List of Econ Courses Offered in SEM1 AY1415 (Revised)

Course Schedule for Econ modules offered in SEM 1, AY2014/2015

HE1001 Microeconomic Principles

HE1002 Macroeconomic Principles

HE1003 Basic Mathematics for Economists

HE204B/HE2005 Principles of Econometrics

HE206/HE2006 International Monetary Economics

HE207/HE2007 Money and Banking

HE208/HE2008 Public Finance

HE209/HE2009 Industrial Organisation

HE211/HE2011 Labour Economics & Labour Relations

HE301/HE3001 Mathematical Economics

HE302/HE3002 Game Theory & Applications to Social Sciences

HE303/HE3003 The Chinese Economy

HE304/HE3004 Health Economics

HE305/HE3005 Environmental Economics

HE310/HE3010 Energy Economics

HE4002 Advanced Macroeconomics

HE4005 Growth Theory and Empirics

HE4010 Singapore Economy in a Globalized World

HE4013 Experimental Economics

HE4015 Personnel Economics

HE4017 Monetary Economics

HE4020 Econometric Time Series Analysis

HE1001 Microeconomic Principles [Back] Pre-requisite: NIL Lecturer/s: Associate Professor Yohanes Eko Riyanto This course gives students a basic grasp of economic theory as well as the ability to apply economic principles to real-world problems. The course addresses the decision-making of small economic units - consumers, firms and markets. Topics covered include cost-benefit principles, opportunity cost, laws and elasticity of demand and supply, utility maximization, the concept of the margin, indifference curves, profit maximization, market equilibrium and efficiency, market structure, market failure, public choice, externalities and property rights, the economics of public policy and of public goods.

Group & Type Day/Time Index No.

LEC1 Tuesday / 1230 - 1430 -

T1 Monday / 0930 - 1030 17001

T2 Monday / 1030 - 1130 17002

T3 Monday / 1230 - 1330 17003

T4 Monday / 1330 - 1430 17004

T5 Monday / 1430 - 1530 17005

T6 Monday / 1530-1630 17006

T7 Thursday / 1030 - 1130 17007

T8 Thursday / 1130 - 1230 17008

T9 Thursday / 1230 - 1330 17009

HE1002 Macroeconomic Principles [Back] Pre-requisite: NIL Lecturer/s: Assistant Professor Wu Guiying Laura This course exposes students to a basic understanding of the workings of the economy as a whole. The topics covered include measures of the GNP; inflation and unemployment; economic growth; the general product market; the 'Keynesian cross' model; the general money market, the creation of money; the role of central bank and of the financial institutions; the basic IS-LM model; aggregate demand and aggregate supply; open economy macroeconomics that includes capital flows and the balance of trade.


LEC1 Thursday / 1430 - 1630 -

T1 Tuesday / 0930 - 1030 17010

T2 Tuesday / 1030 - 1130 17011

T3 Tuesday / 1130 - 1230 17012

T4 Tuesday / 1430 - 1530 17013

T5 Tuesday / 1530 - 1630 17014

T6 Friday / 1330 - 1430 17015

T7 Friday / 1430 - 1530 17016

T8 Friday / 1530 - 1630 17017

T9 Friday / 1630 - 1730 17018

HE1003 Basic Mathematics for Economists [Back] Pre-requisite: NIL Lecturer/s: Assistant Professor Chia Wai Mun This course is designed for students who do not have the necessary background in mathematics. Students will be taught mathematical techniques that are useful for economic analysis at both the elementary and the intermediate level. Topics covered include functions, derivatives and partial derivatives, optimization with or without constraints, integration, simple differential equations and simple difference equations, matrix algebra.


LEC1 Thursday / 0830 - 1030 -

T1 Friday / 0830 - 0930 17019

T2 Friday / 0930 - 1030 17020

T3 Friday / 1030 - 1130 17021

T4 Friday / 1330 - 1430 17022

T5 Friday / 1430 - 1530 17023

HE204B/HE2005 Principles of Econometrics [Back] Pre-requisite: HE104B/HE1005 or equivalent Lecturer/s: Assistant Professor Wang Wei-Siang This course offers students in economics and other social sciences a firm foundation in the theory and methods of econometrics. The course teaches students the main tools of estimation and inference. Applications of econometric techniques will be illustrated by empirical examples based on economic analysis. Students will be given hands-on experience through computer lab sessions. The course begins with a thorough analysis of the simple linear regression model. It covers the estimation and hypothesis testing of regression coefficients, goodness-of-fit and prediction. The model is then extended to the multiple regression framework. Further topics such as diagnostic checking, functional forms, restricted estimation, dummy variables and structural change are discussed. In addition, the course provides an introduction to nonlinear models, models for panel data, and the matrix approach to the GLM.


