STUDENT HANDBOOK

Bachelor of Economics

INTERNATIONAL PROGRAMME
ACADEMIC YEAR 2020
Background of
Faculty of Economics
Economics has been taught at Chiang
Mai University since 1964, initially by
the Economics Department of the
Faculty of Social Sciences. On 28
August 1992, the faculty of
Economics, known today as Chiang
Mai School of Economics or CMSE, was
officially established according to the
Royal Thai Government s
Development Plan for the Northern
region and the objectives of Chiang
Mai University in providing
undergraduate and postgraduate
education in regional areas, and to
serve as a social center for advance
research and academic services.

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 Name List of Lecturers in the Faculty of Economics

Asst. Prof. Dr. Pairat Kanjanakaroon Email: pirut@econ.cmu.ac.th Tel: 053-942233

Asst. Prof. Dr. Charuk Singhapreecha Email: pongpong08@hotmail.com Tel: 053-942204
Asst. Prof. Dr. Rossarin Osathanunkul Email: orossarin@gmail.com Tel: 053-942222
Asst. Prof. Dr. Kunchon Wattanakul Email: kunchon@econ.cmu.ac.th Tel: 053-942234
Asst. Prof. Dr. Jirakom Sirisrisakulchai Email: sirissakuchai@hotmail.com Tel: 053-942217
Asst. Prof. Suchat Promkutkaew Email: spromkuttkeo@gmail.com Tel: 053-942231
Prof. Dr. Songsak Sriboonchitta Email: songsakecon@gmail.com Tel: 062-2656373
Assoc. Prof. Dr. Kanchana Chokethaworn Email: patarakn41@gmail.com Tel: 053-942228
Assoc. Prof. Dr. Piyalak Budhawong Email: piyaluk@gmail.com Tel: 053-942220
Assoc. Prof. Dr. Nisit Panthamit Email: nisitp@gmail.com Tel: 053-942232
Assoc. Prof. Dr. Komsan Suriya Email: suriyakomsan@gmail.com Tel: 053-942255
Assoc. Prof. Dr. Thanes Sriwichailamphan Email: thanes@econ.cmu.ac.th Tel: 053-942233
Assoc. Prof. Dr. Roengchai Tansuchat Email: roengchaitan@gmail.com Tel: 053-942223
Asst. Prof. Dr. Chaiwat Nimanusornkul Email: chaiwatnim@yahoo.com Tel: 053-942224
Asst. Prof. Dr. Woraluck Himakalasa Email: woraluck@gmail.com Tel: 053-942229
Asst. Prof. Dr. Kunsuda Nimanussornkul Email: kansudan@gmail.com Tel: 053-942224
Asst. Prof. Dr. Chukiat Chaiboonsri Email: chukiat1973@hotmail.com Tel: 053-942248
Asst. Prof. Dr. Chaowana Phetcharat Email: chaowana@gmail.com Tel: 053-942223
Asst. Prof. Dr. Manoj Potapohn Email: potapohnm@gmail.com Tel: 053-942225
Asst. Prof. Dr. Pathairat Pastpipatkul Email: ppthairat@hotmail.com Tel: 053-942226
Asst. Prof. Dr.Warattaya Chinnakum Email: warattaya_chin@hotmail.co.th 053-942217
Asst. Prof. Dr. Anuphak Saosaovaphak Email: anuphak@gmail.com Tel: 053-942248
Asst. Prof. Dr. Anaspree Chaiwan Email: aspree@gmail.com Tel: 053-942228
Asst. Prof. Dr. Napat Harnporncha Email: napateconcmu@gmail.com Tel: 053-942261
Asst. Prof. Dr. Supanika Leurcharusmee Email: airmito@gmail.com Tel: 053-942260
Asst. Prof. Dr. Kannika Duangnate Email: k.duangnate@gmail.com Tel: 053-942263
Lect. Dr. Nuttamon Teerakul Email: nattamon@econ.cmu.ac.th Tel: 053-942219
Lect. Dr. Kansinee Guntawongwan Email: kansineeg@gmail.com Tel: 053-942229
Lect. Dr. Pairach Piboonrungroj Email: me@pairach.com Tel: 053-942222
Lect. Dr. Nachatpong Kaewsompong Email: nachat_flysky@hotmail.com Tel: 053-942260
Lect. Dr.Napon Hongsakulwasu Email: hongsakulvasu@gmail.com Tel: 053-942259
Lect. Dr. Tatcha Sudtasan Email: s.tatcha.wsd@gmail.com Tel: 053-942255
Lect. Dr. Saowaluk Duangin Email: saowaluk.annie@gmail.com Tel: 053-942263
Lect. Dr. Paravee Maneejak Email: mparavee@gmail.com Tel: 053-942221
Lect. Dr. Woraphon Yamaka Email: woraphon.econ@gmail.com Tel: 053-942220
Lect. Dr. Pakpoom Saengkanokkul Email: pakpoom888@hotmail.com Tel: 053-942255
Lect. Dr.Patcha Chaikitmongkol Email: patcha.c@cmu.ac.th Tel: 053-942232
Lect. Dr.Pithoon Thanabordeekij Email: duc748@gmail.com Tel: 053-942231
Lect. Dr.Mayula Chaikumbung Email: mchaikum@gmail.com Tel: 053-942218
Lect. Dr. Chatchai Khiewngamdee Email: getliecon@gmail.com Tel: 053-942225
Lect. Dr. Jirapa Inthisang Trochim Email: jirapa.trochim@gmail.com Tel: 053-942218
Lect. Dr.Kritsada Patluang Email: kpatluang@gmail.com Tel: 053-942234

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Supporting Staff in Academic Affairs
Ms. Monlika Kanyapanich Head of Academic Affairs and Student Quality
Development
Email: monlika14@gmail.com
Tel.: 053 – 942212
Mrs. Yupawadee Intawong Head of Graduate Program and Regular and Special
Graduate Program Coordinator
Email: yupawadee.econ@gmail.com
Tel.: 053 – 942251
Ms. Pitchayakorn Norruean Head of Undergraduate Program and
Regular Undergraduate Program Coordinator
Email: phitcha.no@gmail.com
Tel.: 053 – 942213
Ms. Siriporn Suanput Ph.D. and Double Degree International Program
Coordinator
Email: phd.econ.cmu@gmail.com
Tel.: 053 – 942252
Ms. Tidarat Chaokhieowong Coordinator of International Graduate Program
Email: chaokhieowong@gmail.com
Tel.: 053 – 942251
Mr. Suwit Pintapia Special Undergraduate Program Coordinator
Email: suwit@econ.cmu.ac.th
Tel.: 053 – 942213
Ms. Jongoklnee Sritiruan International Undergraduate Program Coordinator
Email: NJ.Sritiruan@gmail.com
Tel.:053 – 942213
Ms. Radamas Yeewa Educational Quality Assurance Officer
Email: master.econ.cmu@gmail.com
Tel.: 053 – 942251
Mr. Arnon Supasri Coordinator of Cooperative Education and Double Degree
Program (Econ-MassComm)
Email:Econ.Co.Edu@gmail.com
Tel.: 053 – 942252

Supporting Staff in Student Quality Development Section

Mrs. Darest Ngoudech Head of Student Quality Development Section
Email: darest@econ.cmu.ac.th
Tel.: 053 – 942249
Mr. Songphon Bunrueanya Student Quality Development Officer
Email: bsongpol@hotmail.com
Tel.: 053 – 942249
Ms.Darika Sriwut Student Quality Development Officer
Email: darika.s@cmu.ac.th
Tel.: 053 – 942250

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 INFORMATION ABOUT THE PROGRAM

Program Title

Bachelor of Economics Program (International Program)

Degree Title

Bachelor of Economics (B.Econ.) (International Program)

Duration of Study and Credit Requirement

4 years, 8 regular semester

o Special Problem (Academic) Track 135 credits
o Cooperative Education Track 132 credits

Tuition Fee

o Regular Semester 35,000 Baht

o Summer Session 17,500 Baht

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ACADEMIC MEASUREMENT AND EVALUATION

Grades and grade point values are employed in measurement and

evaluation, divided into 3 groups; grades which contain grade point
value, grades which do not contain grade point value and grades which
are in progress.

