B.E. Curriculum 2023
Overview & ELOs
The course plans are created in accordance with the program’s expected outcomes. During their first year, students typically take general education courses required by the university, as well as some foundational concepts in economics and quantitative tools used for upper-level study. Then, students begin taking more major subject courses in their second year. Most registered courses are intermediate-level subjects that serve as a solid foundation for upper-year economics subfield courses.
Having entered their third year, students can delve deeper into the real-world applications of economic principles by choosing from a wide range of topics or issues covered in several economics subfield courses.
We offer nine subfields in economics at the B.E. international program. Each subfield area in economics is not only linked to various career options that students may pursue after graduation, but also provide conceptual framework, tools and knowledge needed for a completion of a required capstone project in their final year. The capstone project is a one-semester (a seminar subfield course) or one-year (the honor thesis) project in which students must conduct independent research on a topic to gain a thorough understanding of it. The project can be an individual or collaborative work at the discretion of the class supervisor, but it must reflect a decent quality of research project. Under each type of capstone class (seminar subfield course or honor thesis), the project investigator will assist students in developing high-level thinking skills for use in research, guiding students until the project is completed.Â
At the B.E. international program, students have not only been provided with rigorous economic knowledge, but the 2023 curriculum also intends to prepare students for a variety of career options. In addition to their economics major courses and selected subfield economics courses, students may enroll in a variety of non-economics courses. Enrollment credit for these courses may be counted toward a minor field of study degree. The B.E. International Program offers three minor fields of study: finance, marketing, and free-cluster. All minor courses are taught by Thammasat business school professors and industry practitioners with certified charter.Â
Ranking | Program Learning Outcomes (PLOs) | Learning Process | Assessment Methods |
---|---|---|---|
Knowledge
| |||
K1 |
Acquiring knowledge and understanding of economic theories, fundamental economic tools, theory development, and applied economics
|
1. Lecture on theoretical knowledge 2. Problem-based learning by emphasizing problem analysis/problem-solving 3. Independent study by assigned research papers and academic projects 4. Training sessions on quantitative analysis and using technology for processing, analysis, interpretation, and effective presentation 5. Demonstrating knowledge integration in related study fields 6. Brainstorming to encourage active learning and applied knowledge |
1. From assigned homework/projects/reports/ research papers 2. From quizzes and exams 3. From case study analysis/displaying knowledge and conceptual understanding |
K2
| Ability to apply theoretical knowledge to analyze and provide practical suggestions for economic and social issues | ||
K3 | Ability to appropriately integrate economic knowledge with other study fields
| ||
K4 | Ability to attain lifelong learning and thoroughly understand world economic and societal changes and impacts |
Ranking | Program Learning Outcomes (PLOs) | Learning Process | Assessment Methods |
---|---|---|---|
Skills | |||
S1 |
Acquiring intellectual skill and ability to think systematically to identify research topics, perform research, process data, and evaluate findings
|
1. Problem-based learning by emphasizing analysis of problems/problem-solving sources 2. Brainstorming to encourage class discussion and applied knowledge 3. Preparing research papers/projects 4. Training sessions on essential technology for education, work, and lifelong learning 5. Written and oral presentations using technology 6. Soft skills and extracurricular learning activities |
1. Quizzes and examinations 2. Observation of participation in analytical thinking and proposing problem-solving guidelines 3. From the ability to use mathematical and statistical techniques to process data, analyze, interpret, and propose suggestions as shown in a report/assignment 4. From extracurricular activity participation 5. From self- and peer- evaluated participation and personal development |
S2 | Acquire analytical and communication skills and ability to interpret data from different sources, analyze, and integrate knowledge to propose appropriate problem-solving guidelines for economic and social issues