LEC1 Thursday / 1130 - 1330 -

T1 Tuesday / 1330 - 1430 17031/17024

T2 Tuesday / 1430 - 1530 17032/17025

T3 Tuesday / 1530 - 1630 17033/17026

T4 Tuesday / 1630 - 1730 17034/17027

T5 Thursday / 1430 - 1530 17035/17028

T6 Thursday / 1530 - 1630 17036/17029

T7 Thursday / 1630 - 1730 17037/17030

HE206/HE2006 International Monetary Economics [Back] Pre-requisite: HE1002/HE9091/AB0901 Lecturer/s: Associate Professor Joseph Dennis Alba The aim of this course is to provide students with an understanding of the principles and applications of international finance, so that students will be better equipped to analyze financial asset price movements as well as the impacts of financial and political news, government policies and changes in global economic environment on these asset prices; understand major international macroeconomic issues, the adjustment mechanism of various exchange rate systems and the role of exchange rate and other macroeconomic policies. The course will cover balance of payments, exchange rates and foreign exchange market, exchange rate in the long run and in the short run, macroeconomic policies under fixed and floating exchange rates, optimum currency areas, and other topics of interest to students.


LEC1 Thursday / 1330 - 1530 -

T1 Tuesday / 1030 - 1130 17042/17038

T2 Tuesday / 1130 - 1230 17043/17039

T3 Tuesday / 1230 - 1330 17044/17040

T4 Tuesday / 1330 - 1430 17045/17041

HE207/HE2007 Money and Banking [Back] Pre-requisites: HE1001/HE1002/HE9091/AB0901 Lecturer/s: Associate Professor Yip Sau Leung This course offers a systematic analysis of monetary theories and the financial system. Apart from exposing students to different approaches in monetary analysis, the course places a special emphasis on the up-to-date analysis of how information costs affect financial structure and monetary policy. The course will cover the structure and importance of the financial system, the functions of money, behavior of interest rates, financial structure and asymmetric information, bank management and regulation, debates on macroeconomic and monetary policies, the targets and instruments of monetary policies, the transmission mechanism of monetary policy and its effectiveness, money and inflation, rational expectations and its applications.


LEC1 Tuesday / 1430 - 1630 -

T1 Monday / 0930 - 1030 17050/17046

T2 Monday / 1030 - 1130 17051/17047

T3 Monday / 1130 - 1230 17052/17048

T4 Monday / 1230 - 1330 17053/17049

HE208/HE2008 Public Finance [Back] Pre-requisites: HE1001/HE9091/AB0901 Lecturer/s: Assistant Professor Giovanni Ko This course uses the tools of microeconomic analysis to study the rationale for government intervention, the areas of intervention and the sources of public financing. Topics include the theory of public goods; externalities; natural monopolies; cost-benefit analysis of government projects; social expenditure programmes; principles of taxation; personal and corporate income taxes; consumption taxes; implications of tax policies for efficiency and equity; deficit financing; Singapore's budgetary policies.


LEC1 Tuesday / 1130 - 1330 -

T1 Wednesday / 0930 - 1030 17061/17054

T2 Wednesday / 1030 - 1130 17062/17055

T3 Wednesday / 1130 - 1230 17063/17056

T4 Thursday / 1130 - 1230 17064/17057

HE209/HE2009 Industrial Organisation [Back] Pre-requisites: HE1001/HE9091/AB0901 Lecturer/s: Assistant Professor Au Pak Hung This course seeks to provide students with a consistent framework of economic analysis to understand the impact of efficient organisation on the economy. It addresses some fundamental questions in industrial organisation: how the modern firm has evolved; why some economic activities are organised within the firm and others outside; how firms interact in the marketplace; how governments react to strategic behaviour and how they regulate industries.


LEC1 Monday / 0930 - 1130 -

T1 Tuesday / 0930 - 1030 17072/17068

T2 Tuesday / 1030 - 1130 17073/17069

T3 Tuesday / 1230 - 1330 17074/17070

T4 Tuesday / 1330 - 1430 17075/17071

HE211/HE2011 Labour Economics & Labour Relations [Back] Pre-requisite: HE1001/HE191/HE9091/AB106/AB0901 Lecturer/s: Professor Chew Soon Beng This course seeks to explain the inner workings of the labor market. The course focuses on the economics of the labor market. It covers the determination of labor market demand and supply, wage determination, wage differentials, human capital investment, migration and discrimination, as well as unemployment and labor policies. The course also aims to explain why workers join unions, trade union behavior, wage determination under the union, and the economic impact of unions.