Grades, Grade Point Values and Meaning

Grades which contain grade point value:

A GP value 4 means Excellent

B+ GP value 3.5 means Very good

B GP value 3 means Good

C+ GP value 2.5 means Fairly good

C GP value 2 means Fair

D+ GP value 1.5 means Poor

D GP value 1 means Very poor

F GP value 0 means Failed

Grades which do not contain grade point value:

S means Satisfactory

U means Unsatisfactory

V means Visitor

W means Withdrawn

Grades which are in progress:

I means Incomplete

P means In progress

T means Thesis/Independent study in progress

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 Explanation

“I” indicates that the evaluation in a course is incomplete due to reasons beyond
control. The course lecturer and the dean of the appropriate faculty’s Study
Committee must agree to the student’s receiving an “I”.

“P” indicates that a course is still in progress and that measurement and evaluation
cannot be made that semester. “P” can be used only in courses specified by the
curriculum.

A “P” will be replaced by a proper grade when evaluation is completed, which

must be done by the last day of final examinations within the next two regular
semesters. Failure to do so will result in the university’s changing the “P” to “F”
or “U”.

“V” indicates that a student is a visitor and will not be academically evaluated for a
course. The student must take at least 80 percent of study hours. Failure to do
so or if student cannot observe course specifications will result in the lecturer
being entitled to change the “V” to “W”.

“W” indicates that:

(1) Ineligible registration and void.
(2) Course conditions have not been met.
(3) The student was ordered to drop for the semester.
(4) The student has resigned before the grade report date of that semester or
died before the last evaluation was complete.
(5) The student withdrew within the withdrawing period.
(6) The university allowed the student to withdraw all the courses he has
registered for after the withdrawing period due to some unforeseen cause.
(7) The student receives I or P and has not completed the evaluation before
resigning from being a student.

“S” and “U”:

Where “S” and “U” are assigned for a compulsory course, a student must receive “S”
for the course. The student who receives “U” will have to re-enroll until “S” is
obtained.

“S”, “U”, “I”, “P”, “T”, “V” and “W” are not calculated into the students’ overall grade
point averages (GPA).

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CE CP CS and CT: The letter grade CE, CP, CS and CT are assigned for some courses that
can be transferred or considered equivalent for transferring from non-formal education
or informal education to the formal education system.

CX: The letter grade CX is used to exempt courses.

The Letter grades S, U, I, P, V, W, CE, CP, CT and CX are not used to calculate the grade
point average (GPA).

Accumulation of Credits

(1) Only courses in which students receive “A”, “B+”, “B”, “C+”, “C” or “S” will be
counted as accumulated credits.

(2) In the case where a student enrolls in the same course more than once, only
the credits of the last enrollment will be included in the accumulated credits.
However, in cases specified by the university, re-enrollment credits may be
included in the accumulated credits at every enrollment.
Accumulated credits of lower-level undergraduates are excluded from the
accumulated credits to graduate.

(3) In the case where a student enrolls in courses which are declared equivalent
to each other the credit of only one course will be included in the accumulated
credits.

The GPA is calculated from the total credits earned and the grade value of all the
courses. All the grade values of the courses that have been registered for more than
one time shall be used in the calculation.

For the GPA the multiple sum of all the credits and the grade value for each course are
added together and then divided by the number of credits of the courses with the
evaluation scheme and only the first two digits are kept. If the third digit is higher than
5 it (the second digit) will be rounded up one digit.

A student whose letter grade(s) does not match the criteria of his program must repeat
the course registration until he can get the required letter grade(s).

A student who receives permission to study at another higher institute temporarily can
request for course equivalence or credit transfer as well as study results to be
calculated with those earned from the university.

The courses taken at another institute must be equal credits and study hours both in
theory and/or practicum to be in accordance to the university standards.

In the cases of complaints or discovering that some letter grades are incorrect or do not
match with the criteria, the president of the university can appoint a committee to
investigate the case and he shall have the care and charge as deemed appropriate.

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 Forfeiture of Student Status

A student will forfeit his/her status as a student if any one of the following occurs:

(1) Death.
(2) Resignation.
(3) Transfer to another institution.
(4) Failing to register for a course(s) or register for usage of service or taking a leave
within 30 days after the regular semester begins.
(5) Misbehaving as a student or acting in such a way as to disgrace the university and
the university agrees to remove his name from the student list according to the
Regulations on Student Discipline.
(6) Having registered as a full-time student for two times longer than the time
allowed for the program. For a transfer student, this is counted from the first
semester he registered with the university until the end of the summer session
of the last academic year.
(7) Having a study result in one of the following:
- Having a GPA less than 1.50 after two regular semesters.
- Having a GPA less than 1.75 after four regular semesters.
- Having a GPA less than 1.75 for 2 consecutive regular semesters after four
regular semesters.
- Having a GPA of less than 2.00 after registering and receiving the transfer
credits with the letter grade with value and the letter grades S, U, CE, CP, CS,
CT and CX for 240 credits for the four-year program, 300 credits for the five-
year program and 360 credits for the six-year program. This excludes the
credits for courses with W.
(8) Having been granted graduation.

Leave of Absence

Students who have not registered in a regular semester, should request for leave of
absence within 30 days of the first day of classes.

A student who takes a leave of absence, or who is suspended for a semester of an

academic year, must pay a student status maintenance fee for each semester he/she
misses, except for the regular semester for which course enrollment fees were already
paid.

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Students who request for leave of absence:

1. Submit a request for leave of absence online and printout the requested form at
www.reg.cmu.ac.th
2. Sign on the form and obtain approval of advisor, including with the agreement of
his/her parents.
3. Present the form at the Educational Services Section at the respective faculty.
Approvals from the dean are required.
4. Contact the Registration Counter Service, Registration Office to pay the fees.
5. Present the receipt at the Educational Services Section at the respective faculty.

Important Information about

Course Enrollment
1. Course Code
2. Course Title
3. Credit Points
4. Prerequisite
5. Course Description

Sample

Econ 101 1 Principles of Economics

2 I 2 3(3-0-6) 3

pre : None
Basic concepts in economics. Elementary price theory. Theory of consumer behavior.
Production theory and factors of production. Microeconomic policy.
Econ 102 Principles of Economics II 3(3-0-6)

Pre : ECON 101 4

National Income and national product. Income determination. Money and price level.
Macroeconomic policy. International economics.
3
Econ 409 Research Exercise in Current Economic Issues 3(0-18-0)
Pre : ECON 408

An individual research exercise on current economic issues under

general guidance and supervision of instructor. 5

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 Course Enrollment Handbook

Thai version English version

Enrollment Website: https://www1.reg.cmu.ac.th/registrationoffice/

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 ADDING COURSES AND WITHDRAWING FROM COURSES

Announcement of Chiang Mai University

Subject: Adding Courses and Withdrawing from Courses

For adding and withdrawing from a course to be in accordance with the regulations of
Chiang Mai University, for undergraduates and graduate programs, Chiang Mai University hereby
issues this announcement as follows:
1. Supersedes Chiang Mai University Announcement on adding courses and withdrawing
from courses dated May 22, 2005.
2. The university will schedule adding courses and withdrawing from courses for each
academic year by issuing a University Announcement on the Academic Calendar for each
academic year.
3. Students who have registered for course enrollment and have withdrawn all the courses
within the time set for withdrawing without grade W shall be considered as not having
registered for those courses in that semester.
4. Undergraduate students who have been admitted before the Academic Year 2007
whose registration status has been as in Item 3. of this announcement who want to
maintain their student status in the regular semester should apply for a leave of absence.
5. Undergraduate students who have been admitted since the Academic Year 2007 and
graduate students whose course enrollment registration status is like that in Item 3. of
this announcement who want to maintain their student status in the regular semester
should apply for a leave of absence or register for university services.
6. Students who withdraw from a course after the time allowed for withdrawal without
receiving grade W until the expiry of the time allowed for withdrawal with grade W to the
Academic Calendar will receive grade W for the withdrawn course.
Criteria and procedures for course withdrawal will be in accordance with the
announcement of the Registration Office.
7. Withdrawing from a course after the date allowed for receiving grade W will result in
receiving grade F or U.
8. In the case where a student requests withdrawal from all courses due to force majeure
within the last day of the respective semester with approval of his/her advisor, the
university shall allow that student to receive grade W in all of the courses he/she has
registered for. In the case of illness, a letter certified by the doctor is required.
Students are expected to observe this announcement including other rules and
regulations as well as other relevant announcements of the university from Academic
Year 2011 onward.
Given On May 11, 2011

Signed………………………………………………
(Prof. Dr. Pongsak Angkasith)

