Economic policy is rooted in the belief that government should be involved in some, if not all, financial decisions regarding local, state, and national economies. Economic policy may refer to interest rates, tax policy, government spending, as well as economic development and trade policies.

Singapore (新加坡) is a city-state in Southeast Asia. Founded as a British trading colony in 1819, since independence it has become one of the world's most prosperous countries and boasts the world's busiest port. Singapore has six national universities and are generally well-regarded and attracts exchange students from all over the world.

An MA is a master’s degree awarded to students that have completed a program studying humanities or fine arts subjects such as history, communications, philosophy, theology or English. A Master of Arts degree typically requires coursework, research and written examinations.