LEC1 Monday / 1430 - 1630 -

T1 Friday / 1330 - 1430 17080/17076

T2 Friday / 1430 - 1530 17081/17077

T3 Friday / 1530 - 1630 17082/17078

HE301/HE3001 Mathematical Economics [Back] Pre-requisite: HE1003 or equivalent and HE201/HE2001/HE192/HE9092 Lecturer/s: Associate Professor Christos Sakellariou This course deals with basic mathematical tools used to analyze economic problems. These include matrix algebra, linear programming, differential calculus, differential and difference equations. This course emphasizes economic applications of each technique and an understanding of standard economic models. Economic models of continuous and lagged adjustments will be introduced. By the end of the course, students will have learned enough mathematical skills to read some technical articles in economics and to analyze some economic problems.


LEC1 Wednesday / 1130 - 1330 -

T1 Monday / 1230 - 1330 17088/17084

T2 Monday / 1330 - 1430 17089/17085

T3 Monday / 1430 - 1530 17090/17086

T4 Monday / 1530 - 1630 17091/17087

HE302/HE3002 Game Theory & Application to Social Sciences [Back] Pre-requisite: HE1003 or equivalent and HE2001/HE9092 Lecturer/s: Assistant Professor Hong Fuhai This is an intermediate level game theory course. The basic concepts of games are discussed in a rigorous manner. Examples are introduced to help students understand the basic concepts and their applications. The prerequisites for taking this course include elementary economic theory, A-level mathematics and elementary calculus.


LEC1 Tuesday / 0930 - 1130 -

T1 Monday / 0930 - 1030 17096/17092

T2 Monday / 1030 - 1130 17097/17093

T3 Monday / 1130 - 1230 17098/17094

T4 Monday / 1230 - 1330 17099/17095

HE303/HE3003 The Chinese Economy [Back] Pre-requisite: HE1001/HE1002/HE9091/AB0901 Lecturer/s: Professor Tan Kong Yam / Assistant Professor Zhang Jipeng The purpose of the course is to provide students with a basic understanding of the emerging Chinese economy and its business environment. Major topics include: (1) a background introduction to China's economy and its economic reforms; (2) fundamental economic institutions; the current economic structure; industrial policies; (3) macroeconomic policies; (4) growth patterns and trends.


SEM1 Wednesday / 0930 - 1230 18003/18001

SEM2 Thursday / 1430 - 1730 18004/18002

HE304/HE3004 Health Economics [Back] Pre-requisite: HE1001/HE9091/AB0901 Lecturer/s: Senior Lecturer David Alexander Reisman Health care is expanding rapidly in both private and public sectors of the economy. As prevention and cure of illness absorbs a larger and larger share of the national product, it becomes increasingly important to examine the implications for efficiency and equity of the use that the industry makes of scarce resources. This course will consider the principal areas of concern to the economist interested in health status and health care. The topics will include demand, uncertainty, spillovers, health indicators, cost-benefit and cost-effectiveness techniques, the goals and cost-functions of hospitals, the market for medical-insurance, the pharmaceutical industry, manpower planning and health education. Theories will be illustrated with material relating to Singapore and other countries, developed and less developed.


SEM1 Friday / 0830 - 1130 18006/18005

HE305/HE3005 Environmental Economics [Back] Pre-requisite: HE1001/HE9091/AB106/AB0901 Lecturer/s: Senior Lecturer William Henry Clune / Professor Euston Quah This course deals with the application of microeconomic tools to the analysis of environmental externalities. A main theme is the impact of economic activity on the quality of the environment and the related policies and regulations that arise in response to these impacts. The course will cover methods of valuing non-market environmental resources; assessment of environmental benefits and damages; analytical tools such as cost-benefit analysis needed for project evaluation and environment impact assessments; the concept of optimal pollution and its control; regulation and market solutions. Selected topics on international environmental issues and aspects of sustainable development will also be discussed.


SEM1 Friday / 1130 - 1430 18006/18007

HE310/HE3010 Energy Economics [Back] Pre-requisite: HE1001/HE9091/AB106/AB0901 Lecturer/s: Assistant Professor Chang Youngho This course seeks to give students an introduction to the economics of energy use and its relationship with the environment. It looks at energy demand and supply, both now and in the future, and energy markets and trading (in particular, in oil markets). Alternative energy supply technologies and the economics of renewable resources are also examined. Issues such as monopoly power in electricity markets and regulation and deregulation in such markets will also be discussed. Finally, it deals with issues relating to energy security and the effect of energy use on the environment and climate change.



T1 Tuesday / 1030 - 1130 18013/18009

T2 Tuesday / 1130 - 1230 18014/18010

T3 Tuesday / 1230 - 1330 18015/18011

T4 Tuesday / 1330 - 1430 18016/18012

HE4002 Advanced Macroeconomics [Back] Pre-requisite: HE2001/HE2002 Lecturer/s: Assistant Professor Tang Yang The course aims to give students an overview of the field of macroeconomics using models and techniques to gain insights into important issues in macroeconomics. It covers issues in economic growth such as why some countries are rich while others are poor, what accounts for the increases in income over time and why some countries experience economic growth while others experience economic stagnation. It also covers issues such as the sources of economic booms and recessions and of inflation and unemployment. In the discussions of growth, inflation and unemployment, competing theories will be considered and the impact of government policies will be assessed.


