ชื่อหลักสูตร
     ภาษาไทย:  เศรษฐศาสตรบัณฑิต (นานาชาติ)
     ภาษาอังกฤษ:  Bachelor of Economics (International)

Degree program 

Bachelor of Economics (International Program)

B. Econ. (International Program)

1. Name of degree

     Bachelor of Economics Program (International Program)

Full Title: Bachelor of Economics (International Program)

Abbreviation: B. Econ. (International Program)

2. Philosophy of the curriculum

Economics-based knowledge at the global level supports economic and social sustainability for adaptation to global changes

3. Objectives of the curriculum

The qualifications of the program’s graduates are as follows:

3.1 having a strong foundation in economics and being able to apply economic theories into economic phenomena analysis

3.2 being able to utilize economic knowledge and English skills in careers relevant to job markets of government and private sectors, both in the ASEAN community and other countries

3.3 having moral, ethics, social responsibility, and leadership as well as collaborative skills to work with others

3.4 being equipped with communicative English and information technology skills and able to work effectively in the global society

4. Academic Year

Semester 1: August to December

Semester 2: January to May

Summer Semester: June to July

Note: Summer semester is offered, if necessary, under the consideration of the curriculum committee

5. Program Length

Time required to finish the degree

Bachelor of Economics Program (International Program) is a four-year undergraduate program with a minimum requirement of 120 credits

6. Number of Credits Required

Minimum number of credits required for the bachelor’s degree is 120 credits

7. Tuition Fees

For Thai citizens, the tuition is THB50,000 per semester. For foreign citizens, the tuition is THB60,000 per semester.

8. Curriculum Structure

Courses Credits
1. General education           31
1) Language       9
2) Science and mathematics       6
3) Arts       15
2. Major courses      84
1) Fundamental courses      12
2) Required courses      48
3) Elective courses      24
3. Free elective courses      6
Total     120

9. Course List

  1. General education courses: The minimum requirements are 30 credits from the followings:

1.1 Language: The minimum requirements are 9 credits

1.1.1 Thai: The minimum requirements are 3 credits from the followings

SWU 111        Thai for Communication

1.1.2  Foreign Language: The minimum requirements are 6 credits from the followings

SWU 121        English for Effective Communication I                                       3(2-2-5)

SWU 122        English for Effective Communication II                                     3(2-2-5)

SWU 123        English for International Communication I                                 3(2-2-5)

SWU 124        English for International Communication II                                3(2-2-5)

1.2 Science, mathematics and technology: The minimum requirements are 6 credits from the followings

SWU 141        Life in a Digital World                                                                3(2-2-5)

SWU 142        Science for Life Quality Development and Environment           3(2-2-5)

SWU 143        Alternative Energy                                                                       3(2-2-5)

SWU 145        Wellness and Healthy Lifestyle                                                   3(2-2-5)

SWU 243        Personal Financial Management

SWU 341        Physical Science, Laws of Nature, Energy and Spirit                 3(2-2-5)

1.3 Arts: The minimum requirements are 15 credits from the followings

1.3.1 Required courses: The requirements are 9 credits as the followings

SWU 151        General Education for Human Development                              3(2-2-5)

SWU 251        Man and Society                                                                          3(2-2-5)

SWU 252        Aesthetics for Life                                                                       3(2-2-5)

1.3.2 Elective courses: The minimum requirements are 6 credits from the followings

SWU 351        Personality Development                                                             3(2-2-5)

SWU 352        Philosophy and Thinking Process                                                3(2-2-5)

SWU 353        Man, Reasoning and Ethics                                                         3(2-2-5)

SWU 354        Man and Peace                                                                             3(2-2-5)

SWU 355        Buddhism                                                                                     3(2-2-5)

SWU 356        Literature for Intellectual Powers                                                3(2-2-5)

SWU 357        Art and Creativity                                                                           3(2-2-5)

SWU 358        Music and Human Spirit                                                              3(2-2-5)

SWU 361        History and Effects on Society                                                    3(2-2-5)

SWU 362        Man and Civilization                                                                   3(2-2-5)

SWU 363        Man and Politics                                                                          3(2-2-5)

SWU 364        Economy in Globalization                                                           3(2-2-5)

SWU 365        Principles of Modern Management                                             3(2-2-5)

SWU 366        Social Psychology                                                                        3(2-2-5)

SWU 367        General Laws                                                                               3(2-2-5)

SWU 371        Creativity, Innovation and Technology                                       3(2-2-5)

SWU 372        Local Wisdom                                                                              3(2-2-5)

