The undergraduate Economics programme at NTU is distinguished by its emphasis on applications and policy.
The curriculum offers robust training in economic theory and statistical methods and offers a wide choice of Economics courses to suit students' interests and mathematical aptitude. Economics electives cover all the significant fields of economic knowledge as well as recent developments in areas such as Internet Economics and Behavioural Economics.
It is a powerful discipline that cuts across interdisciplinary landscapes of business, health, human behaviour, technology, and society. The curriculum emphasises a solid and rigorous foundation in microeconomics, macroeconomics, and econometrics in theory and with applications to policy and practice.
ECON courses offered for Semester 1, AY2024/2025
Course Code | Course Title | ||
AY2020-21 intake & before | AY2021-22 intake & after | ||
HE1001 | Microeconomics I | ||
HE1002 | Macroeconomics I | ||
HE1004 | Mathematics for Economists | ||
HE2003 | Econometrics I | ||
HE3001 | Microeconomics III | ||
HE3002 | Macroeconomics III | ||
HE3601 | HE3004 | Mathematics for Economists II | |
HE3010 | Money & Banking | ||
HE3020 | International Economics | ||
HE2021 | HE3022 | Public Economics | |
N.A. | HE3023 | Labour Economics | |
HE3005 | HE3024 | Environmental Economics | |
HE3027 | Housing Economics | ||
HE2022 | HE3031 | Industrial Organisation & Business Strategies | |
HE3602 | HE3032 | Game Theory | |
HE3603 | HE3033 | The Chinese Economy | |
HE3112 | Financial Accounting for Economists | ||
HE3125 | Economics of Mental Health & Wellbeing | ||
HE4040 | Behavioural Economics | ||
HE4044 | Growth Theory & Empirics | ||
HE4045 | Quantitative Economic Modeling with Data Science Applications | ||
HE4140 | Experimental Economics | ||
HE5091 | Principles of Economics |
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HE3005_HE3024 Environmental Economics (pdf)
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HE3010 Money and Banking (pdf)DownloadHE3010 Money and Banking (158 KB)
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HE3012 Financial Economics (pdf)DownloadHE3012 Financial Economics (117 KB)
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HE3016 Principles of Mathematics Finance (pdf)
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HE3020 International Economics (pdf)
GP is compulsory for students with cGPA of 3.90 and above to be eligible for Honours (Distinction) and Honours (Highest Distinction).
Students are to source for their own supervisor and have a tentative GP topic that has to be agreed upon amongst the supervisor and all group members. To find out the research interests of our faculty staff, you may click here.
Students are to read GP over 2 consecutive semesters.
Successfully registered students for HE4099 are therefore not allowed to apply for semester leave or go on any exchange programme, while they are registered for HE4099.
The aim of GP is to train students to carry out independent research in economics. The project can be theoretical or empirical in nature. Students will select a topic, and with the guidance of a supervisor, develop a proposal that is mutually agreed upon the supervisor and all group members.
The project proposal will serve as a blueprint for the group and helps to ensure that the proposed research topic is adequately defined and feasible. The proposal is a one-page write-up to include the following content:
(1) Title of the project,
(2) Main objective of the study or research,
(3) Methodology,
(4) Planned schedule for project completion.
Students are to fulfill ALL requirements for GP.
For AY2020-21 intake and before
Criteria | Economics Major | Double Major |
---|---|---|
1 | Completed sufficient AUs to be classified as a Year 4 student (assuming you clear all the registered courses by the end of the applying semester) | |
2 | Completed 6 Economics Core Courses & at least 8 Economics Major Prescribed Electives by the end of the applying semester (assuming that you pass all current courses). | Completed ALL Economics Core courses and at least 5 Economic Major Prescribed Electives. |
3 | cGPA must be 3.90 and above. |
For AY2021-22 intake and after
Criteria | Economics Major | Double Major |
---|---|---|
1 | Completed sufficient AUs to be classified as a Year 4 student (assuming you clear all the registered courses by the end of the applying semester) | |
2 | Completed all Economics Core Courses & at least 7 Economics Major Prescribed Electives by the end of the applying semester (assuming that you pass all current courses). | Completed ALL Economics Core courses and at least 5 Economic Major Prescribed Electives. |
3 | cGPA must be 3.90 and above. |
(1) *Early Registration - Duration of GP is from the start of Year 3 Semester 2 to the end of Year 4 Semester 1.
*An early registration applies to students whom at the time of application are in Year 3 Semester 1. Students who satisfy GP requirements may seek permission to do an early registration. Students can opt to read HE4099 when their
Year 3 Semester 2 commences, if they have met all eligibility requirements stated above and have made satisfactory arrangements in forming a project group and seeking appropriate supervision.
Application Procedure
Specific procedure and instructions for application will be relayed to students via email. When applying, students are to ensure the following:
(1) Registration Form is filled completely and accurately
(2) Degree Audits of all 3 members are included
(3) Each group is to have strictly 3 members
- Ethics Review Form - All research conducted by NTU staff and students involving the use of human subjects (or human participants) must be reviewed and approved by the NTU's Institutional Review Board (NTU-IRB) before they are conducted.
- Opt-out Form
Important Dates
1. The deadline for submission of e-copy of the Final Report and Executive Summary will be advised by the Economics office upon official approval to read HE4099.
