Category: SMU Economics

Our Economics degree programme is designed to provide a strong understanding of modern economic theory, inculcate independent thought about economic policies and problems, develop the capacity for quantitative research, and provide descriptive knowledge about the local and global economy.

Beyond the conventional economics curriculum, we offer you the flexibility to specialize in the Quantitative Economics Track (QET) that will give you a competitive career edge in the industry.

The BSc (Econ) is a full-time four-year direct meritorious honours programme. Students will need to complete 36 courses, an internship and a community service programme.

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MATH001 Calculus introduces to students a set of elementary functions, their properties, various forms of analysis, and fundamental concepts in Calculus. Also introduced are the modeling methods in business and management by applying Calculus knowledge. The objective of the course is to develop the students’ understanding and skills in analyzing managerial problems, creating mathematical models, and using them to solve these problems. Although the module is essentially mathematical in nature, a rigid mathematical treatment is avoided and the necessary mathematical concepts are derived from examples rather than through proofs.

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Quizzes were not very tough, but the assignments can be quite time-consuming to score well. One caveat is to clarify the assignment criteria before hand, missed out quite a few marks because there were additional details for the assignment that were only disclosed after submission. Project can also be quite time-consuming depending on your problem statement.

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Human capital refers to the attributes gained by a worker through education and experience. Given the many years we devote to education, this course begins by asking “Why do individuals take up education?”, “Is education productive or does it only act as a signal of ability?”. The general preoccupation of the course will be with the use of qualitative and quantitative method to answer issues in the field of Economics of Education. 

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The aim of this course is to twofold. First, it is to expose students to a more in depth analysis of topics they would already have touched on in Intermediate Macroeconomics. Moreover, students will get to learn new techniques and concepts that will enable them to learn about recent advances in research in Economics. The set of topics to be covered in the course is not completely fixed and may therefore vary from year to year.

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This course is a continuation of Intermediate Microeconomics. The objective of this course is to provide students with a systematic foundation of microeconomics in the hope that they are well equipped to take upper-level economics courses. The course is designed to deal with the topics that were not fully addressed in the Intermediate level. The topics include general equilibrium, uncertainty, asymmetric information, mechanism design, and market failure. Various applications will be selected to understand how theoretical frameworks are used to analyze real-world problems and provide policy implications.

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This course will cover basic concepts, tools and facts needed to understand the functioning of the global economy and international financial markets. We develop a theoretical framework for the analysis of the determinants of current account deficits, international capital movements, real and nominal exchange rates. We also examine the relationship between interest rates and exchange rates, and discuss various measures of global capital market integration. This framework is then used to discuss relevant policy issues such as the emergence of the US as a foreign debtor, the developing country external debt crises and balance-of-payment crises.

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This course examines the economic determinants of cross-country trade patterns and welfare properties of trade policies. We first introduce economic models that focus on cross-country differences (in technology, in factor endowment), imperfect competition, or increasing returns to scale as the rationale for trade and the consequences of opening to trade on national welfare and on income distribution within and across countries. We then examine the economic causes and effects of increasing trade in intermediate goods or services through international outsourcing and foreign direct investment. In the third component of the course, we examine efficiency properties of frequently used trade measures, the political economy of trade protection, and welfare effects of preferential trade liberalizations such as free trade agreements against the backdrop of multilateral trade liberalizations sponsored by the WTO.

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This was a really rough module for me. The workload in terms of submissions isn’t heavy – but the topic is extremely challenging and studying for the graded components are not easy. The notes provided are not fantastic, and (ungraded) homework is hard to complete – furthermore the only answers you receive are the ones written on the board by other students, which are either wrong (with bare minimum of corrections provided by prof) or just not the model/correct answer. Learning from these is hard. Revisions are gruelling. The topic itself is broad-reaching and features various sections that are not necessarily correlated or linked which makes studying all the more harder besides the aforementioned disorganised nature of the course materials – it is very difficult to bounce back if you slip for a week due to other modules, projects etc. A challenging mod. Do not go for it if you are doing 5 mods.

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Module not very hard. The workload is manageable and honestly it depends on when your pair is assigned to present on an article. Doesn’t given project rubrics so hard to know what she wants.

Click HERE for CHEAP online courses.
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Click HERE for lifetime subscriptions.
Click HERE for university module notes and packages.
Click HERE for A Level material, papers, notes & guides.
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Click HERE for PSLE & Pri 1-6 prelim exams & answers.
Click HERE to download the latest eBook bundles.