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Bachelor of Science

(Honours) in Economics
& Economics and Finance
01 February 2017

Summary of important updates
1. Students must take EC1002 Intro to Econs with MT105A Maths 1 and
ST104A Stats 1

2. BEF students progressing to Year 2, you must select & pass EC2020
EOE & EC2066 Microeconomics ( needed for Year 3 FN3142 QF )

3. Students must take EC2020 EOE with MT105B Maths 2 and ST104B
Stats 2

4. New subject offered : EC2096 Economic History since 1900
 Qualitative
 Level 200 Group E subject
 No pre-requisites

5. All students who began their undergrad studies in 2016 are required to
pass 11 out of 12 exams ( must still attempt for all 12 exams )

2

and are re-taking EC1002. students must take EC1002 Intro to Econs with  MT105A Mathematics 1 &  ST104A Statistics 1  If you are retaking EC1002. that degree must have lines to fit in Maths 1 and Stats 1 as well 3 . you must have either  Pass both Maths 1 and Stats 1  APL/Exemption for Maths 1 and Stats 1  Repeat Maths 1 and Stats 1 together with EC1002  If you transfer to a different degree. EC1002 Introduction to Economics Update  Starting 2016.

200 or 300 course (or two half courses) from any of the Selection Line 12 groups .BSc in Economics (BSE) Course Name Course Code (New Regulations) Line 1 EC1002 Introduction to economics ST104A Fulfilled Line 2 & Statistics 1 (half course) AND Statistics 2 (half course) Lines 1 to 4 ST104B in 1st year MT105A Line 3 & Mathematics 1 (half course) AND Mathematics 2 (half course) MT105B Line 4 ♦ One course (or two half courses) from Selection groups F(i) Elements of econometrics (EC1002) + (ST104A or ST104B) + (MT105A or MT105B Line 5 EC2065 or MT1174) Line 6 EC2066 Macroeconomics (EC1002) + (MT105A or MT1174) Line 7 EC2020 Microeconomics (EC1002) + (MT105A or MT1174) Line 8 One 300 course from Selection group E Line 9 One 300 course from Selection group E Remaining 8 Lines Line 10 One 300 course from Selection group E over next two years Line 11 One 200 or 300 course from Selection group E ♦ One 100.

200 or 300 course (or two half courses) from any of the Selection groups .BSc in Economics and Finance (BEF) Course Name Course Code (New Regulations) Line 1 EC1002 Introduction to economics Fulfilled Line 2 Lines 1 to 4 ST104A & ST104B Statistics 1 (half course) AND Statistics 2 (half course) in 1st year Line 3 MT105A & MT105B Mathematics 1 (half course) AND Mathematics 2 (half course) Line 4 FN1024 Principles of banking and finance Line 5 EC2065 Macroeconomics (EC1002) + (MT105A or MT1174) Line 6 EC2066 Microeconomics (EC1002) + (MT105A or MT1174) Line 7 Elements of econometrics (EC1002) + (ST104A or ST104B) + (MT105A or EC2020 MT105B or MT1174) Line 8 FN3092 Corporate finance (EC1002) + (MT105A or MT105B or MT1174) Line 9 EC3115 OR EC3099 Monetary economics (EC2065) OR Industrial economics (EC2066) Line 10 FN3142 Quantitative finance (EC2020 + EC2066) Remaining 8 Lines over next two years Line 11 One 300 course (or two half courses) from any of the Selection groups Line 12 ♦ One 100.

Regulation to note You must pass two Level 100 full units before you can take Level 200/300 units Course Code Course Name Line 1 EC1002 Introduction to economics ST104A Line 2 & Statistics 1 and Statistics 2 ST104B MT105A Line 3 & Mathematics 1 & Mathematics 2 MT105B Line 4 FN1024 Principles of banking and finance .

BEF Pre-requisites Course Course Name Code Line 5 EC2065 Macroeconomics (EC1002) + (MT105A or MT1174) Line 6 EC2066 Microeconomics (EC1002) + (MT105A or MT1174) Elements of econometrics (EC1002) + (ST104A or ST104B) + (MT105A or MT105B or Line 7 EC2020 MT1174) Line 8 FN3092 Corporate finance (EC1002) + (MT105A or MT105B or MT1174) EC3115 Monetary economics (EC2065) OR Line 9 EC3099 Industrial economics (EC2066) * Pre-requisites :You must Line 10 FN3142 Quantitative finance (EC2020 + EC2066) pass EC2065 or EC2066 in order to take Line 9 You need to pass both Line 6 Microeconomics and Line 7 Elements of Econometrics before you can take Line 10 Quantitative Finance. .