2. On Week 14 (one week after the final teaching week of the semester, before the exam period), only the Final Report needs to be uploaded to NTU Library.
Submission of Final Reports to UG Economics
- Submission of e-copy to the Library
- All materials uploaded to Library Digital Repository, DR-NTU, comply with the Personal Data Protection Act (PDPA). Personal data such as NRIC, Address, Contact Numbers, etc. should be removed.
- If there are confidentiality concerns, the students may ask for an exemption. They need to ask their GP supervisor to endorse their request and inform the Library.
For enquiries on DR-NTU submission, address them to [email protected]. Read the DR-NTU SubmissionGuideline to understand the submission process.
If the GP needs to be embargoed for a specific period, it is possible to set embargo dates in DR-NTU.
If an embargo or exemption is needed, students need to follow these 5 simple steps:
- Fill in the request form.
- Get your supervisor to sign and endorse your request form.
- Email the completed request form to NTU Library at [email protected] and copy to your supervisor.
- The Library will revert within 3 working days.
- Once approved:
- For Embargo: follow the Library’s instructions to submit and set embargo to your work in DR-NTU.
- For Exemption: you are exempted and do not need to submit your work or the metadata record in DR-NTU.
Students from the AY2020/21 intake and earlier
There are a total of two specialisation tracks to choose from, namely: Applied Economics, and Finance.
After choosing one track to pursue, the Economics office will invite students in their final year to put up their declaration of the completion of the chosen track with us.
Once it has been verified that the student has fulfilled the specialisation requirements, a letter of certification will be awarded to the student.
Please note that the specialisation will not be reflected in your degree certificate and academic transcript.
(Important) With effect from Sem 1 AY2022/23, there are some minor revisions to the requirements for both tracks due to the Economics programme's recent revamp in the curriculum. Please refer to the documents below for the revised requirements.
Students from AY2021/22 intake and after
There are a total of three specialisation tracks to choose from, namely: Applied & Empirical Economics, Finance, and Public Policy.
After choosing one track to pursue, the Economics office will invite students in their final year to put up their declaration of the completion of the chosen track with us.
Once it has been verified that the student has fulfilled the specialisation requirements, a letter of certification will be awarded to the student.
Please note that the specialisation will not be reflected in your degree certificate and academic transcript.
Offering Programme | Existing courses |
HIST | HH1007 The Making of Civilizations |
HH3013 Comparative History of Race Science | |
CHIN | HC3001 Modern Chinese Literature (will remain as Core for CHIN students) (Pre-req: B4 and above in O-Level Chinese or equivalent) |
HC3003 Southeast Asian Chinese (will remain as Core for CHIN students) (Pre-req: B4 and above in O-Level Chinese or equivalent) | |
PSY | HP1000 Introduction to Psychology (will remain as Core for PSY students) |
HP1100 Fundamentals of Social Science Research (will remain as Core for PSY students) | |
PPGA | HA3016 China's Foreign Policy (Pre-req: HA1001 and HA1012) |
HA3010 Mass Media and Public Policy (Pre-req: HA1003) | |
ECON | MH1820 Introduction to Probability & Statistical Methods (will remain as Core for ECON students) |
HE5092 Economic Theory (Pre-req: HE5091) | |
SOC | HS2007 Understanding Globalization (Pre-req: HS1001) |
HS2028 Graying society: Issues and Challenges (Pre-req: HS1001) | |
PHILO | HY1001 Introduction to Philosophy (will remain as Core for PHIL students) |
HY3001 Existentialism: Freedom, Being, Death | |
LMS | HG1001 Fundamentals of Linguistics: Mind and Meaning (will remain as Core for LMS students) |
HG2020 Language in Society (will remain as Core for LMS students) (Pre-req: HG1002) | |
ELH | HL1001 Introduction to the Study of Literature HL1005 Singaporean Literature and Culture (Pre-req: HL1001) |
- Students are to take not more than 2 courses from the common pool of Major-PEs courses as substitute of their own Major-PEs.
- Waiver of the pre-requisites will be granted for SSS students should they wish to register any of these 18 modules. Thus, they are advised to put in extra effort when attempting those higher level courses with pre-requisite.
IMPORTANT ANNOUNCEMENT ON THE USE OF CALCULATORS IN EXAMINATIONS
All calculators that are to be brought into the examination halls must be registered by the School.
School of Social Sciences students are required to get their calculators registered at the SSS Undergraduate Office at any time during the following hours:
Time : 9:00 am to 5:00 pm (Mondays to Friday, excluding public holiday)
Venue : SSS-01-02 (SSS Undergraduate Office counter)
However, if you have already registered your calculator previously and the seal is not broken, you do not have to register it again.
Re-registering of Calculator is required only if you are using a new calculator or the seal on your current calculator has broken.
Please remember that all calculators that are brought into the exam halls are to have the School's seal on it.
Please read carefully the Rules of Governing the Use of Calculators at Examinations.
Graphic calculators are allowed for use in the new GCE 'A' Level Curriculum from 2006. For consistency, the University will allow the use of graphic calculators with effect from S1 AY 2006-07 examinations.
Students are responsible for clearing any information and/or programs stored in the graphic calculators before the examination.