SWU 373        Man and Community                                                                   3(2-2-5)

SWU 374        Ethical Careers for Community                                                   3(2-2-5)

SWU 375        Good Governance in Community Management                          3(2-2-5)

 

 

  1. Major courses: The minimum requirements are 84 credits from the followings

2.1 Fundamental courses: The requirements are 12 credits as the followings

ECO 111        Introduction to Political Science                                                  3(3-0-6)

ECO 211        Accounting for Economists                                                         3(3-0-6)

ECO 212        Introduction to Business                                                              3(3-0-6)

ECO 311        Law for Economists                                                                     3(3-0-6)

 

2.2 Required courses: The requirements are 48 credits as the followings

ECO 121        Introduction to Microeconomics                                                  3(3-0-6)

ECO 131        Mathematical Economics 1                                                          3(3-0-6)

ECO 132        Mathematical Economics 2                                                          3(2-2-5)

ECO 221        Introduction to Macroeconomics                                                 3(3-0-6)

ECO 222        Intermediate Microeconomics                                                     3(3-0-6)

ECO 223        History of Economic Thought                                                     3(3-0-6)

ECO 231        Economic Statistics                                                                      3(2-2-5)

ECO 321        Intermediate Macroeconomics                                                     3(3-0-6)

ECO 322        Thai Economy                                                                              3(3-0-6)

ECO 323        Economic Policy Analysis                                                           3(3-0-6)

ECO 331        Econometrics                                                                               3(2-2-5)

ECO 341        Economics of Human Resource Management                             3(3-0-6)

ECO 351        Money and Banking                                                                     3(3-0-6)

ECO 361        International Economics                                                              3(3-0-6)

ECO 421        World Economy                                                                           3(3-0-6)

ECO 486        Seminar in Economics                                                                 3(2-2-5)

 

2.3 Elective courses: The minimum requirements are 24 credits as the followings

Group 1 for 12 credits

Group 2 & 3 for 12 credits

2.3.1 Entrepreneurship Sector

Group 1 Entrepreneurship Sector

ECO  342        Managerial Economics and Strategies                                         3(3-0-6)

ECO 441        Economics of Information Technology                                       3(3-0-6)

ECO 442        Creative Economy                                                                       3(3-0-6)

ECO  443        Transportation and Logistic Economics                                      3(3-0-6)

2.3.2 Finance and Banking Sector

Group 2 Finance and Banking Sector 

ECO 352        Monetary Theory and Policy                                                       3(3-0-6)

ECO 451        Time Series Analysis                                                                   3(2-2-5)

ECO 452        Theory of Financial and Capital Markets                                    3(3-0-6)

ECO 453        Principles of Investment

2.3.3 Industry Trade and Service Sector

Group 3 Industry Trade and Service Sector

ECO 362        Industrial Organization                                                                3(3-0-6)

ECO 461        Economics of Integration and International Investment              3(3-0-6)

ECO 462        International Business Management                                            3(3-0-6)

ECO 463        Economics of Service Sector                                                       3(3-0-6)

 

 

2.3.4 Elective courses

ECO 371        Development Economics                                                             3(3-0-6)

ECO 372        Public Finance                                                                             3(3-0-6)

ECO 373        Gender Economics                                                                       3(3-0-6)

ECO 471        National Resources and Environmental Economics                    3(3-0-6)

ECO 472        Agricultural Economics                                                               3(3-0-6)

ECO 473        Labor Economics                                                                         3(3-0-6)

ECO 474        Health Economics                                                                        3(3-0-6)

ECO 475        Game Theory                                                                               3(3-0-6)

ECO 476        Project Evaluation and Analysis                                                  3(2-2-5)

ECO 481        Special Topics in Economics for Short Term Study 1                2(1-2-3)

ECO 482        Special Topics in Economics for Short Term Study 2                2(1-2-3)

ECO 483        Current Economics Problems and Issues                                     3(3-0-6)

ECO  484      Special Topics in Economics                                                        3(1-4-4)

ECO  485      Co-Operative Education                                                              6(0-18-0)

 

  1. Free elective courses

The minimum requirements are six credits from any faculty in Srinakharinwirot University upon completion of the 120 credit requirements for the degree.