11 or 12) Year 3 : Take Line 9. Line 6. Line 7. Line 10. 200 or 300 course (or two half courses) from any of the Selection Year 2 or 3 Line 12 groups Recommendations : Year 2 : Take Line 5. (Remaining two units) . (Line 8.BEF Recommendations Recommended year to Course Code Course Name take Line 5 EC2065 Macroeconomics (EC1002) + (MT105A or MT1174) Year 2 Line 6 EC2066 Microeconomics (EC1002) + (MT105A or MT1174) Year 2 Elements of econometrics (EC1002) + (ST104A or ST104B) + (MT105A or Line 7 EC2020 Year 2 MT105B or MT1174) Line 8 FN3092 Corporate finance (EC1002) + (MT105A or MT105B or MT1174) Year 2 or 3 EC3115 Monetary economics (EC2065) OR Line 9 Year 3 EC3099 Industrial economics (EC2066) Line 10 FN3142 Quantitative finance (EC2020 + EC2066) Year 3 Year 2 or 3 Line 11 One 300 course (or two half courses) from any of the Selection groups ♦ One 100.

Line 7. (Remaining two units) . BSE Recommendations Course Code Course Name Recommended year to take Elements of econometrics (EC1002) + (ST104A or ST104B) + (MT105A or Line 5 EC2065 Year 2 MT105B or MT1174) Line 6 EC2066 Macroeconomics (EC1002) + (MT105A or MT1174) Year 2 Line 7 EC2020 Microeconomics (EC1002) + (MT105A or MT1174) Year 2 Line 8 One 300 course from Selection group E Selection Group E Year 3 Managerial economics (EC1002) + (MT105A or MT1174) Line 9 One 300 course from Selection group E Industrial economics Year 3 (MN3028 or EC2066) One 300 course from Selection group E Monetary economics Year 3 Line 10 (EC2065) Mathematical economics One 200 or 300 course from Selection group E (EC2066 + MT105A + MT105B) or Line 11 Year 2 or 3 (EC2066 + MT1174) Corporate finance ♦ One100. Line 10. (Line 8 or 11 or 12) Year 3 : Take Line 9. Line 6. 200 or 300 course (or two half (EC1002) + (MT105A or MT105B or Line 12 Year 2 or 3 courses from any of the Selection groups) MT1174) International political economy (EC1002 or IR1011) Economic History since 1900 Recommendations : Year 2 : Take Line 5.

 You are advised to take this unit if you intend to pursue Masters.  Prepared to work hard throughout the whole academic year. If you have not taken either Stats 2 or Maths 2. 10 .  Solid foundations in Mathematics 1 and Statistics 2 are essential & some macroeconomics background is necessary  Students can only take EOE after completing Stats 2 and Maths 2. or concurrently.EC2020 Elements of Econometrics  An applied statistics and mathematics course. you should select both subjects this September (2017).

Britain and the United States • Useful economic concepts that help understand real historical circumstances • How economic choices and changes are constrained (i. New subject EC2096 Economic History since 1900  Level 200 unit from Group E  Fits in BEF – Line 12 . 11 .e. are partly determined) by the circumstances of the time. BSE – Line 11 and Line 12  Qualitative subject ( students should have good writing skills )  No pre-requisites Aims and objectives The objectives of this course : • How the international economy developed between 1820 and 2000 • What inter-relationships there are between the development of the international economy and the development of national economies. referring in particular to Japan.

12 .FN3142 Quantitative Finance  Compulsory unit for BEF students  Taken after passing both EC2020 EOE and EC2066 Microeconomics  Passing rate and overall scores have been very high  Those who enjoy studying CF and have done well in EOE are likely to excel.