President of Chiang Mai University

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 ADDING COURSES AND WITHDRAWING FROM COURSES

1. The period for course withdrawal with grade W are scheduled under the
Academic Calendar for the Academic Year.
2. At the registration office website, www.reg.cmu.ac.th, click on the menu
“For Current Student” and sign in with CMU IT @cmu.ac.th account.
3. After logging in successfully, choose “Course withdrawal with grade W”
from the main menu. Students may select a course(s) to withdraw, then
the request will be sent to the academic advisor to review. The withdrawal
is completed after the advisor has approved the request through the
system. It is students’ responsibility to follow up with the decision from
the system and their advisors. Students should expect the result to be in
within 5 business days from the system.
4. The result from academic advisors can be “Approved”, “Disapproved” or
“See your advisor” for each individual course. The meanings of each result
are as follows:
“Approved” means the advisors have approved on the withdrawal
request and the grade W will be granted for that course.
“Disapproved” means the advisors have disapproved on the
withdrawal request and the grade W will NOT be granted for that course.
The request is hereby canceled.
“See your advisor” means the advisors have requested the students
to meet or contact for consulting before making decisions. In this case,
the advisors can change their decisions to “Approved” or “Disapproved”
later on within a period from the first day of the course withdrawal with
grade W and up to 5 business days after the last day of the course
withdrawal with grade W. Unchanged decision will result in an incomplete
process and a cancellation of student’s request. Student must complete
all requirements for course evaluation.
5. If academic advisors have not responded to the student’s request in the
system within 5 business days after the notification. The result as
“Approved” will be applied to the request and the grade W will be granted
automatically.
6. Students are able to withdraw a course that the request has been
disapproved or that the approved withdrawal has been canceled within
the specific period of times for course withdrawal with grade W scheduled
under the Academic Calendar for the Academic Year. If the decisions of
“Approved” or “Disapproved” have been made within 5 business days
after the last day of the course withdrawal with grade W. The decision is
final and cannot be canceled.

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 Important!

Please make sure that you finally click ‘SUBMIT’ your request in order to
make your request complete. Otherwise, your withdrawal will not be
complete.

After the registration period you cannot delete courses from your
registration but you may withdraw from courses.

Course withdrawal means:

- The course will remain on your transcript

- You will receive a grade of W (withdrawal)

Before withdrawing from a course, consider:

- The impact on your degree program. Please talk to your advisor or

to an officer in the Academic Affairs.
- Last date to withdraw from a course. Please check it carefully.

Students can withdraw from course(s) online through the website of the
registration office at: https://www1.reg.cmu.ac.th/registrationoffice/

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 TRANSFER TO ANOTHER FACULTY

Announcement of Chiang Mai University

Subject: Conditions for Transfer to another Faculty

To ensure smoothness of CMU students’ transfer to another faculty, by authority

of Clause 15.2.2 of CMU Regulations on Undergraduate Study, B.E. 2533 (1990), Clause
17.2.2 of CMU Regulations on Undergraduate Study, B.E. 2540 (1997), Clause 17.2.2 of
CMU Regulations on Undergraduate Study, B.E. 2543 (2000), Clause 13.1.2 of CMU
Regulations on the study leading to a degree in dentistry B.E. 2534 (1991), Clause
15.1.2 of CMU Regulations on the study leading to a degree in dentistry B.E. 2540
(1997), Clause 15.1.2 of CMU Regulations on the study leading to a degree in dentistry
B.E. 2544 (2001), Clause 14.1.2 of CMU Regulations on the study leading to a degree in
medicine B.E. 2534 (1991) and Clause of CMU Regulations on the study leading to a
degree in veterinary medicine B.E. 2538 (1995), the university hereby issues this
announcement to set the conditions for a division to transfer to another faculty as
follows:
1. All other announcements or orders inconsistent herein shall be replaced by this
announcement
2. This announcement shall be applied to undergraduate students as of the
academic year 2002 and onward.
3. Transfer to any other faculty shall fall under the following conditions:
3.1 Must be qualified to be admitted to study in the respective division
3.2 Must have accumulated a GPA as required by the respective division, but
must not be lower than 2.0;
3.3 Must have the qualifications as required by the course, group of courses,
number of credits and other conditions as required by the respective
division;
3.4 Must not have been allowed to transfer to any other faculty before;
3.5 Must have submitted the request and other documents to the original
faculty at least 4 weeks before the beginning of the semester.
4. Other conditions other than those specified in 3 can be established as deemed
appropriate by the respective faculty and issued as a faculty announcement for
the general public.

Given on December 27, 2002

Signed…………………………..………………………
(Asst. Prof. Dr. Nipon Tuwanon)
President of Chiang Mai University

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 STUDENTS APPLYING FOR THEIR DEGREES

For a student to receive their degree, they must carefully follow the procedures.

1. Fill out the information about expectation to graduate via the Internet at
www3.-reg.cmu.ac.th/reg-expect on the specified date and check the correction
of the data.
2. Present the completed graduation form for fee payment. For undergraduate
students, please contact the Siam Commercial Bank. For graduate students,
please contact at the cashier of the Registration Office.
3. Present the completed graduation form and receipt to take a photo at the
Registration Office.
4. To complete the process for claiming degrees, a student should inform the
Registration Office, Educational Services Section at the faculty and advisor within
the set dates and time given by the Registration Office.
5. Any student who claims the degree but cannot graduate, must repeat this
procedure in the semester expecting to graduate. Processing fees are charged
only for the certificate of academic achievement and official transcript.
6. Dress code for computer photo taking
6.1 For undergraduate students should wear the student uniform, no hat, no
glasses and no ornaments any kind. Neat hairstyle that does not cover the
eyes. No highlights or coloring. Male students are not allowed to have long
hair.
6.2 For graduate students should wear a suit or solid color shirt of any color
expect white and wear no ornaments or glasses.
7. Fees for the graduation
7.1 Degree registration fee, 1,500 Baht (no recharge for the students who have
filed for the expectation and paid for it)
7.2 Certificate of academic achievement and official transcript (to be sent by
post)
(1 set = 100 Bath, 2 sets = 160 Bath, 3 sets = 220 Bath)
7.3 The faculty that has to request for a license for medical practice and a license
for professional practice required 3 sets of the certificate of academic
achievement.
8. Students expecting to graduate for undergraduate level (student code
50…onward) who have P, I grades on records and/or not registered for courses
in semester they expect to graduate, have to enroll for university services.
9. Graduation Approval for undergraduate level by University Council three times
per year: the end of first semester, the end of second semester and the end of
summer session.
10. A commencement ceremony is held once a year, normally during the month of
January. The graduate will be informed of the exact date by post mail and online
at Registration Office website.

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CMU IT SERVICES

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23
 CURRICULUM STRUCTURE

for Bachelor of Economics (International Program),

Special Problem (Academic) Track

Special Problem (Academic) Track a minimum of 135 credits

(1) General Education a minimum of 30 credits

- Learner Person Group a minimum of 18 credits
Compulsory Course 15 credits
Elective Course a minimum of 3 credits
- Innovative Co-creator Group a minimum of 3 credits
- Active Citizen a minimum of 9 credits
Compulsory Course 3 credits
Elective Course a minimum of 6 credits
(2) Field of Specialization a minimum of 99 credits
- Core Course a minimum of 33 credits
- Major Course a minimum of 66 credits
Compulsory 45 credits
Elective a minimum of 21 credits
- Minor Course (If any) a minimum of 15 credits
(3) Free Elecrive a minimum of 6 credits

Courses For Special Problem (Academic) Track

(1) General Education a minimum of 30 credits

1.1 Learner Person Group a minimum of 18 Cr

Compulsory Course 15 Cr
001101 Fundamental English 1 3 Cr
001102 Fundamental English 2 3 Cr
001201 Critical Reading and Effective Writing 3 Cr
001228 English for Business and Economics 3 Cr
And choose one course from the following courses
204100 Information Technology and Modern Life) 3 Cr
261111 Internet and Online Community 3 Cr
953111 Software for Everyday Life 3 Cr
Elective Course a minimum of 3 Cr
Choose at least one course from the following courses 3 Cr
359206 Landscape, Environment, Behaviors, and 3 Cr
Minds
888102 Big Data for Business 3 Cr

1.2 Innovative Co-creator Group a minimum of 3 Cr

703103 Introduction to Entrepreneurship and Business 3 Cr

1.3 Active Citizen a minimum of 9 Cr

Compulsory Course 3 Cr
140104 Citizenship

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Elective Course a minimum of 6 Cr
Choose at least 2 courses from the following courses
154104 Environmental Conservation 3 Cr
159151 Lanna Society and Culture 3 Cr
951100 Modern Life and Animation 3 Cr