10. Study Plan

  1. First Year
    First semester Credits Second semester credits
    General education

    SWU 243 Personal Financial Management SWU 151 General Education for Human Development

    SWU 123 English for International Communication 1

    9

    3(2-2-5)

    3(2-2-5)

    3(2-2-5)

    General education

    SWU 141 Life in a Digital World

    SWU 111 Thai for Communication

    SWU 124 English for International Communication 2

    9

    3(2-2-5)

    3(2-2-5)

    3(2-2-5)

    Foundation  courses

    ECO 111 Introduction to Political Science

    3

    3(3-0-6)

       
    Required courses

    ECO 131 Mathematical Economics 1

    3

    3(3-0-6)

    Required courses

    ECO 121 Introduction to Microeconomics

    ECO 132 Mathematical Economics 2

    6

    3(3-0-6)

    3(2-2-5)

    Total 15 Total 15

     

     

     

    Second Year

    First semester credits Second semester credits
    General education

    SWU 161 Human in Learning Society

    SWU 261 Active Citizens

    SWU 132 Personal Fitness

    SWU 133 Jogging for Health

     

    7

    2(2-2-5)

    3(2-2-5)

    1(0-2-1)

    1(0-2-1)

    General education

    SWU 244  Science for Better Life and Environment

    SWU 353 Man, Reasoning and Ethics

    6

    3(2-2-5)

    3(2-2-5)

    Foundation courses

    ECO 211 Accounting for Economists

    3

    3(3-0-6)

    Foundation courses

    ECO 212 Introduction to Business

    3

    3(3-0-6)

    Required courses

    ECO 221 Introduction to                                                                                             Macroeconomics

    ECO 231 Economic Statistics

    6

    3(3-0-6)

    3(2-2-5)

    Required courses

    ECO 222 Intermediate Microeconomics

    ECO 223 History of Economic Thought

    6

    3(3-0-6)

    3(3-0-6)

    Total 15 Total 15

     

     

     

    Third Year

    First semester credits Second semester credits
    Foundation Courses

    ECO 311 Law for Economists

    3

    3(3-0-6)

       
    Require Courses

    ECO321 Intermediate  Macroeconomics

    ECO331 Econometrics

    ECO341 Economics of Human Resource Management

    ECO351 Money and Banking

    12

    3(3-0-6)

    3(2-2-5) 3(3-0-6)

     

    3(3-0-6)

    Required courses

    ECO 323 Economic Policy Analysis

    ECO 361 International Economics

    ECO 322 Thai Economy

     

    9

    3(3-0-6)

    3(3-0-6)

    3(3-0-6)

        Elective courses

    ………………………

    ………………………

    6
    Total 15 Total 15

     

     

    Fourth Year

    First semester credits Second semester credits
    Required courses

    ECO 486 Economic Seminar

    ECO 421 World Economy

    6

    3(2-2-5)

    3(3-0-6)

       
    Elective courses

    …………………………

    …………………………

    6

     

    Elective courses

    ………………………

    ………………………

    ………………………

    ………………………

    12
    Free elective courses

    …………………………

    3 Free elective courses

    ………………………

     

    3
    Total 15 Total 15

     

11. Course Description

General Education Courses

  1. Language Sector

SWU 111        Thai for Communication                                3(2-2-5)

A study of communication models and strategies.         A practice in descriptive writing, summarizing, modifying and synthesizing and using language for communication in different situations, utilizing various learning processes.

SWU   121      English for Effective Communication I         3(2-2-5)

Practice of English for effective communication in a changing world, including listening, speaking, reading, writing and vocabulary for daily use, utilizing various learning processes both inside and outside the classroom; training students to become independent learners, being able to communicate in different situations and to use language as a springboard for their further language study.

SWU   122      English for Effective Communication II        3(2-2-5)

Practice of English for effective communication in changing world, including listening, speaking, reading, writing and vocabulary for daily use through various information technologies; training students to become independent learners, being able to use language to develop cooperation in learning, for the benefit of society and themselves.

SWU   123      English for International Communication I    3(2-2-5)

Practice of basic English skills, listening, speaking, reading and writing and critical thinking, emphasizing English as an international language, utilizing various learning processes, both inside and outside the classroom. This includes application in daily life and for lifelong learning, resulting in students becoming valuable members of Thai and world communities.

SWU   124      English for International Communication II  3(2-2-5)

Practice of basic English skills, listening, speaking, reading and writing and critical thinking to enhance communication skills and experience of English as an international language, including skills in presentation, utilizing various learning processes, both inside and outside the classroom, equipping students with language skills and learning skills to become lifelong learners.

  1. Science, Mathematics and Technology Sector

SWU   141      Life in a Digital World                                   3(2-2-5)

A study of communication systems and processes.  Developing skills in research and referencing with various software, and internet knowledge management, for lifelong study.  This includes practicing presentations using IT with the realization of ethics at the individual and community level, and a study of relevant laws.

