School of Economics

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Quantitative Economics Track (QET)

Information & Sharing

Session

by

Prof Gea M Lee Associate Dean

School of Economics Singapore Management University

School of Economics

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Overview

The Quantitative Economics Track is designed to respond to the industry’s and academia’s increasing demand for a more technical and quantitative analysis of economic situations and issues.

SOE Alumni and employers both in the government

economic agencies as well as the private sector, are supportive of the School’s move to offer this Track.

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Quote from Employer

“Today’s employers and graduate economics departments are increasingly looking for economics graduates with experience or exposure to advanced training in quantitative economics…the QET is a timely response to the demands of today’s economics graduates.”

Dr Yip Chun Seng Principal Economist (Fiscal Policy) Ministry of Finance

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Who should apply?

This Track is for students: who are interested in becoming professional economists

in the government or private sectors;

who want to pursue a more technical career path in the industry;

interested in pursuing graduate studies, be it in Economics or in Finance;

who simply want to increase the scope and depth of their knowledge in the quantitative aspects of Economics.

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Who qualifies?

1st and 2nd BSc (Economics) degree students who have not taken IEB (or IEA).

Students who take this track do the same number of

Economics modules as those under the regular Economics degree programme.

You can take this track and still maintain your second

major and/or second degree .

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Structure & Curriculum Economics Major Courses (5 Compulsory) 1. Applied Econometrics 2. Intermediate Microeconomics

3. Intermediate Macroeconomics

4. International Trade

5. International Macroeconomics

Instead of International Economics B, take 4 & 5. These

4 & 5 are mutually exclusive from International Economics A/B

They may fulfill Global & Regional Studies for Economics 2nd degree students.

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Structure & Curriculum Quantitative Economics Courses (3 QET)

1. Advanced Microeconomics 2. Advanced Macroeconomics 3. Intermediate Econometrics

Complete 3 remaining electives from any Economics

Major (EM) Electives.

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Economics Major Electives

Game Theory Industrial Organisation Labour Economics Monetary Economics Public Sector Economics Urban Economics & Real Estate Economic Forecasting Economics of Asymmetric Information Economics of Politics Health Economics Real Estate Economics Political Economy of Globalisation

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Economics Major Electives

Independent Study (1 cu) – Project on a specific topic of interest not available in

regularly offered courses – Limited to total of 2 courses & only 1 per term – Cumulative GPA of at least 3.3

Senior Thesis Seminar (2 cu) – Maintain GPA of at least 3.4 in EM courses – Economics Honours Programme reflected in official

transcript

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Curriculum structure for students admitted in AY2012-13 onwards

Compulsory (5)

Applied Econometrics

Intm Micro

Intm Macro

Intl Trade

Intl Macro

Choose remaining 3 from list of EM electives

Compulsory (3)

Adv Micro

Adv Macro

Intm Econometrics

TOTAL NO. OF Econ Major COURSES = 11

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Curriculum structure for students admitted in AY2011-12

Compulsory (5)

Applied Econometrics

Intm Micro

Intm Macro

Intl Trade

Intl Macro

Choose remaining 3 or 4 from list of EM electives

Choose 2 or 3

Adv Micro

Adv Macro

Intm Econometrics

TOTAL NO. OF Econ Major COURSES = 11

School of Economics

Credit Transfer Policy

Under the SMU Credit Transfer Policy, all compulsory EM courses are not allowed to be done on exchange. Thus, the following courses must be done in SMU:

* applicable to intakes AY2012-13 onwards

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5 EM Compulsory 3 QET Compulsory* Applied Econometrics Intermediate Macroeconomics Intermediate Microeconomics International Trade International Macroeconomics

Advanced Macroeconomics Advanced Microeconomics Intermediate Econometrics

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Structure & Curriculum Economics Major-Related Courses 9 (8 admitted in AY2010-11)

2 Compulsory: Introduction to Statistical Theory and

Intermediate Mathematics for Economics are compulsory courses.

7 Others: Students can choose to do more EM Electives

under EMR. Alternatively, you may choose from a range of courses across all schools; i.e. you can still opt for this track and use the EMR requirements to do your 2nd major or 2nd degree courses.

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Trying out the Quantitative Economics Track International Trade & International Macroeconomics to

replace IEB; counted as 2 course units. Advanced Microeconomics, Advanced Macroeconomics

& Intermediate Econometrics are also offered as Economic Major Electives.

For those who do not opt for the quantitative economics

track, you can still take these courses to satisfy the EM or EMR requirements.

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Recognition of the Quantitative Economics Track

The successful completion of this track will be reflected

in your transcript as: Degree Awarded: Bachelor of Science (Economics) Major(s): Economics (Quantitative Economics)

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Quotes from Past QET Graduates “After taking the modules offered under QET, I was

equipped with economic tools that helped me better understand economic problems in other courses. While the quantitative analysis may be rigorous at times, the professors were very patient in guiding the students.”

Jeannie Yang (QET+2nd degree in Accountancy) “Taking advanced courses will develop your problem

solving skills. Moreover, you would get to forge friendships with classmates who are highly motivated and enthusiastic about learning.”

Leung Weiwen (QET+2nd major in Applied Statistics)

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General Information School of Economics Singapore Management University 90 Stamford Road Singapore 178903 Tel : +65 6808 5137 Fax : +65 6828 0833 Email : undergrad_econs@smu.edu.sg Website : http://www.economics.smu.edu.sg We welcome your questions

and comments.