Global Economic Dimensions of Singapore

(3 Credit Hours) · Undergraduate

This course introduces students to the dynamics of the world economy and the impact on Singapore in recent years. It will demonstrate how Singapore grew through continual dependence on the rest of the world in different ways by focusing on major labor, capital and technological factors, in which threats are also seen as opportunities. The course is likely to impart useful knowledge and information on the prime development issues that concern Singapore today. After the successful completion of the module, students should be able to identify the main problems that Singapore currently faces and would be able to make some policy suggestions in dealing with these problems. The challenges include intense global competition for businesses, trade and talent and the limitations faced by Singapore due to its smallness in size and lack of natural resources.