SWU   142      Science for Life Quality Development and Environment                                                      3(2-2-5)

A study of concepts in science, applied science and technology and ecosystem for better understanding of the importance of harmonious cohabitation including the effects of the advancement of science and technology on the environment, society, and the economy, in order to instill the realization of the significance of the environment for better life quality and sustainable peace.

SWU   143      Alternative Energy                                         3(2-2-5)

A study of the effects of energy consumption, issues of greenhouse effects and non-sustainable economy, the meaning and significance of alternative energy, the paradigm shift of energy management towards environment-friendliness, and for the sustainability of the community rather than economic goals.

SWU   145      Wellness and Healthy Lifestyle                     3(2-2-5)

A study of principles and concepts of wellness and health, the integration of the principles and lifestyle, with an emphasis on the enhancement of students’ potential in physical development, life quality and proper lifestyle.

SWU   341      Physical Science, Laws of Nature, Energy and Spirit                                                                                               3(2-2-5)

A study of theories of the physics of nature, for example, Galileo, Newton, Einstein, quantum physics, the laws of thermodynamics, among others, to understand the power of nature and mind.

  1. Art Sector

SWU   151      General Education for Human Development 3(2-2-5)

A study of the significant meanings and values of general education in humanities, social science, science, and arts, with a focus on the development in awareness and communication, emotion and intellect, in order to become quality graduates who are able to analyze, synthesize and solve problems.

SWU    243    Personal Financial Management                      3(2-2-5)

A study of financial planning and management, financial tools for liquidity, time-value of money, financial technology, personal financial analysis, tax planning, saving planning, insurance, debt management and investment planning

SWU   251      Man and Society                                             3(2-2-5)

A study of fundamental knowledge of mankind and societies, both local and world societies, with a focus on the understanding of human behavior as models for self-improvement; better understanding of societies; developing responsibility, creativity, and morals; the appreciations of culture, art and civilization; developing common sense and consciousness in environmentally-friendly living in society; and the realization of the roles and responsibilities of citizens of the local and the world communities.

SWU   252      Aesthetics for Life                                          3(2-2-5)

A study of aesthetics theories, providing experiences in aesthetics leading to the realization of the value of beauty necessary for life; and a study of various aspects of aesthetics including performing arts, music, and nature, with a focus on various learning processes, media and circumstances.

SWU   351      Personality Development                               3(2-2-5)

Personality development for ethical and balanced individual and social life, fostering Thai cultures in the globalized world, utilizing various learning processes.

SWU   352      Philosophy and Thinking Process                  3(2-2-5)

A study of principles and theories of both western and oriental philosophies, the development of philosophy involving life, society, nature and environment, towards a decent way of living.

SWU   353      Man, Reasoning and Ethics                            3(2-2-5)

A study of reasoning and ethics to enhance truth-seeking, reasoning, and good behavior, with a focus on oneself, others and their contexts, utilizing various learning processes.

SWU 354        Man and Peace                                               3(2-2-5)

A study of principles of peace and conflict management in families, communities, and societies; concepts of peace in various religions, philosophies, beliefs, and cultures; ideas and practices of major intellectuals who are working for peace and world peace.

SWU   355      Buddhism                                                       3(2-2-5)

A study of wisdom and thinking processes in Buddhist teaching on the issues of ways of living and development, in their scientific, philosophical and religious aspects, as a guideline for moderate living.

SWU   356      Literature for Intellectual Powers                   3(2-2-5)

A critical study of notion, value and esthetics of literature in various genres for intellectual and imaginative power, and life force, leading to moderate living.

SWU   357      Art and Creativity                                          3(2-2-5)

A study of imaginative and creative power, the basis of esthetics in various kinds of arts, resulting in creative lifestyle, through various learning methodologies and tools.

SWU   358      Music and Human Spirit                                3(2-2-5)

An exploration of a wide range of music from the early ages to the contemporary ages, in western and non-western cultures, including Thai folk music, through various media and learning processes.

SWU 361        History and Effects on Society                       3(2-2-5)

A study of Thai and world histories, which develop from human perception, histories which propel societies, including histories of politics, economics, and culture.

SWU   362      Man and Civilization                                     3(2-2-5)

A study of the civilizations of eastern and western cultures in the early ages to the present, including the spreading, transferring and exchanging of civilization in various regions, resulting in the political, social, economic and cultural conditions of the present societies; and Thai culture as part of world culture.

SWU   363      Man and Politics                                            3(2-2-5)

A study of the nature of human societies and politics, social organization, governmental organizations, political parties, political processes, political behaviors and dynamics, government administration, focusing on political systems and important laws, towards moderate daily living.

