Frequently Asked Questions
Economics
"Economics modules" are offered only as electives as part of a general BBA programme, i.e. students do not major in economics.
The modules offered by the School of Business contain little economics-related concepts. With the exception of BSP2001 (Macro and International Economics), the other modules offered focus on the process of decision-making within a business organisation, for example managerial economics and corporate finance. This coverage forms only a minor part of the study of economics.
The NUS Economics programme is extremely flexible:
- Students in FASS are given one year to decide whether economics is the subject they want to major in.
- They can choose to do a BA degree or attempt the BSocSci Honors programme.
- They can choose if they want to write the Honours Thesis.
NUS has a mixture of depth and breadth.
NUS offers a great range of electives and many modules at a more advanced level, for example Financial Economics II and Labor Economics II. We also offer modules in recently developed fields such as Behavioral Economics and Law and Economics.
Applied Economics
- Focuses on how ideas in economics are applied.
- Designed specifically to train students who plan to hold jobs which require the use of economic principles.
- Theoretical foundation is of secondary importance.
- Has less core theoretical modules, and more applied modules.
Economics
- Places an equal emphasis on both economic theory as well as its applications.
- Provides a more complete understanding of the subject.
Yes, the Double Major in Economics and Mathematics/Applied Mathematics programme, provides an additional and more streamlined avenue for students of one department to do a second major in the other department.