(2) Field of Specialization a minimum of 99 Cr

- Core Course a minimum of 33 Cr
206171 General Mathematics I 3 Cr
208271 Elementary Statistics for Social Sciences I 3 Cr
701100 Elementary Accounting 3 Cr
888111 Innovative Entrepreneurship Theory and Practice 3 Cr
888121 Digital Economy 3 Cr
888147 Innovation for Entrepreneur 3 Cr
Choose elective courses at least 15 credits among the
following courses:
154281 Economic Geography 3 Cr
176101 Introduction to Law 3 Cr
703322 Communication for Business Results 3 Cr
751325 American Marketing Economics 3 Cr
751419 Economic Theory and Entrepreneurship 3 Cr
751447 Seminar in Current Economic Problems 3 Cr
954140 Information Technology Literacy 3 Cr
0012.. Elective English course above 200 level 3 Cr

- Major Course a minimum of 66 Cr

Of all major course (no. 1 and no. 2) at least 36 credits must be courses
above 300 level and at least 18 credits must be course of 400 level
1) Compulsory 45 Cr
751106 Principles of Economics 3 Cr
751202 History of Economic Thought 3 Cr
751209 Introduction to Mathematical Economics 3 Cr
751301 Microeconomic Theory I 3 Cr
751302 Microeconomic Theory II 3 Cr
751303 Public Finance 3 Cr
751304 Economic Statistics 3 Cr
751305 Econometric I 3 Cr
751308 Macroeconomic Theory I 3 Cr
751309 Macroeconomic Theory II 3 Cr
751401 International Economics 3 Cr
751403 Econometrics II 3 Cr
751405 Theory of Economic Development 3 Cr
751408 Research Methods in Economics 3 Cr
751409 Research Exercise in Current Economics Issues 3 Cr

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 2) Elective a minimum of 21 Cr
Choose the following major elective courses
751220 Economic History 3 Cr
International Business 3 Cr
751320
Economics
751321 Community Economic Development 3 Cr
751322 International Political Economy 3 Cr
751323 Modern Chinese Economy 3 Cr
751326 ASEAN Economy in the Global Economic Context 3 Cr
751327 ICT Economics and Telecommunications Policy 3 Cr
751330 Money and Banking 3 Cr
751332 Monetary Theory 3 Cr
751340 Introduction to Agricultural Economics 3 Cr
751342 Land Economics 3 Cr
751345 Transportation Economics 3 Cr
751347 Cooperative Economics 3 Cr
751411 The Economics of European Economic Integration 3 Cr
751413 Introduction to Input-Output Analysis 3 Cr
751414 Introduction to Applied Econometrics 3 Cr
751416 Mathematical Economics 3 Cr
751417 Managerial Economics 3 Cr
751418 Business Cycle Theory 3 Cr
751420 International Finance 3 Cr
751421 Economics of Investment 3 Cr
Technical Analysis for 3 Cr
751422
Investment
751424 Economic Development of Developing Countries 3 Cr
751425 Economic Growth 3 Cr
751427 Economic Planning 3 Cr
751428 Political Economy 3 Cr
751429 Comparative Economic System 3 Cr
751434 Commercial Banking 3 Cr
751437 Tax System 3 Cr
751440 Labor Economics 3 Cr
751441 Economics of Water Resources 3 Cr
751442 Regional Economics 3 Cr
751443 Industrial Economics 3 Cr
751444 Urban Economics 3 Cr
751445 Natural Resource Allocation and Policy 3 Cr
751446 Economy of Thailand 3 Cr
751448 Seminar in Global Investment Issues 3 Cr
751451 Health Economics 3 Cr

- Minor Course (If any) a minimum of 15 Cr

(3) Free Elecrive a minimum of 6 Cr
Total a minimum of 135 Cr

26
 RECOMMENDED STUDY PLAN
Bachelor of Economics (International Program),

Special Problem (Academic) Track

YEAR 1
Semester 1 Credit
001101 Fundamental English 1 3
206171 General Mathematics 1 3
751106 Principles of Economics 3
888121 Digital Economy 3
............. A Compulsory Course in Learner Person Group 3
(204100 or 261111 or 953111)
............. An Elective Course in Learner Person Group 3
(359206 or 888102)
Total 18

Semester 2 Credit
001102 Fundamental English 2 3
701100 Elementary Accounting 1 3
703103 Introduction to Entrepreneurship and Business 3
751202 History of Economic Thought 3
751209 Introduction to Mathematical Economics 3
888111 Innovative Entrepreneurship Theory and Practice 3
Total 18

YEAR 2
Semester 1 Credit
001201 Critical Reading and Effective Writing 3
208271 Elementary Statistics for Social Sciences 1 3
751301 Microeconomic Theory 1 3
751308 Macroeconomic Theory 1 3
888147 Innovation for Entrepreneur 3
............. Elective Core Course 3
(154281 or 176101 or 703322 or 751325
or 751419 or 751447 or 954140 or 0012.. )
Total 18

27
Semester 2 Credit
001228 English for Business and Economics 3
751302 Microeconomic Theory 2 3
751304 Economic Statistics 3
751309 Macroeconomic Theory 2 3
140104 Citizenship 3
............. Elective Core Course 3
(154281 or 176101 or 703322 or 751325
or 751419 or 751447 or 954140 or 0012.. )
Total 18

YEAR 3
Semester 1 Credit
751305 Econometrics 1 3
751408 Research Methods in Economics 3
............. An Elective Course in Active Citizen Group 3
(154104 or 159151 or 951100)
............. Elective Core Course 3
(154281 or 176101 or 703322 or 751325
or 751419 or 751447 or 954140 or 0012.. )
751 ... Major Elective Course 3
751 ... Major Elective Course 3
Total 18

Semester 2 Credit
751303 Public Finance 3
751403 Econometrics 2 3
751409 Research Exercise in Current Economics Issues 3
............. An Elective Course in Active Citizen Group 3
(154104 or 159151 or 951100)
751 ... Major Elective Course 3
............. Free Elective Course 3
Total 18

28
 YEAR 4
Semester 1 Credit
751405 Theory of Economic Development 3
751... Major Elective Course 3
7514.. Major Elective Course (at 400 level or above) 3
............. Elective Core Course 3
(154281 or 176101 or 703322 or 751325
or 751419 or 751447 or 954140 or 0012.. )
............. Elective Core Course 3
(154281 or 176101 or 703322 or 751325
or 751419 or 751447 or 954140 or 0012.. )
Total 15

Semester 2 Credit
751401 International Economics 3
7514.. Major Elective Course (at 400 level or above) 3
7514.. Major Elective Course (at 400 level or above) 3
............. Free Elective Course 3
Total 12

29
 CURRICULUM STRUCTURE
for Bachelor of Economics (International Program),

Cooperative Education Track

Cooperative Education Track a minimum of 132 credits

(1) General Education a minimum of 30 credits

- Learner Person Group a minimum of 18 credits
Compulsory Course 15 credits
Elective Course a minimum of 3 credits
- Innovative Co-creator Group a minimum of 3 credits
- Active Citizen a minimum of 9 credits
Compulsory Course 3 credits
Elective Course a minimum of 6 credits
(2) Field of Specialization a minimum of 96 credits
- Core Course a minimum of 33 credits
- Major Course a minimum of 63 credits
Compulsory 42 credits
Elective a minimum of 21 credits
- Minor Course (If any) a minimum of 15 credits
(3) Free Elecrive a minimum of 6 credits

Courses For Cooperative Education Track

(1) General Education a minimum of 30 credits

1.1 Learner Person Group a minimum of 18 Cr

Compulsory Course 15 Cr
001101 Fundamental English 1 3 Cr
001102 Fundamental English 2 3 Cr
001201 Critical Reading and Effective Writing 3 Cr
001228 English for Business and Economics 3 Cr
And choose one course from the following courses
204100 Information Technology and Modern Life) 3 Cr
261111 Internet and Online Community 3 Cr
953111 Software for Everyday Life 3 Cr
Elective Course a minimum of 3 Cr
Choose at least one course from the following courses 3 Cr
359206 Landscape, Environment, Behaviors, and Minds 3 Cr
888102 Big Data for Business 3 Cr

1.2 Innovative Co-creator Group a minimum of 3 Cr

703103 Introduction to Entrepreneurship and Business 3 Cr

1.3 Active Citizen a minimum of 9 Cr

Compulsory Course 3 Cr
140104 Citizenship
Elective Course a minimum of 6 Cr

30
Choose at least 2 courses from the following courses
154104 Environmental Conservation 3 Cr
159151 Lanna Society and Culture 3 Cr
951100 Modern Life and Animation 3 Cr