SEM1 Wednesday / 0930 - 1230 18022

SEM2 Friday / 1430-1730 18023

HE4005 Growth Theory and Empirics [Back] Pre-requisite: HE2001 and HE2002 Lecturer/s: Visiting Associate Professor James Ang The course aims to equip students with analytical tools used in various economic growth models. The basic Solow Model and the Ramsey Model will be presented, followed by models with product variety, product quality, technology diffusion, and human capital. Selected topics on income inequality, social mobility, institution, natural resources, unemployment, migration, finance, and others in relation to growth theory will be examined. Recent empirical studies on economic growth will be discussed and assessed.


LEC1 Monday / 1130 - 1330 -

TUT1 Monday / 1030 - 1130 18024

TUT2 Monday / 1330 - 1430 18025

HE4010 Singapore Economy in a Globalized World [Back] Pre-requisite: HE2001 and HE2002 Lecturer/s: Dr Sng Hui Ying This is a capstone course designed for final year economics students. This course is a study of Singapore economic policies - their rationale, their design and what they have achieved. The topics will include exchange rate, privatization and competition, manpower and labour market, industrial economics, and monetary and fiscal policies. The objective is to provide final year economics undergraduates with greater insights into the policies that have shaped Singapore's economic growth and to be engaged in a discussion of these policies. It will be unique in drawing upon the expertise of adjunct staff who have been, and/or are involved in making policy and of staff members who have worked extensively in the area, and on senior government policy and decision-makers.



T1 Thursday / 0930 - 1130 18026

T2 Thursday / 1130 - 1330 18027

T3 Thursday / 1430 - 1630 18028

HE4013 Experimental Economics [Back] Pre-requisite: HE2001 Lecturer/s: Assistant Professor He Taisen This course introduces the methodology of experimental economics and its application to specific topics. The main themes are: Designing economic experiments; Conducting economic experiments; Analysing experimental data; Applications to time preferences, risk preferences, and social preferences. Students will be required to develop their own research idea, design an appropriate experiment, and implement this experiment.


LEC1 Monday / 0930 - 1130 -

T1 Monday / 1230 - 1430 18029

T2 Monday / 1430 - 1630 18030

HE4015 Personnel Economics [Back] Pre-requisite: HE201/HE2001 Lecturer/s: Assistant Professor Chen Xiaoping Personnel Economics is the application of economic and mathematical approaches and econometric and statistical methods to traditional topics in the study of human resources management. Compared to the standard labor economics courses, this course focuses more on the internal labor market within firms. This includes topics such as compensation, turnover, incentives, and compensation that are inherently economic, as well as those that do not at first appear to be economic topics, such as norms, teamwork, worker empowerment, and peer relationships. It has become a rapid developing research field since its birth and, as a course, has been taught in many top universities and MBA programs. The current course is a general introduction to this emerging field of researches and the human resource management in practice. We analyze the efficient allocation and motivation of employees as well as their development of skills within a company. We discuss recruiting mechanisms, training strategies and efficient compensation schemes. The course also has a focus on recent empirical evidences within the field of personnel economics.


LEC1 Friday / 0930 - 1130 -

T1 Friday / 1330 - 1530 18031

T2 Friday / 1530 - 1730 18032

HE4017 Monetary Economics [Back] Pre-requisite: HE1003 & HE2001/HE201 & HE2002/HE202 Lecturer/s: Assistant Professor Kang Minwook The course will start with a simple model of money, the overlapping generations model where money is a store of value. The fundamentals of the demand for fiat money, inflation, the demand deposit, bank runs and the role of central banking are examined. Then, we will study money interaction with other financial assets and the real effects of money on output and national account.


LEC1 Tuesday / 0930 - 1130 -

T1 Tuesday / 1230 - 1430 18033

T2 Tuesday / 1430 - 1630 18034

HE4020 Econometric Time Series Analysis [Back] Pre-requisite: HE3021 Lecturer/s: Associate Professor Low Chan Kee This course provides an introduction to econometric time series techniques that are widely used in analyzing economic data. The course will meet the needs of students who plan more advanced studies in this area. Students are instructed on the econometric time series techniques that can be used for empirical economic studies, as well as to analyze financial time series. Topics covered include stationary time-series models, trends and volatility modeling, models for time-varying volatility, univariate processes with unit roots, multiequation time-series models, cointegration and the error-correction models.


SEM1 Tuesday / 1430 - 1730 18035

Documents

List of Econ Courses Offered in SEM1 AY1415 (Revised)