estate Economics
RE2705 Urban Economics

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