| ||
S3 | Acquire quantitative and technological skills for research studies | ||
Ranking | Program Learning Outcomes (PLOs) | Learning Process | Assessment Methods |
---|---|---|---|
Ethics | |||
E1 |
Acknowledge moral values and exhibit ethical traits, including decency, selflessness, and integrity
|
1. Learn from case studies covering ethics-related topics 2. Incorporating moral value instruction in lectures and class discussions 3. Assigning independent research projects 4. Assigning group research projects 5. Participating in analysis and providing ethical insights in case studies 6. Experiencing real-life situations 7. Developing social responsibility activities |
1. From punctuality, class participation, and meeting deadlines 2. Observation 3. Peer- and self-reflections 4. Assessment forms |
E2 | Showing self-discipline, social responsibility, and good citizenship
| ||
E3 | Respect rights, opinions, values, and dignity of others. Obey organizational and societal rules and regulations
| ||
E4 | Developing professional ethics
| ||
Ranking | Program Learning Outcomes (PLOs) | Learning Process | Assessment Methods |
---|---|---|---|
Character | |||
C1 | Ability to effectively complete assigned tasks and responsibilities |
1. Individual/group assignments 2. Lecture/debate/ brainstorming/class discussion/knowledge sharing 3. Encourage asking questions in class to promote student engagement 4. Activities to encourage problem-based learning by emphasizing analysis of problem /problem-solving sources 5. Involvement in problem-solving processes by projects/research papers 6. Oral presentation 7. Extracurricular learning experiences |
1. Assignment quality 2. From problem-solving processes 3. From observations of behavior/research presentations/projects/ assignments 4. From ability to convey leadership and teamwork in different situations 5. From teamwork skills and problem/case study analysis 6. Examine thought processes, connected thinking, and reasoning |
C2 | Ability to initiate problem analysis independently and/or in teamwork | ||
C3 | Acquire leadership and collaborative skills and respect different viewpoints | ||
C4 | Show active learning characteristics and aspire to personal development
| ||
C5 | Acquire interpersonal skills and ability to collaborate and adapt to changing circumstances
| ||
Subfield in Economics | Example of Possible Career Choices |
---|---|
Political Economics | Public Policymakers NGO Economists |
Economics Theory Quantitative Economics | Bank of Thailand Academic Economists Data-Analytic Economists |
Monetary and Financial Economics | Central Bank Economists Financial Sector Economists |
International Economics | International business and finance |
Public Economics | Public Policymakers Fiscal Authority Staff |
Development Economics | Development & Planning Economists Public Policymakers International Labor Organization Corporate Sector Economists Social Enterprise Firms, World Bank Economists |
Environmental & Natural Resources Economics and Human Resource Economics | Human Resource Department International Labor Organization Corporate Sector Economists |
Industrial Economics | Business Consulting Firms Industry Regulators |
Curriculum Structure
The Bachelor of Economics, International Program requires students to register a minimum of 131 credits in accordance with the course structure and distributed requirements as follows:
Block 1) General Education Courses | 30 | credits
|
Block 2) Major Area Courses | 71 | credits
|
2.1) Compulsory Courses
| 35 | credits
|
2.2) Compulsory Elective Courses
| 3 | credits
|
2.3) Cluster-Elective EE-title Courses
| 30 | credits
|
2.3.1) Cluster-Elective EE-title Courses 1 (Cluster-Specific Compulsory Courses: EE-title courses with 400-level or higher code)
| 21 | credits
|
2.3.2) Cluster-Elective EE-title Courses 2 (Cluster-Specific Elective Courses: EE-title courses with 300-level or higher code)
| 9 | credits
|
2.4) Research Methodology
|
3
| credits
|
2.5) Capstone Project or Seminar
|
3
| credits
|
Block 3) Minor Area or Non-Economics Elective Courses
|
24
| credits
|
Block 4) Free Elective Courses
|
6
| credits
|
General Education (Gen-Ed) Courses are divided into five areas of subjects. Students are required to complete a minimum of 30 credits in Gen-Ed courses in accordance with the following course structure.
1. Students must study at least one subject in each of the five areas of Gen-Ed courses. For B.E. curriculum 2023, we require a total of 15 credits which consists of 9 credits of compulsory courses, 6 credits of compulsory elective courses in the following list.