SWU   364      Economy in Globalization                             3(2-2-5)

A study of background knowledge in economics, the philosophy of sufficiency economics, the present state of economics in Thailand and across the world, trends that impact people’s lives, and the roles of and relationships to economic organizations that have an effect on daily life.

SWU   365      Principles of Modern Management                3(2-2-5)

A study of ideas and principles of management, theories of modern  management, ideas relating to management of organizations, management of organization resources, issues of interest relating to trends in modern management, management of human resources, leadership, organizational development, and developing society to step forwards into peace and happiness.

SWU   366      Social Psychology                                          3(2-2-5)

A study of foundational psychology relating to the biological basis of human behavior, societal behavior, underlying societal variables influencing the behavior and psychological state of humans, societal structure and processes, attitudes, societal perceptions, relationships between people, aggression, sexual behavior and gender roles, communication, propaganda, and methods to solve problems of conflict in society.

SWU   367      General Laws                                                  3(2-2-5)

A study of the evolution of law, the characteristics of law, and the relationship between law, morality and customs. Also the categorization, ranking and classification of law, and important laws that are essential to know for leading one’s life. This course emphasizes diversity in learning and communication.

SWU   371      Creativity, Innovation and Technology          3(2-2-5)

Study, research and practice the processes of developing creative ideas using various methods. The management of local wisdom for innovating community technologies relevant to agriculture, engineering, handicrafts, community business, community relations, and the environment. This course emphasizes diversity in learning and communication.

SWU   372      Local Wisdom                                                3(2-2-5)

Study and research local and community wisdom, wisdom that comes from processes of thinking and studying, development through action and interaction in the community, wisdom in living life with others and with the natural environment, and wisdom in finding value and true selfhood as a human. This course emphasizes diversity in learning and communication.

SWU   373      Man and Community                                     3(2-2-5)

Study and research to develop the physical geography of the community, locality reflected in geography, specific characteristics and the merging of community relations in the context of geography, culture and ethnicity, on the basis of virtue, ethics and goodness. This course emphasizes diversity in learning and communication.

SWU   374      Ethical Careers for Community                     3(2-2-5)

Study, research and development of ethical careers in the community with the purpose of building robust ethical careers, establishing appreciation of the dignity of the community, ethical careers that honor the natural environment, peace, goodness, the arts, culture and the philosophy of sufficiency economics. This course emphasizes diversity in learning and communication.

SWU   375      Good Governance in Community Management                                                                                                        3(2-2-5)

Study and research the establishment and execution of good governance and management of the community on a foundation of correctness and the rule of law, transparency, trustworthiness, accountability, participation, and responsibility of role and duty, in order to develop the individual, family and community to endure strength. This course emphasizes diversity in learning and communication.

Major Courses

  1. Foundation Courses

ECO 111         Introduction to Political Science                    3(3-0-6)

A study of introduction to the basic knowledge of political science; definition, evolution and boundary of political science, theories , branches and contents of political science, relation between political science and other fields of studies; state and sovereign power,  political institutions, political processes and political behavior.

ECO 211        Accounting for Economists                            3(3-0-6)

A study of definitions of accounting, objectives and benefits of accounting, topics in accounting; general principles and procedures, preparation of trial balance, working papers, financial statements for service firms and merchandising firms, voucher system and petty cash system.

ECO 212         Introduction to Business                                 3(3-0-6)

A study of fundamental ideas of management, business, marketing, human-resources, business environment and financial management policies. Principle of business morality including basic measures and laws related to business management.

ECO 311         Law for Economists                                        3(3-0-6)

A study of general characteristics of law, classification of law, code of law, law enforcement and interpretation of law; legal gap, fundamental rights and basic law related to business, international law, public law, security and exchange law and intellectual property law

  1. Required Courses

ECO 121         Introduction to Microeconomics                    3(3-0-6)

A study of the factors that determine demand and supply, price elasticity, analyzing and evaluating government intervention, the theory of consumer choice, the theory of production; externalities, public goods, production costs, perfectly competitive market, monopoly, monopolistic competitive market, oligopoly and market for factor inputs.

ECO 131         Mathematical Economics 1                            3(3-0-6)

A study of theories of set and function, logarithmic and exponential functions, basic level of matrix algebra, derivatives, basic comparative static analysis, optimization in a single variable model, optimization in a single condition and applications of macroeconomic and microeconomic models.