Further Group E units  Mathematical Economics: good course to consider for quantitatively inclined students. Pre-requisite of EC2065 Macroeconomics  International political economy: a qualitative course in political economics. Important module if you intend to pursue Masters in Economics.  Industrial Economics: good course to consider for quantitatively inclined students.  Economic History : a qualitative course about the international economy development between 1820 and 2000 13 . Pre-requisite of EC2066 Microeconomics  Monetary Economics: good course to consider for students who like macroeconomics.

In the event of re-sits New Regulations • You should repeat the failed • If you fail an elective. you can take 5 new • Maximum of 4 new units per units if there are no re-sits year . you can units immediately replace with another elective. but the original elective cannot • Total of units you can take be re-taken (including re-sits) = 5 units • In final year.

but if there are no re-sits your classification will be lowered • If you fail an elective.Update For all Year 1s For students starting in 2016 & • Must pass /be exempted at least 2 full onwards level 100 courses before allowed to take level 200 /300 courses • Must pass at least 11 out of 12 units in order to graduate For all students • Must immediately re-sit failed units in • Must attempt all 12 units the next exam sitting For students who started before • Maximum of 5 units (combination of 2016 new and resits) per year. allowed to take 5 new units units in order to graduate. Progression Rule . A maximum of 4 new units per year applies • Must pass at least 10 out of 12 • In final year. you can replace with another elective. but the original • Must attempt all 12 units elective cannot be re-taken in future exam sittings .

• One time charge of $107. • International students cannot transfer during SSCE. • BEF students can opt to transfer to BSc in Economics or BSc in Banking & Finance (most number of transferable units). • When you transfer.00 transfer fee. Transferring of Degree • Local students can opt to transfer to a different programme during the SSCE exercise (selection of classes).edu. . you bring over passed/failed units that can fit into the new programme structure (not every unit can fit!). – Please note that transfer is subjected to approval as your Student Pass will be affected.sg before September. You must submit your transfer request to students@sim.

Exclusion Rules Some courses (in red) cannot be taken together or concurrently because there is an overlap in content. one of the units may be compulsory. In some degrees. Corporate Finance may not be Mathematics 1 may not be taken taken with Financial Management with Calculus Mathematics 2 may not be taken Mathematics 2 may not be taken with Algebra with Calculus Management Mathematics may not Managerial Economics may not be be taken with Mathematics 2 taken with Microeconomics .

Co-requisites Rules Some courses must be taken concurrently with or after another course 1 Statistics 2 must be taken after or at the same time as Statistics 1 Mathematics 2 must be taken after or at the same time as 2 Mathematics 1 Elements of Econometrics must be taken after or at the same time 3 as Statistics 2 and Mathematics 2 Quantitative Finance must be taken after or at the same time as 4 Corporate Finance (all necessary pre-requisites must also be fulfilled) Investment Management must be taken after or at the same time 5 as Corporate Finance (all necessary pre-requisites must also be fulfilled) Introduction to Economics must be taken after or at the same time 6 as Statistics 1 and Mathematics 1 .

ac. Regulations • http://www.uk/regs .londoninternational.

Sept UOL will email in August . Notice in January Due in Sept . you have to make payment to 3 different entities Course Fees CRF Exam Registration SIM invoice in August . In your 2017/18 academic term.October Sept Due in January Due in November .

Scenarios on Classification Calculations ( based on 9 Marks ) .

have five third class marks. Third Class Honours Awarded to students who. of the nine marks being used for classification. have either five upper second class marks OR four upper second class marks and an aggregate of 515. Classification Scheme Classification Condition First Class Honours Awarded to students who. Lower Second Class Honours Awarded to students who. of the nine marks being used for classification. . Upper Second Class Honours Awarded to students who. have either five lower second class marks OR four lower second class marks and an aggregate of 440. of the nine marks being used for classification. of the nine marks being used for classification. have either five first class marks OR four first class marks and an aggregate of 590.

Classification Scheme .Marks Marks Exam results First Class 70 -100 Second Upper Class 60-69 Second Lower Class 50-59 Third Class 40-49 Fail 0-39 .

. Pairing of Half-units • A 100 half unit/course may not be paired with a 200 or 300 half unit/course. • Maths 1 MUST be paired with Maths 2 (if you are in BSE or BEF) • Stats 1 MUST be paired with Stats 2 (if you are in BSE or BEF) • Calculation of classification is based on the above pairing.

