During the 2nd Global Study Week, our BAFS and Economics students participated in a 4-day study tour to Singapore, gaining valuable insights into how economic theories are applied in a dynamic global city.

Academic Insight at NTU

A university-level Economics lesson at Nanyang Technological University (NTU) deepened students’ understanding of the key differences between the economic structures, social policies, and macroeconomic strategies of Singapore and Hong Kong, while also highlighting Singapore’s future development opportunities.

Real-world Application

A visit to the Monetary Authority of Singapore (MAS) brought textbook concepts to life, as students explored the real-world application of exchange rate management, the functions of money, government monetary policy in controlling inflation, and how financial systems address the needs of individuals.

Commitment to Sustainability

The tour also enhanced students’ awareness of sustainability through a visit to an eco-digester centre, where they learned how food waste is recycled and converted into useful resources, underscoring the importance of sustainable practices in modern economies.

Conclusion

By connecting classroom learning with real-world application, the tour provided a highly inspirational and enriching experience, deepening students’ understanding of the importance of economics and finance in everyday life.