Specialisations in B.Soc. Sci. (Hons)


The Department of Economics is offering three specialisations with the Economics Honours programme. The specialisations are applicable to students who have declared Economics as their first major and who are on the Economics Honours track. Students may declare a maximum of two specialisations. Declaration of specialisation(s) is optional. Students may choose to graduate with the B.Soc.Sci (Hons) with no specialisation or with specialisation(s).The specialisation(s), if applicable, will be noted in the student’s official transcript.

Students may map a maximum of 8MCs of EC-coded level-3000 modules from NUS Student Exchange Programmes (SEP) for each of the specialisations. Please note that the modules mapping and credit transfer of the 8MCs is applicable to EC-coded level-3000 modules only. Students are still subjected to the minimum of 60% of the Major requirements which must be completed at NUS.

Students who wish to declare specialisation(s) may do so in Semester 1 or Semester 2 of their fourth year of studies through the EduRec system (Academics → Academic Plan Application/Declaration). The declaration page is open to students who have been promoted successfully to SOC4. It is not available to ARS1, ARS2, and ARS3 students.

Students may declare the specialisation(s) during the university-wide academic plan declaration period. Students are allowed to declare the specialisation(s) only during the declaration period when the declaration page is available.

Students who have declared specialisation(s) are not allowed to change their declaration within the same semester once it has been submitted. For example, if you have declared specialisation(s) in Semester 1, you may change your declaration in Semester 2. Students are not allowed to change their specialisation(s) after declaring it in Semester 2. It is important to note that any change in specialisation(s) may have an impact on the student’s candidature.

Students are required to complete a set of modules applicable to each of the specialisations. Please note that only EC-coded modules are recognised towards the specialisations. As specialisations are a subset of the Major, all modules must be from the Major and as such must be EC-coded modules Students who have completed cross-faculty modules (non EC-coded modules) which are preclusions to the EC-coded modules would not qualify for the relevant specialisations.


Students are required to complete 24MCs of modules comprising:

(i) Any one of the following (4MC):
- EC3312 Game Theory and Applications
- EC3314 Mathematical Economics

(ii) EC4301 Microeconomic Analysis III (5MC)

(iii)EC4302 Macroeconomic Analysis III (5MC)

(iv) Any two of the following (10MC):
- EC4303 Econometrics III
- EC4304 Economic and Financial Forecasting
- EC4308 Machine Learning and Economic Forecasting
- EC4311 Mathematical Economic Analysis
- EC4313 Search Theory and Applications
- EC5104R Mathematical Economics


Students are required to complete 27MCs of modules comprising:

(i) EC3332 Money and Banking I (4MC)

(ii) EC3333 Financial Economics I (4MC)

(iii)EC3343 International Finance I (4MC)

(iv) Any three of the following (15MC):
- EC4302 Macroeconomic Analysis III
- EC4307 Issues in Macroeconomics
- EC4331 Monetary Economics and Policy
- EC4332 Money and Banking II
- EC4333 Financial Economics II
- EC4334 Financial Micromarket Structure
- EC4343 International Finance II


Students are required to complete 24MCs of modules comprising:

(i) Any one of the following (4MC):

- EC3351 Public Finance
- EC3342 International Trade I
- EC3361 Labour Economics I
- EC3381 Urban Economics
- EC3396 Economic Analysis of Law I

(ii) EC4305 Applied Econometrics OR EC5326R Policy Impact Evaluation Methods (5MC)

(iii) Any three of the following (15MC):

- EC4324 Economics of Competition Policy
- EC4325 Economics of Digital Platforms
- EC4351 Public Economics
- EC4352 Singapore Economy: Practice and Policy
- EC4353 Health Economics
- EC4354 Economics of Education
- EC4355 Economics of Ageing
- EC4342 International Trade II
- EC4361 Labour Economics II
- EC4362 Immigration Economics
- EC4371 Development Economics
- EC4372 Technology and Innovation
- EC4382 Transport Economics
- EC4383 Environmental Economics and Policy
- EC4387 Housing Economics
- EC4391 Economics of Entrepreneurship
- EC4398 Economics of Inequality
- EC4399 Behavioural Public Policy