​​BSP1005: Managerial Economics
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You will learn more about the workings of supply and demand in the market, as well as the rational behaviour of individual consumers and firms, which will be useful as a foundation for decision making on the allocation of scarce resources and developing counter strategies to solve problems. With more focus on micro-economics and its business applications, get a good grasp of the basic concepts and it will serve you well. For students who have taken the Economics subject in GCE ‘A’ Levels, you may find yourself to have a comparative advantage.


Tips: With the focus on mathematical concepts rather than the evaluative style of Economics taught in the JC curriculum, it would be advisable to remember and practice these formulas by doing tutorials and past year examination papers.

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BSP2001: Macro and International Economics

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Moving from the behaviour of individuals to the economy on the whole, this module will bring to you concepts such as output, unemployment, inflation, exchange rates and the different policies governments may implement. These together with studying the international trends would give you a better idea on the overall direction of a country and the world. While it sounds similar to GCE ‘A’ Levels’ Macro Economics, be prepared for more mathematical concepts and calculations. Therefore, similar to above, the crucial thing is to understand the concepts well, rather than rote learning.
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Tips: With assessments similar to those above, the same applies.



​DSC1007: Business Analytics - Models & Decisions​

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A relatively new module, this module focuses on the use of statistics, as well as Microsoft Excel in problem solving and business applications. This is a quintessential skill as it teaches you to utilise the widely available, yet powerful tool of Microsoft Excel to simulate different business models and to provide solutions to complex problems with the use of a few simple mathematical formulas and Microsoft Excel commands.
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Tip: Applications of Microsoft Excel is crucial for the final examination thus it would be wise to bring along your laptops for classes to follow the Microsoft Excel demonstrations and to note down the steps for your group project assignment.​

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DSC2008: Business Analytics - Data & Decisions​

​A relatively new module as well, it builds on DSC1007, using more advanced statistical methods to assist in decision making. This module introduces the fundamental concepts of statistical inference such as confidence analysis, regression analysis and time series analysis. Students who are familiar with statistics may have a slight edge in this module.​

Tip: Do not be scared by what the seniors tell you, this module is actually not that difficult. Statistical background does help, but what is important is understanding the key concept of hypothesis testing and the various statistical distributions. Regression is quite a significant portion of the module, so do understand it well. Be willing to put in effort to review the topics after each lecture, it will help your understanding tremendously.​

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