(2) Field of Specialization a minimum of 99 Cr

- Core Course a minimum of 33 Cr
206171 General Mathematics I 3 Cr
208271 Elementary Statistics for Social Sciences I 3 Cr
701100 Elementary Accounting 3 Cr
888111 Innovative Entrepreneurship Theory and Practice 3 Cr
888121 Digital Economy 3 Cr
888147 Innovation for Entrepreneur 3 Cr
Choose elective courses at least 15 credits among the
following courses:
154281 Economic Geography 3 Cr
176101 Introduction to Law 3 Cr
703322 Communication for Business Results 3 Cr
751325 American Marketing Economics 3 Cr
751419 Economic Theory and Entrepreneurship 3 Cr
751447 Seminar in Current Economic Problems 3 Cr
954140 Information Technology Literacy 3 Cr
0012.. Elective English course above 200 level 3 Cr

- Major Course a minimum of 66 Cr

Of all major course (no. 1 and no. 2) at least 36 credits must be courses
above 300 level and at least 18 credits must be course of 400 level
1) Compulsory 45 Cr
751106 Principles of Economics 3 Cr
751202 History of Economic Thought 3 Cr
751209 Introduction to Mathematical Economics 3 Cr
751301 Microeconomic Theory I 3 Cr
751302 Microeconomic Theory II 3 Cr
751303 Public Finance 3 Cr
751304 Economic Statistics 3 Cr
751305 Econometric I 3 Cr
751308 Macroeconomic Theory I 3 Cr
751309 Macroeconomic Theory II 3 Cr
751401 International Economics 3 Cr
751403 Econometrics II 3 Cr
751405 Theory of Economic Development 3 Cr
751408 Research Methods in Economics 3 Cr

2) Elective a minimum of 21 Cr
751449 Cooperative Education 6 Cr
Choose at least 15 credits of the following major elective courses
751220 Economic History 3 Cr

31
 International Business 3 Cr
751320
Economics
751321 Community Economic Development 3 Cr
751322 International Political Economy 3 Cr
751323 Modern Chinese Economy 3 Cr
751326 ASEAN Economy in the Global Economic Context 3 Cr
751327 ICT Economics and Telecommunications Policy 3 Cr
751330 Money and Banking 3 Cr
751332 Monetary Theory 3 Cr
751340 Introduction to Agricultural Economics 3 Cr
751342 Land Economics 3 Cr
751345 Transportation Economics 3 Cr
751347 Cooperative Economics 3 Cr
751411 The Economics of European Economic Integration 3 Cr
751413 Introduction to Input-Output Analysis 3 Cr
751414 Introduction to Applied Econometrics 3 Cr
751416 Mathematical Economics 3 Cr
751417 Managerial Economics 3 Cr
751418 Business Cycle Theory 3 Cr
751420 International Finance 3 Cr
751421 Economics of Investment 3 Cr
Technical Analysis for 3 Cr
751422
Investment
751424 Economic Development of Developing Countries 3 Cr
751425 Economic Growth 3 Cr
751427 Economic Planning 3 Cr
751428 Political Economy 3 Cr
751429 Comparative Economic System 3 Cr
751434 Commercial Banking 3 Cr
751437 Tax System 3 Cr
751440 Labor Economics 3 Cr
751441 Economics of Water Resources 3 Cr
751442 Regional Economics 3 Cr
751443 Industrial Economics 3 Cr
751444 Urban Economics 3 Cr
751445 Natural Resource Allocation and Policy 3 Cr
751446 Economy of Thailand 3 Cr
751448 Seminar in Global Investment Issues 3 Cr
751451 Health Economics 3 Cr

- Minor Course (If any) a minimum of 15 Cr

(3) Free Elecrive a minimum of 6 Cr
Total a minimum of 132 Cr

32
 RECOMMENDED STUDY PLAN
Bachelor of Economics (International Program),
Cooperative Education Track

YEAR 1
Semester 1 Credit
001101 Fundamental English 1 3
206171 General Mathematics 1 3
751106 Principles of Economics 3
888121 Digital Economy 3
............. A Compulsory Course in Learner Person Group 3
(204100 or 261111 or 953111)
............. An Elective Course in Learner Person Group 3
(359206 or 888102)
Total 18

Semester 2 Credit
001102 Fundamental English 2 3
701100 Elementary Accounting 1 3
703103 Introduction to Entrepreneurship and Business 3
751202 History of Economic Thought 3
751209 Introduction to Mathematical Economics 3
888111 Innovative Entrepreneurship Theory and Practice 3
Total 18

YEAR 2
Semester 1 Credit
001201 Critical Reading and Effective Writing 3
208271 Elementary Statistics for Social Sciences 1 3
751301 Microeconomic Theory 1 3
751308 Macroeconomic Theory 1 3
888147 Innovation for Entrepreneur 3
............. Elective Core Course 3
(154281 or 176101 or 703322 or 751325
or 751419 or 751447 or 954140 or 0012.. )
Total 18

33
Semester 2 Credit
001228 English for Business and Economics 3
751302 Microeconomic Theory 2 3
751304 Economic Statistics 3
751309 Macroeconomic Theory 2 3
140104 Citizenship 3
............. Elective Core Course 3
(154281 or 176101 or 703322 or 751325
or 751419 or 751447 or 954140 or 0012.. )
Total 18

YEAR 3
Semester 1 Credit
751305 Econometrics 1 3
751408 Research Methods in Economics 3
............. An Elective Course in Active Citizen Group 3
(154104 or 159151 or 951100)
............. Elective Core Course 3
(154281 or 176101 or 703322 or 751325
or 751419 or 751447 or 954140 or 0012.. )
751 ... Major Elective Course 3
751 ... Major Elective Course 3
Total 18

Semester 2 Credit
751303 Public Finance 3
751403 Econometrics 2 3
............. An Elective Course in Active Citizen Group 3
(154104 or 159151 or 951100)
751 ... Major Elective Course 3
751 ... Major Elective Course 3
............. Free Elective Course 3
Total 18

34
 YEAR 4
Semester 1 Credit
751401 International Economics 3
751405 Theory of Economic Development 3
751... Major Elective Course 3
............. Elective Core Course 3
............. Elective Core Course 3
(154281 or 176101 or 703322 or 751325
or 751419 or 751447 or 954140 or 0012.. )
............. Free Elective Course 3
Total 18

Semester 2 Credit
751449 Cooperative Education 6
Total 6

35
 Course Descriptions

General Education
Learner Person Group
001101 FUNDAMENTAL ENGLISH 1 3(3-0-6)
Prerequisite: None
Communication in English for everyday interactions. Basic listening, speaking, reading and writing
skills in various social and cultural contexts for life-long learning.

001102 FUNDAMENTAL ENGLISH 2 3(3-0-6)

Prerequisite: 001101
Communication in English for everyday interactions. More advanced listening, speaking, reading
and writing skills in various social and cultural contexts for life-long learning.

001201 CRITICAL READING AND EFFECTIVE WRITING 3(3-0-6)

Prerequisite: 001102
English language skills for critical reading from different sources and media and effective writing
on topics of students’ interests.

001228 ENGLISH FOR BUSINESS AND ECOBOMICS 3(3-0-6)

Prerequisite: 001102
Specific language functions, components and skills for effective communication in business
contexts.

204100 INFORMATION TECHNOLOGY AND MODERN LIFE 3(2-2-5)

Prerequisite: None
Computers in everyday life, Data processing and information management, Office automation
software for modern life and Internet and webpage construction.

261111 INTERNET AND ONLINE COMMUTINY 3(3-0-6)

Prerequisite: None
Introduction to the Internet and online community. Computer technology and modern world.
Selecting of online tools and services. Impact of the Internet in daily life. The Internet and cloud
computing. Online businesses. Ethics in social networking. Analyzing of social networking data.
Online investment. Legal aspects of the Internet and online community. Security and privacy in
social networking. Case studies.

36
953111 SOFTWARE FOR EVERYDAY LIFE 3(3-0-6)
Prerequisite: None
The course will provide basic understanding of computer software: what it is and its role in
improving our daily lives. Major areas of software applications and products popularly used today
will be introduced including software for personal use to improve productivity and quality of life,
for organizational enterprises to support business operations and management, and for education
and research activities. Latest issues in today’s software industry such as career choices, ethics,
future trends, and direction will also be surveyed to provide the overall picture of the field.

