NTU Undergraduate Economics

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Economics Specialisation Tracks

Specialisation in Applied Economics ​​​Specialisation in Finance
​General Information
Prime Minister Lee Hsien Loong emphasised a need for degrees with an applied focus.  He stressed that these degrees should lead to students getting good jobs.  As such, Economics Programme in response to this call, would like to introduce the Applied Economics track. 
 
The field poses many interesting academic questions as well and a mathematical framework as to how we can address those questions.  The practical application of Applied Economics is well documented in history.  Knowledge of Applied Economics is essential to understand whether any government agency should undertake a given project - for example should a new road be built etc.  More specifically, Applied Economics aims to assist policy makers to evaluate the effectiveness of existing policies using a quantitative framework.  This skillset is also highly valued in the private sector, consultancy firms often tender for government projects. 
 
As the requirements of the programme are very demanding, it is necessary to impose a minimum grade requirement, in order to ensure that students enrolled in the programme will be able to cope with these demands.
  
​The field of finance is both a challenging and rewarding field of study.  It covers a broad spectrum of topics including but not limited to pricing of financial assets, including bonds, currencies and derivative securities; the evaluation of financial risks; banking and financial intermediation; corporate governance. 
 
In addition to the practical relevance of finance to industry, the field poses many interesting academic questions as well and a mathematical framework as to how we can address those questions.  Knowledge of finance is also crucial when we understand economic phenomena like international capital flows and monetary policies. 
 
Finally, finance is an extremely remarkable field that draws from a large literature including but not limited to economics, mathematics and statistics, operations research, engineering, computer science and history. 
 
As the requirements of the programme are very demanding, it is necessary to impose a minimum grade requirement, in order to ensure that students enrolled in the programme will be able to cope with these demands. 
​Take Note ​Student is not allowed to exercise S/U option for courses.
​Student is able to clear a maximum of 3 courses during exchange semester.
Student is to register courses as Major Prescribed Elective(MPE) or as Unrestricted Elective(UE), if there is insufficient Academic Units (AUs) for MPE category.
​Eligibility ​cGPA must be above 3.75 ​cGPA must be above 4.3

Core Courses

(FIVE)
 
​HE2020 ​Survey Methods & Sampling Techniques HE3007 Financial Economics
​HE3021 ​Intermediate Econometrics ​​HE3014 ​​Economics of Corporate Finance
​HE4001 Advanced Microeconomics​ HE3016 Principles of Mathematical Finance
​HE4002 Advanced Macroeconomics​ HE3021 Intermediate Econometrics
​HE4021 Advanced Econometrics​ ​HE4002 Advanced Macroeconomics​
​ ​ ​ ​
​Elective Courses
 

(THREE)

​HE2008 ​Public Finance ​HE2006 International Monetary Economics
​HE3004 ​Health Economics ​HE2007 ​Money & Banking
​HE3005 ​Environmental Economics ​HE2013 ​International Trade​
HE3011 Cost-Benefit Analysis​ ​​HE3022 ​Econometric Modeling and Forecasting​
​HE4011 Current Topics in Economics​ ​HE3023 Econometric Analysis of Financial Data​
​​HE4020​ ​Econometric Time Series Analysis ​HE4003 Advanced International Finance

​​HE4017 Monetary Economics
​​HE4020 Econometric Time Series Analysis
HE4021 ​Advanced Econometrics​
​Graduation Project
(GP)
​Must meet all FYP requirements  ​Must meet all FYP requirements 
Topic must be of interest to any government agency or private sector organisation. ​Topic must relate to issues and/or methods in finance.