World and Society: 1 compulsory course (3 credits)
     TU101 Thailand, ASEAN, and the World
Esthetic and Communication skills: 1 compulsory course (3 credits)
     TU106 Creativity and Communication
Science, Mathematics and Technology: Students must complete at least 1 course (3 credits) in following list
     TU103 Life and Sustainability, or
     TU107 Digital Skill and Problem Solving
Wellbeing and Future skills: Students must complete at least 1 course (3 credits) in following list
     EL295 Academic English and Study Skills 1, or
     TU108 Self Development and Management Â
Social Services and Practical Learning: 1 compulsory course (3 credits)
     TU100 Civic Engagement
2. Students must collect another 15 credits from the Gen-Ed courses specified and offered by the B.E. program:
a.TU122
b.TU116
c.Other Gen-Ed courses offered by B.E. programÂ
World and Society: 1 compulsory course (3 credits)
| ||
TU101 Thailand, ASEAN, and the World | 3 (3-0-6)[2] | |
Science, Mathematics and Technology: Students must complete at least 1 course (3 credits) in following list
| ||
TU103 Life and Sustainability | or | 3 (3-0-6)
|
TU107 Digital Skill and Problem Solving | 3 (3-0-6) | |
Wellbeing and Future skills: Students must complete at least 1 course (3 credits) in following list | ||
EL295 Academic English and Study Skills | or | 3 (3-0-6) |
TU108 Self Development and Management | 3 (3-0-6)
| |
Social Services and Practical Learning: 1 compulsory course (3 credits) | ||
TU100 Civic Engagement | 3 (3-0-6)
|
3 (3 – 0 – 6) is referred to a course with 3 credits, 3-hour lecture, 0-hour laboratory session, and 6-hour self-study.
Block 2.1 Compulsory courses 32 credits
2.1.1)Â MA216 (or MA211) and ST216 (or ST211)
2.1.2) EL241 and EL341Â
2.1.3) EE211; EE212; EE311; EE312; EE320 (or EE421) and EE325 (or EE425)
Block 2.2 Compulsory elective courses 3 credits: students are required to complete 3 credits from one of the following courses specified by the faculty.
2.2.1) EE404 History of Economic Thought, or
2.2.2) EE406 Contemporary Economic Issues, or
2.2.3) EE460 Thai Economy
Block 2.3 Cluster-Elective EE-title courses 30 credits consisting of cluster-specific compulsory courses and cluster-specific elective courses as follows
2.3.1)Â 21 credits of EE-title (elective) course with 400-level or higher code.Â
2.3.2)Â 9 credits of EE-title (elective) course with 300-level or higher code.Â
Block 2.4 Research methodology 3 credits
EE215 Research Methodology | 3 credits |
Block 2.5 Capstone project or Seminar 3 credits with 3 options:
2.5.1) EE490 Seminar in Economics | 3 credits or |
2.5.2) EE470 or EE4x9 Seminar in Specific Sub-Field Economics | 3 credits or |
2.5.3) EE500 Honors Thesis | 3 credits [1] |
Minor 1 Finance
Students must take 24 credits of Minor Area Study. To graduate with a Finance minor, at least 21 credits from the 24 credits enrolled in minor area subjects must meet the requirements listed in the table below, with a grade point average of at least 2.00.
Minor 2 Marketing
Students must take 24 credits of Minor Area Study. To graduate with a Finance minor, at least 21 credits from the 24 credits enrolled in minor area subjects must meet the requirements listed in the table below, with a grade point average of at least 2.00. Â
Course code / Course Title | Category | Credits | Requirements | MK211 Consumer Behavior | Compulsory for Marketing Minor | 3 credits | Receive at least C
for each course
|
---|---|---|---|
MK312 Brand Strategic | 3 credits | ||
BA291 Business in a Changing World | 3 credits | Receive A, B+, B, C+, C, D+, D
| |
MK201 Principles of Marketing | 3 credits | ||
MKXXX (Choose one from MK elective courses) | Electives for Marketing Minor
| 3 credits | |
MKXXX (Choose one from MK elective courses) | 3 credits | ||
MKXXX (Choose one from MK elective courses) | 3 credits | ||
Choose any subjects listed as Minor Area Study course and fulfill the 24 credits requirement for Minor Area Study | Electives for Minor Area Study | 3 credits | Receive A, B+, B, C+, C, D+, D
|
Course code / Course Title | Category | Credits | Requirements | FN211 Financial Mathematics and Statistics | Compulsory for Finance Minor | 3 credits | Receive at least C
for each course
|
---|---|---|---|
FN311 Financial Management | 3 credits | ||
FN312 Investments | 3 credits | ||
AC201 Fundamental Accounting | 3 credits | Receive A, B+, B, C+, C, D+, D
| |
BA291 Business in a Changing World | 3 credits | ||
FN201 Business Finance | 3 credits | ||
FNXXX (Choose one from FN elective courses) | Electives for Finance Minor
| 3 credits | |
Choose any subjects listed as Minor Area Study course and fulfill the 24 credits requirement for Minor Area Study | Electives for Minor Area Study | 3 credits | Receive A, B+, B, C+, C, D+, D
|
Minor 3 Free-cluster
With no more than 2 fields of studies, students can mix and match any Minor Area Study courses being offered by B.E. international program, and count the credits towards 24 credits to obtain the free-cluster minor degree. Â
[1] Major Area subjects, General Education courses and EE-subjects are NOT classified as Minor Area subjects. See the classification in the Course Catalog section.