359206 LANDSCAPE, ENVIRONMENT, BEHAVIORS, AND MINDS 3(3-0-6)

Prerequisite: None
Theories about landscape, nature, environment, and human behaviors; learning and analyzing data
about human health and behaviors; importance and definitions of landscape aesthetics; landscape
and stress management; landscape, cognitive ability, and success; landscape and social
behaviors; using landscape in daily life for self-improvement; strategies for supporting
environmentally-friendly behaviors.

888102 BIG DATA FOR BUSINESS 3(3-0-6)

Prerequisite: None
Introduction to big data. Business problems and data science solutions. Basic tools for data
mining. Predictive modelling. Clustering data. Decision analytic thinking. Visualizing model
performance. Evidence and probabilities. Text mining.

Innovative Co-creator Group

703103 INTRODUCTION TO ENTREPRENEURSHIP AND BUSINESS 3(3-0-6)
Prerequisite: None
Entrepreneur role in economics development country Entrepreneur and business opportunities.
The characteristic of entrepreneur and motivation factors, environment, types of business, forms
of business, business plans, principle of management, marketing management, production
management, financial management, accounting, taxation, business law, international business
and business ethics for entrepreneur.

Active Citizen Group

140104 CITIZENSHIP 3(3-0-6)
Prerequisite: None
Meaning, definition and concept of citizenship. Rights, liberties and obligations of citizenship.
Problems awareness of daily life at local, national and international levels. Creation of public mind
and moral for social responsibility and social awareness. Citizenship and the way of life in plural
and multicultural societies. Creating a positive and peaceful attitude to enable conflict resolution
by peaceful means. Political expression under laws, regulations, social norms and communal
practice. Citizenship and the understanding of cultural tradition and local history. Ethics and
vocational citizen.

37
154104 ENVIRONMENTAL CONSERVATION 3(3-0-6)
Prerequisite: None
Problems in the management and the utilization of natural resources with emphasis on soil, forest,
water, minerals and wildlife, introducing some conservation methods and conservation measures
necessary for Thailand.

159151 LANNA SOCIETY AND CULTURE 3(3-0-6)

Prerequisite: None
Historical background of Lanna. The formation and the end of Lanna states. House, village and
principality in Lanna. Temples and Buddhism in Lanna. Rituals and belief in Lanna. Ethnic groups
in Lanna. Muslim and Christian in Lanna. Language, music and arts in Lanna. Customary events in
Lanna. Mueang or Tai Yuan people. Lanna and changes in globalized era. Lanna and neighbors in
Mekong region.

951100 MODERN LIFE AND ANIMATION 3(3-0-6)

Prerequisite: None
Understanding in animation works and animated cinema. Evolution and forms of animation at
present day. Idea and basic process of animation production, for instance, pre-production,
production, and post-production. File utilization in presenting the animation projects of students.
And the basic design of animation character.

Field of Specialization
Core Courses
154281 ECONOMIC GEOGRAPHY 3(3-0-6)
Prerequisite: None
Development, definition and the importance of economic geography. Primary economic activities,
secondary economic activities and tertiary economic activities. Globalization and economic
development.

176101 INTRODUCTION TO LAW 3(3-0-6)

Prerequisite: None
General characteristics of law: legislative process, various categories of law; interpretation of law;
law and peace; law and morality; law enforcement and acceptance; law and the security of the
citizen; legal rights; prescriptions; principal laws being enforced in Thailand.

206171 GENERAL MATHEMATICS 1 3(3-0-6)

Prerequisite: None
Matrices and systems of linear equations, linear programming, functions and graphs, limits and
continuity of functions, the derivative, graph sketching and optimization.

208271 ELEMENTARY STATISTICS FOR SOCIAL SCIENCES 1 3(3-0-6)

Prerequisite: None
Statistical methodology, data analysis, random variables and probability distributions, probability
distribution of discrete random variables, probability distribution of continuous random variables,
analysis of time series data, sampling techniques.

38
701100 Elementary Accounting 1 3(3-0-6)
Prerequisite: None
Introduction to accounting, accounting definitions, accounting purposes, beneficial of accounting
information, accounting framework, and accounting ethics. Accounting cycle, double-entry
bookkeeping. Transaction analysis for merchandise and service. Journalizing in general journal
and special journals, posting, trial balance, working papers, accounting adjustment, closing
entries, and financial statement preparation, Bank reconciliation and petty cash.

703322 COMMUNICATION FOR BUSINESS RESULTS 3(3-0-6)

Prerequisite: None
Communication for innovative business development, company and team building, market
analysis survey, competitive advantages and marketing mix. Communication for job skills, resume
and cover letter writing and interviewing, problems discussion and solutions for social enterprises.

751325 AMERICAN MARKETING ECONOMICS 3(3-0-6)

Prerequisite: 3rd year Student
American Marketing Economics: Cultures and consumers’ behaviors. Practical analysis of the
middle and high-end consumers. Empirical analysis of particular American markets. Tailoring
products for American markets. Import regulations and products-standards. Markets-entries and
strategies for various businesses.

751419 ECONOMIC THEORY AND ENTREPRENEURSHIP 3(3-0-6)

Prerequisite: 3rd year standing
General concepts of economic theory and entrepreneurship. Behavior and characteristics of
entrepreneurs. Creation of new ideas in doing business for potential entrepreneurs.
Entrepreneurial opportunities in small and medium enterprises (SMEs). Case studies of
entrepreneurial success in progress.

751447 SEMINAR IN CURRENT ECONOMIC PROBLEMS 3(3-0-6)

Prerequisite: fourth year standing; for Economics students
only
A general survey of current economic problems affecting economic progress and stability with
special emphasis on Thailand.

888111 INNOVATIVE ENTREPRENEURSHIP THEORY AND 3(3-0-6)

PRACTICE
Prerequisite: None
Evolutionary development of innovative entrepreneurship. Financial preparation for innovative
entrepreneurial ventures. Social entrepreneurship and the global environment for innovative
entrepreneurship. Creativity and innovation. Marketing challenges for innovative entrepreneurial
ventures. Ethical and socially-responsible innovative entrepreneurship. Effective innovative
business plan development. Business pitching. Economics for innovative entrepreneurship.
Creation and protection of intellectual property. Technology for innovative entrepreneurship.

39
888121 DIGITAL ECONOMY 3(3-0-6)
Prerequisite: None
Digital economy. Concept and theory in digital economy. Game theory in digital economy. Current
issues in digital economy. Decision making process in digital economy. Case study. Group
assignment and presentation.

888147 INNOVATION FOR ENTREPRENEUR 3(3-0-6)

Prerequisite: None
Introduction to innovation for entrepreneur. Seeking for opportunities in business. Finding
resources to startup new business. Assessing business startup idea.

954140 INFORMATION TECHNOLOGY LITERACY 3(3-0-6)

Prerequisite: None
Information technology and its impacts on society. Component of information technology system.
Data processing. Introduction to data communication and computer network. Internet, intranet
and extranet.

Major Courses
751106 PRINCIPLE OF ECONOMICS 3(3-0-6)
Prerequisite: None

Basic concepts in microeconomics and macroeconomics. Market structures, demand, supply and
equilibrium. Elasticity of demand and supply. Social welfare, market efficiency and microeconomic
policies. Economy and national income. Economic growth and aggregated indicators. Monetary
and Fiscal policies. Open economy and current macroeconomic issues.

751202 HISTORY OF ECONOMIC THOUGHT 3(3-0-6)

Prerequisite: 751102 or 751106 or consent of the faculty
A survey of economic thoughts from ancient days through contemporary economics. Biblical times,
Greek and Roman, English-French-German. Mercantilism, Physiocrats and their doctrine.
Philosophers, disciples, influence and criticism of Classical Economics, Marginal utility Economics.
Ideal an scientific of Socialism, Keynesian Economics, Business cycletheorist, price theorist, the
old and new Welfare Economics.

751209 INTRODUCTION TO MATHEMATICAL ECONOMICS 3(3-0-6)

Prerequisite: 751102 or 751106 and 206171 or consent of
the faculty
This course aims at furnishing the students of understand, as an introductory course, quantitative
techniques of economics both in mathematical contexts and as an application to economic
problems. It covers the nature of mathematical economics, economic models, types of economic
functions, static (or equilibrium) analysis, comparative statics analysis. Maximal and minimal,
differentials, dynamic analysis, matrix algebra, difference and differential equations.