ECO 132         Mathematical Economics 2                            3(2-2-5)

(Prerequisite: ECO 131 Mathematical Economics 1)

A study of linear models and matrix algebra. Analyzing comparative statics by using differentials and total derivatives, optimization in multi-variable models, optimization with inequality constraints, integral calculus, difference equations and differential equations and the application of macroeconomic and microeconomic models.

ECO 221         Introduction to Macroeconomics                   3(3-0-6)

A study of the determination of national income and national income accounts, consumption and investment, unemployment and inflation, economic growth, aggregate demand and aggregate supply. Analyzing money markets, monetary policies and fiscal policies, basic international finance.

ECO 222         Intermediate Microeconomics                        3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 131 Mathematical Economics 1)

A study of  application of microeconomic theories through empirical study, explanations of the consumer choice theory, choices under uncertainty, externalities, public goods, production costs, perfectly competitive market, monopoly, monopolistic competitive market, oligopoly and market for factor inputs, Game theory, and asymmetric information.

ECO 223         History of Economic Thought                        3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of the evolution of economic theories since Classic, Marxism, Neo-Classic, Marxism, Keynesian, Monetarism, Rational expectations theory, Real Business Cycle, Post Keynesian. A study focus on philosophy and various concepts from both capitalists and socialists.

ECO 231         Economic Statistics                                        3(2-2-5)

(Prerequisite: ECO 131 Mathematical Economics 1)

A study of probability, random variables, samplings, probability distributions,  estimation, hypothesis testing, nonparametric tests, correlation analysis, basic model of linear regression, including data analysis, economic application, and usage of statistical software.

ECO 321         Intermediate Macroeconomics                       3(3-0-6)

(Prerequisite: ECO 131Mathematical Economics 1 and ECO 211    Accounting for Economists)

A study of the determination of aggregate output, inflation rates, unemployment and interest rates. Analyzing the relation between goods markets, money markets and labor markets, the role of monetary policies and fiscal policies, economic stabilization, rational expectations theory, Real Business Cycle theory and models of macroeconomics in an open economy.

ECO 322         Thai Economy                                                3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of Thailand’s National Economic and Development Plans, a change of Thai economy structure in the manufacturing sector, commercial sector and service sector, the connection between the Thai economy and world economy. Topics include monetary policies, fiscal policies and other policies related to economic and social development in Thailand.

ECO 323         Economic Policy Analysis                             3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of economic policies using the combination of analysis and case studies. Focus on taxation, social insurance, subsidies, income distribution, public health, education, environment and government fiscal budget. A study of strategic choice of production units which affects the attribution of public policies and the method of which the production units can be beneficial when making choices.

ECO 331         Econometrics                                                 3(2-2-5)

(Prerequisite: ECO 231 Economic Statistics)

A study of multiple regression models and correlation analysis; heteroscedasticity, endogeneity, measurement errors, dummy variables, limited dependent variables, choice model, lagged model, cross-section analysis, qualitative data and basic time series analysis including economic applications and the usage of econometric software.

ECO 341         Economic of Human Resource Management 3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of topics in human resources economics; labor markets, collective human resources, investment in education, investment in training, planning on work force and human capital, migration, social security and health insurance in various countries.

ECO 351         Money and Banking                                       3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of money markets, roles of financial institutions in the economic system, roles of a central bank in regulating banking activities, an effect of monetary policies on interest rates, real estate markets, bond markets and stock markets. Analyzing objectives and tools of Bank of Thailand’s monetary policies including monetary targeting and inflation targeting.

ECO 361         International Economics                                 3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of international trade theories and basic international finance theories; comparative advantage, benefits of trade, theories of contemporary trade, trade policies that use taxes and other tools with no taxes, exchanges rates, balance of payment, adjustment process of balance payment and exchange rates and financial crises.

ECO 421         World Economy                                             3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of economic growth, technology development, resources allocations in developed countries, developing countries and ASEAN countries including the effects of economic integration on the Thai economy and world economy in terms of social and cultural dimensions

ECO 486         Economics Seminar                                        3(2-2-5)

(Prerequisite: ECO 222 Intermediate Microeconomics, ECO 321 Intermediate Macroeconomics and ECO 331 Econometrics)

A study of  theories and applications of economics, discussion in related topics, research in interested topics, research methodologies; conceptual framework, applying, searching and gathering data, analyzing and organizing data, discussion and presentation. Seminars in economics; provide opportunities for students to participate in seminars and exchange their ideas.