Â
General Education Courses
TU101 | Thailand, ASEAN, and the World Category: Compulsory Course for General Education World and Society | 3 (3-0-6) |
TU122 | Law in Everyday Life Category: Compulsory Elective Course for General Education Course Description: To study general aspects of law as correct patterns of human conduct in society. To equip learners with basic principles of public law (rules of law), and its values which are associated with citizensÂ’ moral core. To provide basic knowledge in public law and private law, involving the issues of rights and duties, dispute settlement, Thai Justice procedures, the usage and interpretation of law principles, with an emphasis on case studies in our daily lives. World and Society | 3 (3-0-6) |
TU106 | Creativity and Communication Category: Compulsory Course for General Education Esthetic and Communication skills: | 3 (3-0-6) |
TU116 | Man and Arts : Visual Art, Music and Performing Arts Category: Compulsory Elective Course for General Education Course Description: This course is a study of art in relation to its function and the development of people, society and environment by focusing on various creative works, such as visual arts, music and performing arts, depicting the culture and perception of mankind. The course also aims to instill learners with real awareness of art values through personal experience, and also the appreciation of the aesthetic values of creative works. An emphasis is placed upon the influence of art on Thai values and the Thai way of life. Esthetic and Communication skills | 3 (3-0-6) |
TU103 | Life and Sustainability Category: Compulsory Elective Course for General Education Science, Mathematics and Technology | 3 (3-0-6) |
TU107 | Digital Skill and Problem Solving Category: Compulsory Elective Course for General Education Science, Mathematics and Technology | 3 (3-0-6) |
EL115 | English Communication for Careers Category: Compulsory Elective Course for General Education Course Description: Development of language and communication skills for careers. Strategies for presentations, networking, persuading, meetings, public relations, and negotiations. Study of social and business etiquette in professional contexts. Wellbeing and Future skills | 3 (3-0-6) |
EL295 | Academic English and Study Skills 1 Category: Compulsory Elective Course for General Education Wellbeing and Future skills | 3 (3-0-6) |
TU108 | Self Development and Management Category: Compulsory Elective Course for General Education Wellbeing and Future skills | 3 (3-0-6) |
TU100 | Civic Engagement Category: Compulsory Course for General Education Social Services and Practical Learning | 3 (3-0-6) |
Major Area Study Courses
EE400 | Seminar for Honor Thesis Category: Elective Course for Major Area Study (400-level or above) Prerequisite(s): (a) EE215 and (b) a minimum of three 400-level (or above level) economics Course and (c) having earned a cumulative GPA of 3.25 or higher at the beginning of the semester enrolled Course Description: Students choose research topics, write research proposals based on research methodology, and prepare and present honor thesis proposals with the approval of honor thesis advisors and honor thesis committee appointed by the Faculty of Economics.