40
751220 ECONOMIC HISTORY 3(3-0-6)
Prerequisite: 751102 or 751106
Development of European agriculture, industry, finance and international trade since 1750: growth
of U.S. economy. A historical survey of the economic growth of some major Asian countries, and
Thailand, with emphasis on the development of agriculture, industry, finance and international
trade.

751301 MICROECONOMIC THEORY 1 3(3-0-6)

Prerequisite: 751101/751106 and 206171 or consent of the
faculty
Consumer behavior, demand, supply, market price, price elasticities, classical utility and consumer
demand, indifferent-curve analysis and modern utility theory. Theory of the firm: firm and its
decisions. Theory of production, choices of inputs and outputs, cost function and basic concepts
of linear programming.

751302 MICROECONOMIC THEORY 2 3(3-0-6)

Prerequisite: 751301
Price determination and policy in different forms of market. Competitive pricing, general
equilibrium and economic welfare, monopoly pricing, price discrimination, pricing in imperfect
competition and prices of factor of production.

751303 PUBLIC FINANCE 3(3-0-6)

Prerequisite: 751301
Revenue and expenditure activities of government. It deals with budgets, taxes, government
expenditures and public debts. Effects of budgets on the economy, particularly the effects on the
achievements of the major economic objectives; growth, stability, equity and efficiency.

751304 ECONOMIC STATISTICS 3(3-0-6)

Prerequisite: 751102/751106 and 206171 or consent of the
faculty
This course is intended to emphasize the application of statistics to economic analysis: index
numbers, time series, correlation and regression analysis, the method of least squares, simple and
multiple regression.
751305 ECONOMETRICS 1 3(3-0-6)
Prerequisite: 208272 and 206172 or 751304

A review of matrices and statistics, Introduction to econometric models and techniques, The
ordinary least squares estimators, Testing the assumptions of ordinary least squares estimators,
Generalized least squares, Dummy dependent variable models, and non linear estimators.

751308 MACROECONOMIC THEORY 1 3(3-0-6)

Prerequisite: 751102 or 751106 or consent of the faculty
National income concepts, Static and dynamic theories of determination of national income and
employment and of business fluctuations.

41
751309 MACROECONOMIC THEORY 2 3(3-0-6)
Prerequisite:751308
Fundamentals of Growth Economics. Problems of controlling economic activity Monetary and
fiscal policies for promoting economic. Stability and growth.

751320 INTERNATIONAL BUSINESS ECONOMICS 3(3-0-6)

Prerequisite: 751308
Principle of international business economics. International business strategies in current
economic situations. The US, EU, Chinese, Japanese, Russian and Middle East markets, cultures
and consumers’ behaviors. Import regulations and products-standards. Markets-entries. Political
economy between the US, EU, China, Japan, Russia, Middle East and major countries such as India,
Korea and others that affect international business.

751321 COMMUNITY ECONOMIC DEVELOPMENT 3(3-0-6)

Prerequisite: 751102 or 751106
Conceptual frame work of community economic development including the study of the past and
present economic structures of Thailand, the sustainable development, the community economic
development, the development of community economic development in Thailand, impacts of
globalization and community adjustment.

751322 INTERNATIONAL POLITICAL ECONOMY 3(3-0-6)

Prerequisite: 751202
Political economy between the Middle East, US. and Europe. The ongoing wars: Seizure of natural
resources. Strategic, economic and political alliances. Analysis of integrated impacts of the
international political economy on global and Thai economies; applied strategies.

751323 MODERN CHINESE ECONOMY 3(3-0-6)

Prerequisite: 3rd year Student
Understanding modern China: The historical turning points. Reform and economic development.
Business opportunities and joint-venture potentials in China: Successful case studies. Building
brands and niche products for Chinese markets.

751326 ASEAN ECONOMY IN THE GLOBAL ECONOMIC CONTEXT 3(3-0-6)

Prerequisite: 751101 or 751102 or 751106
Introduction of the structure of the integration of the countries in the region. Structure of ASEAN
and challenges of ASEAN Economic Community (AEC). Economic structure of ASEAN’s member
countries and ASEAN. Linkages of logistic, commercial and financial interests of the countries of
ASEAN countries and others. Roles of ASEAN integration in trade and investment aspects. Context
of normative and legal issues and problems of ASEAN in economic, trade, financial, social, political,
and cultural aspects related to Thailand’s roles in ASEAN platform. Obstacles and challenges of
ASEAN integration and ASEAN economic policy in the future. Case study of current issues of ASEAN
countries.

42
751327 ICT ECONOMICS AND TELECOMMUNICATIONS POLICY 3(3-0-6)
Prerequisite: 751301
Economic, sociological and psychological aspects of consumer behavior, in reference to the latest
trend in telecommunication, information and communication markets and technologies. Business
orientations in such a rapidly changing area as telecommunication services and ICT. The goal of
this course is to acquire theoretical foundations and some application abilities for analyzing
consumer’s behavior in the face of the emergence and diffusion of new services such as ICT and
innovation as well as introducing telecommunication policies and regulations.

751330 MONEY AND BANKING 3(3-0-6)

Prerequisite: 751102 or 751106 or consent of the faculty
The nature and function of money and finance; the role of money, kinds of money, monetary
standards, debt, credit and finance instruments, finance, intermediaries, Commercial banking
system and policy. The role of central bank, central banking system of the U.S.A., U.K. and
Thailand. Instruments of monetary policy. Monetary policy and fiscal policy. Money market and
capital market. Credit market in Thailand.

751332 MONETARY THEORY 3(3-0-6)

Prerequisite: 751330
Meaning, changes, measurement and importance of changes of the value of money. The early and
improved Quantity Theory, the equation of exchange and the demand for money. Rate of interest,
loanable funds and liquidity preference theory. Keynes' Monetary Theory, money market and IS
LM curves, money and industrial fluctuations, monetary policy and its practice.

751340 INTRODUCTION TO AGRICULTURAL ECONOMICS 3(3-0-6)

Prerequisite: 751102 or 751106
General ideas in agricultural economics; land capital labor and management. Present farm
management in Thailand. Land tenure, systems and types of farming, farm organization and
management. Agricultural credit. Demand, supply and marketing of agricultural products.
Problems in agricultural economics.

751342 LAND ECONOMICS 3(3-0-6)

Prerequisite: 751102 or 751106
Man and land, the supply of land for economic use, population pressure and demand for land. Land
resource requirement, input-output relationships affecting, land use and economic returns to land
resource. Land resource development decisions, conservation and values of land resource and the
real estate market. Impact of institutional factors on land use. Planning and public measures for
directing land use.

751345 TRANSPORTATION ECONOMICS 3(3-0-6)

Prerequisite: 751102 or 751106
Transportation and economy, scope of transportation economy, transport location, transportation
efficiency, land rent and transportation, transportation consideration, importance of
transportation.

43
751347 COOPERATIVE ECONOMICS 3(3-0-6)
Prerequisite: 751102 or 751106
Historical development, idea and definition of cooperative. Rochdate principles and principles of
different types of cooperative organization, comparison of cooperative to other economic systems
and to other types of business organization. Development and cases study in cooperative problems
in Thailand Cooperative and the social and economic development of Thailand. Cooperative
movement in selected countries. The preliminary cooperative organization work Cooperatives and
their worldwide status.

751401 INTERNATIONAL ECONOMICS 3(3-0-6)

Prerequisite: 751302 and 751308 or consent of the faculty
This course is intended to provide general concepts and theories of international trade, and related
problems. Pure and monetary aspect of international theories. International migration of factors
of production: labor and capital movement and the effect of factor migration. Economic integration
among developing countries.

751403 ECONOMETRICS 2 3(3-0-6)

Prerequisite: 751305

Basic econometric tools, Econometrics for time series, cross sectional, and panel data,
Econometric tools for other analyses.

751405 THEORY OF ECONOMIC DEVELOPMENT 3(3-0-6)

Prerequisite: 751308
Concepts and theories related to the problems of economic growth in both developed and
developing countries. A general survey of economic development theories from the classical era
up to present and the comparison and evaluation of those theories.

751408 RESEARCH METHODS IN ECONOMICS 3(3-0-6)

Prerequisite: 751301 and 751308 and 751304 or 751407
Basic procedures and methods of research in economic are considered from the standpoint of their
applicability to problem solving and discovering of new scientific facts and generalizations in
economic. Definition of the problem, statement of hypothesis, research design, data collection
methods and data analysis constitute the major topics. Attention is given to proper style and
preparation research reports in economics.

751409 RESEARCH EXERCISE IN CURRENT ECONOMICS ISSUES 3(3-0-6)

Prerequisite: 751408
An individual research exercise on current economics issues under general guidance and
supervision of instructor.

