AY2026 Semester 1 data is now available →
This course covers fundamental tools and applications of concepts in microeconomics and macroeconomics. The section on microeconomics focuses on markets as a mechanism for allocating scarce resources. Using tools of welfare economics, it addresses market efficiency, outcomes from market failures and firms with market influence. The section on macroeconomics provides a mix of classical and Keynesian ideas, addressing the forces that shape the economy in both the short run and the long run. Topics include the theory of economic growth, the role of financial markets, fiscal and monetary policies and the international economy.
| AUs | 3.0 AUs |
| Grade Type | |
| Prerequisite | |
| Not Available To Programme | ACBS(GA) 2, ACBS(GA) 3, ACBS(GA) 4, ACBS(GB) 1, ACBS(GB) 2, ACBS(GB) 3, ACBS(GB) 4, ACC(GA) 2, ACC(GA) 3, ACC(GB) 1, ACC(GB) 2, ACC(GB) 3, ADM, AERO-2ndMaj/Spec(NULL), ARED, ASEC, BCE 1, BCE 2, BCE 3, BCE 4, BCG 1, BCG 2, BCG 3, BCG 4, BEEC, BIE-2ndMaj/Spec(NULL), BMS, BS, BSB, BSPY, BUS 2, BUS 3, BUS(GB) 1, CBE-2ndMaj/Spec(NULL), CBEC, CE-2ndMaj/Spec(NULL), CEE-2ndMaj/Spec(NULL), CEEC, CHEM, CHIN, CS, CS-2ndMaj/Spec(ACC) 2, CS-2ndMaj/Spec(BA) 2, CS-2ndMaj/Spec(BAF) 2, CS-2ndMaj/Spec(ITG) 2, CS-2ndMaj/Spec(MKG) 2, CS-2ndMaj/Spec(OM) 2, CSC-2ndMaj/Spec(NULL), CSEC, CVEC, DSAI, ECMA, ECON, ECPP, ECPS, EEE-2ndMaj/Spec(NULL), EEEC, EESS, ELAH, ELH, ENE-2ndMaj/Spec(NULL), ENEC, ENG-2ndMaj/Spec(NULL), ESPP, HIST, IEEC, IEM-2ndMaj/Spec(NULL), LMS, MACS, MAEC, MAEO, MAT-2ndMaj/Spec(NULL), MATH(BA)(2013-onwards), ME(DES)-2ndMaj/Spec(NULL), ME(NULL)-2ndMaj/Spec(NULL), ME(RMS)-2ndMaj/Spec(NULL), MEEC(DES), MEEC(NULL), MEEC(RMS), MS-2ndMaj/Spec(ITG), MS-2ndMaj/Spec(MSB), MS-2ndMaj/Spec(NULL), MTEC, PHIL, PPGA, PSLM, PSMA, PSY, REP, SCED, SOC, SSM |
| Not Available To All Programme With | 2nd Maj/Spec(ACC) Yr1, 2nd Maj/Spec(ACC) Yr3, 2nd Maj/Spec(ACC) Yr4, 2nd Maj/Spec(BAF) Yr1, 2nd Maj/Spec(BAF) Yr3, 2nd Maj/Spec(BAF) Yr4, 2nd Maj/Spec(BAT) Yr1, 2nd Maj/Spec(BAT) Yr3, 2nd Maj/Spec(BAT) Yr4, 2nd Maj/Spec(BUS) Yr1, 2nd Maj/Spec(BUS) Yr2, 2nd Maj/Spec(BUS) Yr3, 2nd Maj/Spec(BUS) Yr4, 2nd Maj/Spec(ITG) Yr1, 2nd Maj/Spec(ITG) Yr3, 2nd Maj/Spec(ITG) Yr4, 2nd Maj/Spec(MKG) Yr1, 2nd Maj/Spec(MKG) Yr3, 2nd Maj/Spec(MKG) Yr4, 2nd Maj/Spec(OM) Yr1, 2nd Maj/Spec(OM) Yr3, 2nd Maj/Spec(OM) Yr4 |
| Not Available As BDE/UE To Programme | |
| Not Available As Core To Programme | |
| Not Available As PE To Programme | |
| Mutually Exclusive With | HE1001, HE1002, HE9091 |
| Not Offered As BDE | Yes |
| Not Offered As Unrestricted Elective | |
| Exam |
Required first
Principles Of Economics: A Singapore Perspective
Unlocks
BA2201Actuarial EconomicsBE2511International Business EnvironmentBE3501Global Business: An Asia-Pacific PerspectiveBM3502Global Business StrategyHE2001Microeconomics IiHE2002Macroeconomics IiHE2006International Monetary EconomicsHE2008Public FinanceHE2009Industrial OrganisationHE201Intermediate MicroeconomicsHE2010Development EconomicsHE2011Labour Economics & Labour RelationsHE2012Economic ThoughtHE2013International TradeHE202Intermediate Macroeconomics+31 more| Mon | Tue | Wed | Thu | Fri | |
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| Mon | Tue | Wed | Thu | Fri | |||
|---|---|---|---|---|---|---|---|
| 930 | 00520 TUT (1) 0930-1030 Tue TR+31 Wk2-13 | 00522 TUT (3) 0930-1030 Tue LHS-TR+43 Wk2-13 | |||||
| 1000 | |||||||
| 1030 | 00521 TUT (2) 1030-1130 Tue TR+31 Wk2-13 | 00523 TUT (4) 1030-1130 Tue LHS-TR+43 Wk2-13 | 00526 TUT (7) 1030-1130 Thu TR+110 Wk2-13 | 00527 TUT (8) 1030-1130 Thu TR+31 Wk2-13 | |||
| 1100 | |||||||
| 1130 | |||||||
| 1200 | |||||||
| 1230 | |||||||
| 1300 | COMMON LEC (1) 1300-1500 Mon LT1A | ||||||
| 1330 | 00528 TUT (9) 1330-1430 Thu TR+29 Wk2-13 | 00530 TUT (11) 1330-1430 Thu TR+31 Wk2-13 | |||||
| 1400 | |||||||
| 1430 | 00524 TUT (5) 1430-1530 Tue TR+108 Wk2-13 | 00525 TUT (6) 1430-1530 Tue LHS-TR+48 Wk2-13 | 00529 TUT (10) 1430-1530 Thu TR+29 Wk2-13 | 00531 TUT (12) 1430-1530 Thu TR+31 Wk2-13 | |||
| 1500 | |||||||
| 1530 | 00532 TUT (13) 1530-1630 Thu TR+31 Wk2-13 | ||||||
| 1600 | |||||||