Note: This course is offered only in the first semester of each academic year General Course for Major Area Study | 3 (3-0-6) |
EE490 | Seminar in Economics Category: Capstone Project Prerequisite(s): (a) EE215 (b) a minimum of four 400 level (or the above level) courses in the field Course Description: Seminar and Selection of research topics; development of stages of research; data collection and analysis, report writing under the supervision of the lecturer. General Course for Major Area Study | 3 (3-0-6) |
EE500 | Honor Theis Category: Capstone Project Prerequisite(s): (a) EE400 and (b) having earned a minimum cumulative GPA of 3.25 at the beginning of the semester enrolled, and with the consent of the assigned advisor. Course Description: Students conduct research and write their theses under the supervision and guidance of their thesis advisor and present honor thesis with the approval of honor thesis advisors and honor thesis committees appointed by the Faculty of Economics. General Course for Major Area Study | 3 (3-0-6) |
EL241 | English for Economists 1 Category: Compulsory Course for Major Area Study Course Description: Development of language skills in English for economics through lectures, reading, and discussion of contemporary issues. Practice and use of relevant vocabulary and study skills including note taking, paraphrasing and group discussions of basic economic issues. Skills development in describing economic trends, making predictions, and conducting economic debates. General Course for Major Area Study | 3 (3-0-6) |
EL341 | English for Economists 2 Category: Compulsory Course for Major Area Study Prerequisite(s): EL241 Course Description: Advanced English language practice in speaking, reading, listening and writing related to the field of economics. Practice in presenting opinions of current global events through group discussions, written reports and academic presentations. General Course for Major Area Study | 3 (3-0-6) |
MA216 | Calculus for Social Science 1 Category: Compulsory Course for Major Area Study Course Description: Limits and continuity of one variable functions, derivatives of algebraic functions and transcendental functions, implicit differentiation, higher order derivatives, RolleÂ’s theorem, the mean value theorem, applications of the derivative for determining limits and maximum and minimum of functions, differentials and its applications, antiderivatives, indefinite integrals and integration, definite intergrals and applications of area solving, functions of several variables, limits and continuity of functions of several variables, partial derivatives, the chain rule, total differential and its applications. Remark 1: No credit for students who are currently taking or have earned credits of MA111 or MA211 or MA218 or AM101. General Course for Major Area Study | 3 (3-0-6) |
ST 216 | Statistics for Social Science 1 Category: Compulsory Course for Major Area Study Course Description: Introduction to descriptive statistics; index numbers; unconditional and conditional probability; random variables and probability distribution; unconditional and conditional expectations; elementary sampling and sampling distribution; estimation and hypotheses testing for one population; statistical package results interpretation. Remark 1: No credits for students who passed or studying TU155 General Course for Major Area Study | 3 (3-0-6) |
EE301 | History of Thai Economy Category: Elective Course for Major Area Study (300-level) Prerequisite(s): – Course Description: Studying the evolution of ThailandÂ’s economic system. The study focuses on examining the development of Thailand’s economic and social structure, while also investigating the roles of the state in the economy. The study links the changes in the Thai economy to the related economic, political, and social factors, both at the national and global levels. Field : 0 Political Economics | 3 (3-0-6) |
EE302 | History of World Economy Category: Elective Course for Major Area Study (300-level) Course Description: Analyzing the history and development of world capitalism. The importance of the world economy is emphasized by selected topics such as the birth of capitalism, the Industrial Revolution, colonization, the Great Depression of the 1930s, the collapse of the Soviet Union, the development of Chinese and East Asian economies, the Oil Crises, and the World Financial Crises. Field : 0 Political Economics | 3 (3-0-6) |
EE401 | Political Economics Category: Elective Course for Major Area Study (400-level or above) Prerequisite(s): a) EE210 or b) EE211 and EE212 or c) EE213 and EE214 Course Description: Analyzing the development of capitalism. Theories and methodology of different schools of Economic thought from classical political economics to Karl Marx ‘ s political economics, post-Marxist political economics. Field : 0 Political Economics | 3 (3-0-6) |
EE402 | Institutional Economics Category: Elective Course for Major Area Study (400-level or above) Prerequisite(s): a) EE210 or b) EE211 and EE212 or c) EE213 and EE214 Course Description: Studying the development of institutional economics thought. Analyzing how institutions shape the incentives of economic agents, and how this influences socioeconomic outcomes. Examining factors contributing to the formation and demise of institutions, transactional costs, and changes within institutions. Using mainstream Economics to analyze the political market structure, political phenomena, and rent-seeking behavior as exercised by government bodies. Studying how Special Interest Groups (SIGs) impact economic policies. Field : 0 Political Economics | 3 (3-0-6) |
EE403 | Law and Economics Category: Elective Course for Major Area Study (400-level or above) Prerequisite(s): a) EE210 or b) EE211 and EE212 or c) EE213 and EE214 Course Description: Thailand ‘ s Legal System. The relationship between law, economy, and politics. Applying economic theory to analyze reasons for the existence of property rights, civil, and commercial law. The effects of law on economic behavior and on economic outcomes. Field : 0 Political Economics | 3 (3-0-6) |
