Division of Social Sciences
Department of Economics
Bachelor of Arts
Bachelor of Social Sciences (Honours) in Economics
Minor in Economics
Master of Social Sciences (Economics) by coursework
Master of Social Sciences (Applied Economics) by coursework
Master of Social Sciences by research
Ph.D. by research
What is it about
The discipline of Economics is the key to an understanding and analysis of economies and their constituent components. In recent decades, this role has been strengthened by the infusion of mathematical, statistical and computational methods in the subject matter of Economics. Rigour of analysis, empirical validation of economic hypotheses and contributions to business and public policy have been the main pillars on which the discipline's reputation has been built.
The undergraduate curriculum offered by the Department of Economics builds on a strong core of theoretical analysis and empirical methods of economics and covers in depth a wide range of specialized sub-fields of the discipline. The Department emphasizes the importance of a strong curriculum and good teaching. A primary mission of the Department is to produce graduates that will meet the diverse needs and demands of all sectors of the national economy and beyond. It aims to impart to students important transferable skills for lifelong learning and employability.
The Department of Economics has an established reputation as one of the largest and leading departments of Economics in the Asia-Pacific region. Faculty members’ research areas span a wide range of economic fields, with strength in the core areas of microeconomics, macroeconomics and econometrics, as well as in particular fields such as game theory and industrial organization, labor economics, education, financial economics, and growth theory and development with special reference to Asia. Recognition of the contributions by the faculty has, inter alia, taken the form of editorships; election to membership of scholarly societies; invitations to scholarly conferences; and consultancies with international organizations and the governments of Singapore and other ASEAN countries. Because of the size and diversity of the faculty and the range of its curricular offerings, students can specialize in almost any area of interest in Economics.
Besides well structured major and minor programmes in Economics, the Department has also embarked on several joint undergraduate programmes. The Australian National University-NUS Joint Honours Degree Programme in Actuarial Studies and Economics, the Double Honours Degree in Economics and Law, and the Double Degree in Economics and Engineering are the first of such joint programmes.
Graduates of the Department have little difficulty in securing good jobs in both the public and private sectors. The discipline of Economics is the key to understanding the role and the making of incentives in the behaviour of man in society. The study of economics thus equips the student with useful transferable skills such as problem solving, effective writing, basic empirical skills and knowledge of the key economic institutions.
There is a high demand for economists in the public and private sector and our graduates are usually employed in banks, financial and security houses, business enterprises, the media and various other commercial organizations.