751411 THE ECONOMICS OF EUROPEAN ECONOMIC INTEGRATION 3(3-0-6)

Prerequisite: 751401
Theoretical analysis of economic integration and review of relevant economic policies such as
trade, agricultural, industrial, monetary and fiscal policies of the European Union. Impact of the
integration on external relations with other countries.

44
751413 INTRODUCTION TO INPUT-OUTPUT ANALYSIS 3(3-0-6)
Prerequisite: 751209
Concepts of Input-Output analysis and the applications of this technique to national economy.
Methods and problems of constructing and Input-Output table.

751414 INTRODUCTION TO APPLIED ECONOMETRICS 3(3-0-6)

Prerequisite: 751410
An introduction to stationary and nonstationary random variables. Estimation and hypothesis
testing. An introduction to nonstationary univariate time series models. Developments of
nonstationary univariate time series models. Stationary and nonstationarity in single-equation
regression analysis. Endogeneity and the fully modified ordinary least squares estimator.
Econometric theory applications to the demand for money, the term structure of interest rates, the
Phillips curve, the exchange rate and purchasing power parity. Multivariate and cointegration.
Application of multivariate models involving cointegration. Autoregressive conditional
heteroscedasticity : modeling volatility.

751416 MATHEMATICAL ECONOMICS 3(3-0-6)

Prerequisite: 751209
This courses approaches macroeconomic and micro-economic theories mathematically beyond
the introductory course (ECON 209). It covers how economists think and how they approach some
of the analytical problems by resorting to the model building approach using mathematical tools,
emphasis on method of analysis.

751417 MANAGERIAL ECONOMICS 3(3-0-6)

Prerequisite: 751302 and 206172 and 208272
The decision-making process involving the economic activities of a firm. These activities include:
optimization techniques, demand analysis and forecasting, production and cost analysis, market
structures and pricing, risk analysis and long-run planning, government policy and regulations, and
the international economy.

751418 BUSINESS CYCLE THEORY 3(3-0-6)

Prerequisite: 751308
Theories and concepts of business cycle, including an analytical survey of the history and nature
of cyclical economic fluctuations, policies of economic stabilization. Relationship between
business cycle theories and economic growth theory.

751420 INTERNATIONAL FINANCE 3(3-0-6)

Prerequisite: 751401
Financial policies to maintain a monetary equilibrium in its foreign transactions. Choice among
exchange rent regimes as the first step in making international policy. Free exchange rate and fixed
exchange rate will be closely studied. The comparison study of internal equilibrium and external
equilibrium; full employment at home or payments equilibrium.

45
751421 ECONOMICS OF INVESTMENT 3(3-0-6)
Prerequisite: 3rd year standing
Investment decision and economic variables. Uncertainty and decision making. Sources of
information on investments. Introduction to security valuation using economic theory. Industry
analysis using economic theory. Company analysis using economic theory. Bond market.
Introduction to bond valuation. Introduction to financial derivatives and economic theory.
Introduction to foreign exchange markets. Analysis of foreign exchange rates using economic
theory. Application of financial derivatives and capital markets. Due diligence and initial public
offerings. Mergers and acquisitions.

751422 TECHNICAL ANALYSIS FOR INVESTMENT 3(3-0-6)

Prerequisite: 3rd year standing
Dow theory. Basic concept of trends. Major reversal patterns. Moving averages. Relative strength
index. Moving average convergence and divergence. Stochastics. Oscillator. Momentum.

751424 ECONOMIC DEVELOPMENT OF DEVELOPING COUNTRIES 3(3-0-6)

Prerequisite: 751308
Basic characteristics of poor countries; obstacles to development; general requirements for
development. Domestic policy issues; prospect for development and some topics for case studies.

751425 ECONOMIC GROWTH 3(3-0-6)

Prerequisite: 751209 and 751302 and 751309
Stylized facts related to economic growth, including the study of concepts and modern theories of
economic growth, wealth accumulation and capital mobility, technological progress and economic
growth, education and economic growth, and endogenous growth.

751427 ECONOMIC PLANNING 3(3-0-6)

Prerequisite: 751309
Types, methods and applications of planning. Concepts and significance of economic planning as
relevant to economic development. Economic planning of Thailand. A survey of different
approaches to economic planning in some other countries.

751428 POLITICAL ECONOMY 3(3-0-6)

Prerequisite: 751100 or 751102 or 751106
Fundamental concepts, structures, and system of political Economy. Political economic
interpretation of authoriatianism, individualism, socialism, nationalism, and ethics. Thai economic
system from political economic perspective. Political economic power concentration in Thai
economic development and problems.

751429 COMPARATIVE ECONOMIC SYSTEM 3(3-0-6)

Prerequisite: 751202
Characteristics and functions of an economics system. Analysis of alternative patterns of economic
control, planning and market structure. Experiences under capitalism, socialism and mixed
economics. Consideration of their theories and philosophies.

46
751434 COMMERCIAL BANKING 3(3-0-6)
Prerequisite: 751330
Banking practice and policy; evaluation of Thai banking institutions, banking organization and
management: deposits, loans, discounts, investments and negotiable instruments. Branch
banking: special aspects of bank accounting: role of commercial bank financing in foreign trade;
foreign exchange transaction interbank transaction and clearing system.

751437 TAX SYSTEM 3(3-0-6)

Prerequisite: 751102 or 751106
Principles and purpose of taxation. The effect of taxation upon the economy, tax base and tax rate.
The shifting and incidence of taxation. Principles which regulate the incidence of taxes. Principles
of some major taxes. Tax system of Thailand. The relationship of taxation and economic
development. Taxation and economic statilization. Problems of taxation of developing countries.
Tax as an instrument for fiscal policy.

751440 LABOR ECONOMICS 3(3-0-6)

Prerequisite: 751301
Introduction to labor economics, labor supply, labor demand, labor market equilibrium, wage
structure, labor mobility, labor union, unemployment, labor policies and special topics in labor
economics.

751441 ECONOMICS OF WATER RESOURCES 3(3-0-6)

Prerequisite: 751209 and 751302 ; for major or consent of
the faculty for non-major
The importance of water resources to the economy, an allocation of water resources for
agricultural, municipal, industrial and environmental purposes, Roles of price mechanism and
social institutions in water allocation, cost-benefit analysis, advantages in water resource
development project, pollution and wastewater management, impacts of climate change on water
resource managements, models of demand for surface and groundwater, river basins and
watershed management and case studies.

751442 REGIONAL ECONOMICS 3(3-0-6)

Prerequisite: 751302
Regional economic theories, interregional trade and factor mobility regional economic growth,
regional economic analysis techniques, and regional planning.

751443 INDUSTRIAL ECONOMICS 3(3-0-6)

Prerequisite: 751102 or 751106
Nature and scope of the process of industrialization, the patterns of industrial growth the structure
and functioning of industries and industrial relation, location of industries.

751444 URBAN ECONOMICS 3(3-0-6)

Prerequisite: 751302
Economic analysis of urban location, land-use, and economic growth. Problems of urban
transportation, public finance, housing, poverty and environmental quality. Urban economic
planning.

47
751445 NATURAL RESOURCE ALLOCATION AND POLICY 3(3-0-6)
Prerequisite: 751302
Policy analysis and allocation of natural resources to serve the target of national economic and
social development.
751446 ECONOMY OF THAILAND 3(3-0-6)
Prerequisite: 751301 and 751308
A study of the structure of the Thai economy in the past and at present. Analysis of the use of
resources in production; expenditure on consumption and investment; foreign trade; economic
and social development, economic statilization; including major economic problems.

751448 SEMINAR IN GLOBAL INVESTMENT ISSUES 3(3-0-6)

Prerequisite: 751421 and 751422
Global investment issues are presented, analyzed, and discussed.

751449 COOPERATIVE EDUCATION 6(0-30-

Prerequisite: 3rd year standing 0)
Students are required to work in the organizations related to economics major for a minimum
period of 16 weeks as a staff under the supervision of in-charge trainer(s) of the organizations and
instructor(s) of the university. Grading will be given on satisfactory or unsatisfactory basis.

751451 HEALTH ECONOMICS 3(3-0-6)

Prerequisite: 751301 and 751308
Basic concepts in health economics, public goods, externalities and health care services. Demand
for and supply of health care, the economic evaluation of health programs. Technical efficiency,
economic efficiency and cost of health care services. Resource allocation in health sector and the
development of health. Health insurance, health care delivery system and analysis of health
problems in Thailand.

48
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