  1. Elective Courses

3.1 Entrepreneurship Sector

ECO    342      Managerial Economics and Strategies           3(3-0-6)

(Prerequisite: ECO 341 Human Resources Management Economics)

Study quantitative analysis of demand, production and production costs analysis, vertical merger, pricing management and strategies under the markets’ structure, dynamic price competition, entry and exit of new business units, forecasting, making decisions under unstable circumstances, strategic positioning for the organizations and internal organizations.

ECO 441         Economics of Information Technology          3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

Study overall economics in the age of technology, structure of markets and information technologies, product and price differentiation method,  costs associated with changing technologies, economies of scales, effects of network, product standards, the effects of linked product system, effects of development and transformation of technology towards the economic and industrial policies.

ECO 442         Creative Economy                                          3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

Study ideas of economic motivation on the fundamental of integrating between education, creativity and the use of intellectual property to link with culture and accumulated knowledge of sociology, technology and new inventions.

ECO    443      Transportation and Logistic Economics         3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

Study fundamental ideas of transportation and logistics and economics; analyzing problematic topics, theory of demand and supply in logistics,  supply chain management, efficiency and effectiveness of transport and traffic policies, factors influencing decision to use transportation,  natural monopoly and economy of scales in transportation, transportation’s scale expectation and case studies of logistics development.

3.2 Finance and Banking Sector

ECO 352         Monetary Theory and Policy                         3(3-0-6)

(Prerequisite: ECO 351 Money and Banking)

A study of monetary theories and their effects on macro economy, money supply and money demand. Topics include in monetary economics in the short-run and long-run using a function to study the relationship among variables, the determination of inflation rate, effects on the government’s income and the accumulation of other assets, New Keynesian Economics analysis relationship among, short-term relation of variables and monetary policies in open and closed economic systems, analyzing financial policies of various countries.

ECO 451         Time Series Analysis                                     3(2-2-5)

(Prerequisite: ECO 331          Econometrics, ECO 351 Money and Banking and ECO 321 Intermediate Macroeconomics)

A study of time series analysis and specific topics of econometrics; models of ARMA (Auto Regressive Moving Average) and ARIMA (Auto Regressive Integrated Moving Average), models of ARCH and GARCH, forecasting models of co-integration, error correction and vector autoregression, panel data analysis, economic integration and usage of econometric software.

ECO    452      Theory of Financial and Capital Markets       3(3-0-6)

(Prerequisite: ECO 351 Money and Banking and ECO 321 Intermediate Macroeconomics)

A study of capital market theories, financial markets theories, saving and investment decision, appraisal asset valuation, capital and asset value pricing, pricing and speculation theories, capital markets and financial markets detection.

ECO 453         Principles of Investment                                 3(3-0-6)

(Prerequisite: ECO 351 Money and Banking)

A study of definitions of investment, processes, differences between investment and speculation, benefits and risks of investment, government securities and private securities, calculation of return rates from  securities investment; principle processes of securities analysis and company analysis, asset value evaluation, resources allocation for investment, timing for investment and stockbroking in stock markets

3.3 Industry, Trade and Service Sector

ECO 362         Industrial Organization                                   3(3-0-6)

(Prerequisite: ECO222 Intermediate Microeconomics)

A study of basics Game theory, Oligopoly, dynamic price competition and anonymous collaborations, price discrimination by using pricing strategies and other strategies, product differentiation, vertical control and research and development.

ECO 461         Economics of Regional Integration  and International Investment                                                                            3(3-0-6)

(Prerequisite: ECO 361 International Economics)

A study of types of commerce according to the World Trade Organization, types of economic integration, idea of the criticism theory towards economic integration; a case study of the European Union, Asia and the others, roles and importance of direct investment between international and multi-national corporations,   theory of behavioral investing and results of direct investment between international and multinational corporations.

ECO 462         International Business Management             3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of basic theory of international business management; definitions and types of international organizations, multinational corporations, international operation strategies, transfer pricing, international supply chain management, international investment, international merger and acquisition, opportunities for export and import, analyzing strategies and competitiveness of the international organizations.

ECO 463         Economics of Service Sector                         3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of concepts of economics to describe economical behavior in the service sector, integration of the economic theories and the goods in the service sectors, both commercial service and governmental service. Study government policies related to the service sector including tourism, hospitality industry, insurance, entertainment and film.

3.4 General Elective Sector

ECO 371         Development Economics                                3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of the comparison of economic development between developed and developing countries, economic development theory, sufficiency economy, measurement of economic development, development and globalization, poverty and income distribution, public health, population structure change and development, migration, education and dynamic human capital between rural and urban, environment, the overall economic development of Asia.