80 100 courses 2.70 7. EC2020 .60 1.60 9.60 3.60 10. Avg. MN3032 .Example 1 (200/300 unit at Line 12) BSc Economics Classification based on 9 marks 1.60 3. EC2065 . EC2066 . MN3032 . EC3115 .70 200/300 course First Class Honours • 4 of the 9 marks are above 70 • Aggregate for 9 marks is 590 . EC1002 .60 (60+60+60)/3 = 60 9. FN3092 .70 5.60 6. IR3026 – 70 • Award of Classification: 12.60 2. IR3026 – 70 200 and 300 courses 6. MN3028 . EC2020 . MN3028 . EC3115 .60 4. EC2066 . Average of ST104 . FN3092 . of best three 100 courses 8.70 11.60 5.60 8. Average of MT105 . EC2065 .50 4.80 7. AC1025 .

60 5.80 7. FN3092 . Avg.70 (60+60)/2 = 60 10. EC1002 . Average of ST104 .50 4. EC3099 . MN3032 – 70 • Award of Classification: 12.60 1.80 100 courses 2.70 5. FN3142 . EC2065 . MN3032 – 70 200 and 300 courses 6. FN3092 .60 8. Example 2 (100 unit at Line 12) BSc Economics and Finance Classification based on 9 marks 1. FN3142 .70 6.70 2. EC2020 .60 9. EC2065 . EC3099 . AC1025 – 70 (line 12 100 course First Class Honours allows a level 100 unit) • 5 of the 9 marks are above 70 . of best two 100 courses 7.60 (70+70)/2 = 70 8. EC2020 . EC2066 . EC2066 . Average of MT105 – 60 3.60 3.60 4.70 11. of next best two 100 courses 9. FN1024 . Avg.

60 (80+70)/2 = 75 8.60 (70+60)/2 = 65 10.70 5. EC2020 . Average of ST104 . MN1178 . EC2066 .APL APL First Class Honours • 4 of the 9 marks are above 70 • Aggregate for 9 marks is 600 .60 3. Average of MT105 – 60 3. EC2020 . EC2066 .70 11.60 4.70 • Award of Classification: 12. Avg. of best two 100 courses 200 and 300 courses 7.70 1.80 100 courses 2.60 8.60 9. of next best two 100 courses 9. EC3099 . MN3032 . FN1024 – 80 4. FN3142 .70 2.60 6. EC3099 . MN3032 – 70 6. EC2065 .60 5. EC1002 . FN3142 .80 7. FN3092 . FN3092 . EC2065 . Avg. Example 3 (APL at Line 12) BSc Economics and Finance Classification based on 9 marks 1.

Average of ST104 . EC2066 . EC2065 .60 200 and 300 courses 7. FN3142 .70 • Award of Classification: 11.60 • 5 of the 9 marks are above 60 . EC2020 .60 9.60 8.80 7.65 2.80 100 courses 2. EC2020 .60 3. FN3092 . Average of MT105 – 60 3. IR3026 – 70 Second Upper Class 12. EC1002 .70 5. SP2079 . AC1025 – APL APL 4. IR3026 – 70 6. 200/300 unit at Line 12 ) BSc Economics Classification based on 9 marks 1. of all three 100 courses 8.60 4.60 (65+60+50)/3 = 58 9. SP2079 . EC2065 . EC3099 .50 1. EC3115 . EC2066 .60 10.60 6. FN3092 . Example 4 (APL at Line 4. MN3028 .60 5. Avg.

Average of MT105 – 60 3. EC1002 . EC2020 .50 1.55 • Award of Classification: 11. Example 5 (APL at Line 4 and12) BSc Economics and Finance Classification based on 9 marks 1.60 (65 + 60)/2 = 62.55 5. FN3142 . FN3092 .65 2. EC3115 . FN3092 .60 3. IR3026 – 50 6. MN1178 .60 8.60 9. FN1024 – APL APL 4.55 7.60 6. EC2066 . EC2065 . EC3099 .60 4. IR3026 – 55 Second Upper Class 12.5 8. MN3028 . Avg. EC2020 .55 100 courses 2. EC2065 . of best two 100 courses 200 and 300 courses 7. EC2066 .APL APL • 5 of the 9 marks are above 60 .60 10. Average of ST104 . Remaining 100 courses – 50 9.60 5.