Bachelor of Arts (Economics)

Bachelor of Arts (Economics) – Full-time
Developed and awarded by The University at Buffalo, The State University of New York, US

• Understanding scarcity, optimal allocation of resources
• Economics is concerned with scarcity and its implications on the use of resources, production of goods and services, growth of production and welfare over time.
• The study of Economics therefore equips students with an understanding of the optimal utilisation of resources to meet private and social goals.
• In addition, the student of Economics also learns the invaluable life skill of applying his knowledge to achieve the most satisfactory allocation of personal resources.

SIM is the only offshore institution in the world to offer undergraduate programmes from University at Buffalo.

Entry for students is a minimum 5 GCE ‘O’ level passes or equivalent. Advanced standing credit may be granted for applicants with ‘A’ levels or polytechnic diplomas.

More than 50% of programmes are taught by overseas visiting faculty.

The cost of studying at SIM is 60% lower than studying in the US.

Other full-time UB programmes offered at SIM:
Bachelor of Arts (Communication)
Bachelor of Arts (Sociology)
Bachelor of Arts (Psychology)
Bachelor of Science(Business Administration)
Bachelor of Arts (Communication and Sociology)
Bachelor of Arts (Psychology and Sociology)
Bachelor of Arts (Communication and Psychology)
Bachelor of Science (Business Administration) and Bachelor of Arts (Psychology)

The programme is offered full-time over 9 semesters and can be completed within 3 years. The academic year is divided into three semesters. Each semester is 12 -15 weeks in length.

• Summer semester: May to August
• Fall semester: August/September to December
• Spring semester: January to April

Click here for a copy of the tentative schedule

Candidature Period

The maximum allowed period for a student to complete a single degree program would be 6 years and a double major or double degree program would be 8 years. If a student fails to complete the course within the candidature period, they will not be entitled to any recourse or refund.

Mode of Delivery

Lectures, discussions, presentations, activities and consultations.

Minimum Number of Students Required for Class Commencement

For a class to commence, there must be minimum of 25 students. In the event that the class cannot commence due to low take up rate, the students will be informed at least one month prior to class commencement.

Acceptance Criteria

• Successful completion of the prerequisite modules.

• Successful completion of two or more Economics modules with a minimum cumulative GPA of 2.0.

• Minimum GPA of 2.0 overall.

• Completion of a minimum of 30 credits.

• Minimum completion of 120 credits.
• Minimum GPA of 2.0, both overall and at UB
• Minimum GPA of 2.0 in Economics modules at UB
• Meet major and general education requirements.

Prerequisite Modules

• ECO 181 Introduction to MacroEconomics (4 credits)¹
• ECO 182 Introduction to MicroEconomics (4 credits)¹
• MTH 121 Survey of Calculus & Its Applications I (4 credits)
• MTH 122 Survey of Calculus and Its Applications II (4credits)¹

Required Modules

• ECO 405 Microeconomic Theory (3 credits)
• ECO 407 Macroeconomic Theory (3 credits)
• ECO 480 Econometrics I (4 credits)
• Four 300/400-level Economics electives (12 credits)
• Economics electives at any level (3 credits)

General Education

• ESL 407 Written English I (3 credits)
• ESL 408 Written English II (3 credits)
• MTH 115 Survey of Algebra & Trigonometry (4 credits)
• MUS 113 Music and Society (3 credits) or
  MUS 115 Understanding Music (3 credits) or
  MUS116 Theory of Music for Nonmajors (3 credits) or
  MUS 264 World Music (3 credits)
• NTR 108 Human Nutrition (3 credits)²
• NTR 109 Nutrition in Practice (3 credits)²
• NTR 110 Nutrition in Practice Lab (1 credit)²
• PHI 101 Introduction to Philosophy (3 credits) or
  PHI 107 Ethics (3 credits) or
  PHI 115 Critical Thinking (3 credits)
• UGC 111 World Civilizations I (3 credits)
• UGC 112 World Civilizations II (3 credits)
• UGC 211 American Pluralism & the Search for Equality (3 credits)

47 credits

Please click link below to retrieve the description of the modules.
UB Undergraduate Catalogue

Applicants will be assessed based on all the qualifications they have submitted. Meeting the minimum requirement does not mean automatic admission.

GCE ‘O’ level with minimum 5 credit passes (6 or better) with suitable academic preparation for the intended major.

Applicants with GCE ‘A’ level or polytechnic diplomas may be considered for admission with advanced standing credit.

Most recent 3 years of high school grade of B equivalent to IB score 4.5. IB Diploma holders may be awarded up to 30 credit transfers.

Click here for the admission criteria of international students.

All applicants who are not native speakers of English must demonstrate proficiency in English with minimum score of one of the following:

• Paper-based TOEFL 550
• Internet-based TOEFL 79
• IELTS 6.5 (no subsection score below 6.0)
• SAT I Critical Reading 480
• PTE Academic 55 (with no subsection score below 50)

Only scores from tests taken within 2 years before the time of enrolment are acceptable.

Singapore Citizens and Permanent Residents who have had at least 10 years of their primary and secondary education in Singapore in an English-medium government school, and completed their GCE ‘O’ level with a grade of ‘C’ (6 or better) in English as a first language, are exempted from the English Language proficiency requirement.

Course Fee:

S$556.40 (per credit)
S$66,768.00 (minimum 120 credits)
Inclusive of 7% GST

Application Fee:

S$85.60 (Singapore citizens and PRs)
S$267.50 (international applicants)
Inclusive of 7% GST

Nil

To ensure parity in standards, rigours of the programme, integrity of the UB degree, and to comply with US. accreditation requirements, more than 50% of the modules are taught by UB faculty and the remaining modules will be taught by qualified local faculty who must be approved by UB.

Average teacher-student ratio = 1:16.

Lecturers & Their Teaching Modules (as at January 2012)

The normal module load for students is 12 to 15 credit hours per semester.

Students may register for modules and make changes to their class schedule. Students who choose to drop or resign from any modules, are on official leave of absence or have to repeat any failed modules, may take more than three years to complete their studies.

Continuous assessment comprises tests, quizzes, assignments, projects, presentations, participations and activities which are scheduled throughout the semester.

The final examination is held during the two weeks after the semester ends. The detailed assessment schedules can be found in the individual course syllabi accessible by the students via the Students’ Portal or UBLearns once they are in the program.

Students are allowed to progress through each semester till they satisfactorily complete the conferral requirements.

SIM requires all students (both local and international) to attend all scheduled lessons and activities unless they have valid reasons supported by documents such as medical certificates.

All full-time local students are required to attain a minimum attendance rate as stipulated by the partner universities/institutions or 75%, whichever is higher.

For all international students, the minimum attendance requirement is 90% as mandated by the Immigration and Checkpoints Authority of Singapore.

Students must complete a minimum of 120 credits with a minimum overall and UB GPA of 2.0 to be awarded the degree.

Students who successfully complete all the requirements of the programme will be awarded the Bachelor of Art (Economics) degree by the University at Buffalo, The State University of New York, US.