ECO 372         Public Finance                                                 3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211             Accounting for Economists)

A study of concepts of market efficiency, market failure and government failure, necessity of public policy and its limitations, governmental projects evaluation, cost benefit analysis, economic analysis of taxation on social welfare.

ECO 373         Gender Economics                                         3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of marriage and family with economics lenses, women and employment, the differences of gender and the results in economics, education and labor market, income gap of gender, family policy and women in developing countries.

ECO 471         National Resources and Environmental Economics (Prerequisite: ECO 121 Introduction to Microeconomics)           3(3-0-6)

A study of theories about environmental issues, concept of efficiency, capital, and benefits of market failure and externality, environmental policies, environmental management, ownership system failure, effects of pollution on environment and natural resources management.

ECO 472         Agricultural Economics                                  3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics)

A study of factors affecting the agricultural sector’s decision, effects of the main policy transformation and agricultural techniques on agricultural product, analysis of demand and supply, agricultural product pricing, problems of agricultural markets and relationship marketing between market structure and behavior and results of the agricultural markets, the effects of governmental policy towards prices and agricultural marketing.

ECO 473         Labor Economics                                            3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A study of theories and empirical studies related to the labor market, analysis of demand and supply in the labor market, entry to the labor force, factors of employment, determining minimum wages, education and training for labor, labor mobility between production sector and region, wage differentiation, labor union and governmental labor policy.

ECO 474         Health Economics                                           3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics)

A study of demand and supply of health services, the market structure role in pricing or health care expenses, roles of health insurance, evaluation of health projects, public health insurance, effects of international trading policy and international health services.

ECO 475         Game Theory                                                  3(3-0-6)

(Prerequisite: Prerequisite: ECO224 Intermediate Microeconomics)

A study of the Game theory and applications of the economic models, the Strategic Form Game and the Extensive Form Game, Nash equilibrium, mixed strategy, the analysis of Nash equilibrium in an Extensive Form Game, the game under asymmetric information, Bayesian-Nash equilibrium, the bargaining game, the auction game, the dynamic game and the cooperative game.

ECO 476         Project Evaluation and Analysis                    3(2-2-5)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

Study theories and procedures of project evaluation, criteria for analyzing techniques and suitable alternatives for the project by emphasizing on analyzing various aspects; economy, society and environment.

ECO 481         Special Topics in Economics for Short Term Study 1                                                                                               2(1-2-3)

A study of topics of interest at a foreign university. Learn specific topics in economics from both theoretical and practical parts at least 30 hours. First time.

ECO 482         Special Topics in Economics for Short Term Study 2                                                                                               2(1-2-3)

A study of topics of interest at a foreign university. Learn specific topics in economics from both theoretical and practical part at least 30 hours. Second time.

ECO 483         Current Economics Problems and Issues       3(3-0-6)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211             Accounting for Economists)

A study and analysis of issues in the current economic system both national and international level.

ECO  484     Special Topics in Economics                            3(1-4-4)

(Prerequisite: ECO 121 Introduction to Microeconomics and ECO 211 Accounting for Economists)

A seminar to exchange knowledge and analyze important economic problems or topics of student interest. The topics may change according to the current situation.

ECO  485     Co-Operative Education                                    6(0-18-0)

Work-based learning in the governmental or private organizations at both national and international level. Using economic related knowledge to prepare students to develop their working skills to be ready before graduation. The working period is no less than 16 weeks in the 7th semester. When the working period ends, the students must submit the report of their performance. Also, they have to present the report in the form of data analysis according to co-operative education method to the committee from the School of Economics and Public Policy. However, the students must pass the preparation course for the cooperative education work-based learning of at least 30 hours according to the standard of the Association for Cooperative Education.

Noted: This is the substitution of the required activities in the program which refers to the work-based activities related to the performance in the governmental or public organizations.

Description of Course Codes for Major Courses

ECO refers to Economics

The first digit refers to year of classes

The second digit refers to groups of subjects

  • Number 1 refers to fundamental courses
  • Number 2 refers to theory and conceptual courses
  • Number 3 refers to quantitative courses
  • Number 4 refers to entrepreneurial courses
  • Number 5 refers to financial and banking courses
  • Number 6 refers to industrial, trade and service courses
  • Number 7 refers to general elective courses
  • Number 8 refers to special topics in economics courses

The third digit refers to the sequence of the courses.

 

The numbers of the credit such as 3(3-0-6) mean

The first number refers to the total credits of the course.

The first number in the parentheses refers to lecture hours per week.

The second number in the parentheses refers to practice hours per week.

The third number in the parentheses refers to self-study hours per week.