EE404 | History of Economic Thought Category: Compulsory Elective Course for Major Area Study Prerequisite(s): a) EE210 or b) EE211 and EE212 or c) EE213 and EE214 Course Description: Studying philosophical foundations, main ideas of different schools of economic thoughts, and debates among economists from past to present. Studying socio-economic and important events in history that influence economic ideas. Field : 0 Political Economics | 3 (3-0-6) |
EE406 | Contemporary Economic Issues Category: Compulsory Elective Course for Major Area Study Prerequisite(s): EE211 and EE212 Course Description: This course is a general introduction to the subject matter and methods of economics, through the investigation of specific contemporary economic issues such as economic growth, inequality, poverty, and environmental deterioration. The focus also is on how economists address these issues. Field : 0 Political Economics | 3 (3-0-6) |
EE409 | Seminar in Political Economics and Economic History Category: Capstone Project Prerequisite(s): Having completed at least two 400-level (or the above level) courses in the field of Political Economics and Economic History, excluding EE400, EE404, EE406 and EE500. Course Description: Seminar and research on specific topics in Political Economics and Economic History under the supervision of the lecturer. Field : 0 Political Economics | 3 (3-0-6) |
EE501 | Selected Topics in Political Economics 1 Category: Elective Course for Major Area Study (400-level or above) Course Description: Studying selected topics in Political Economics and Economic History to be announced later. Field : 0 Political Economics | 3 (3-0-6) |
EE502 | Selected Topics in Political Economics 2 Category: Elective Course for Major Area Study (400-level or above) Course Description: Studying selected topics in Political Economics and Economic History to be announced later. Field : 0 Political Economics | 3 (3-0-6) |
EE210 | Introductory Economics Category: For Students who are not Economics major only Course Description: This course introduces the economic method of thinking to better understand real-world decision-making and improve analytical skills to better understand business and policy concerns. The fundamentals of modern economics, the general principles of microeconomics and macroeconomics, are introduced. Microeconomics covers how to apply the fundamental economic principles that explain why individuals and businesses make decisions with limited resources. The interactions of supply and demand in market operations are covered, as well as a variety of market structures ranging from monopoly to perfect competition. Furthermore, the course explores different sorts of failures and how government intervention policies might increase social welfare. Microeconomics covers how to apply the fundamental economic principles that explain why individuals and businesses make decisions with limited resources. The interactions of supply and demand in market operations are covered, as well as a variety of market structures ranging from monopoly to perfect competition. Furthermore, the course explores different sorts of failures and how government intervention policies might increase social welfare. Remark 1: For non-Economics majors only; credits will not be awarded to students who are taking or have completed EE211 or EE212 or EE213 or EE214 Field : 1 Economics Theory | 3 (3-0-6) |
EE211 | Principles of Microeconomics Category: Compulsory Course for Major Area Study Prerequisite(s): – Course Description: The course covers the principle microeconomic theories for making decisions under scarcity. The fundamentals of supply and demand, as well as their determinants, are established in the introduction to consumer and producer theories. Supply and demand collaborate to establish pricing and resource allocation efficiency through two basic market structures: monopoly and perfect competitive markets, and competitive factor markets. The principles and effects of market failures are also introduced. Field : 1 Economics Theory | 3 (3-0-6) |
EE212 | Principles of Macroeconomics Category: Compulsory Course for Major Area Study Course Description: The course covers the principle macroeconomic theories that explain how the economy works at a macro level and the mechanisms via which policies might intervene. The course covers the most important macroeconomic measurements and issues. The accelerator principle, money markets, the theory of supply and demand for money, the joint equilibrium model of product and money markets (IS-LM model), the balance of payments, and fiscal and monetary policy as means of stabilizing an economy are all discussed. The concept of collecting and managing Thai macroeconomic data for the purpose of analyzing economic situations is introduced. Field : 1 Economics Theory | 3 (3-0-6) |
EE213 | Introductory Microeconomics Category: For Students who are not Economics major only Course Description: The course provides a practical understanding of the core economic principles that explain why consumers and companies make their decisions given scarce resources. The topics include the interactions of supply and demand of market operations, through wide-range market structures, ranging from monopoly to perfect competition. Moreover, the course also explains types of failures, in which the role of government intervention policy can improve social welfare. Remark 1: For students who are not Economics majors Field : 1 Economics Theory | 3 (3-0-6) |
EE214 | Introductory Macroeconomics Category: For Students who are not Economics major only Course Description: The course will provide you a practical understanding of the fundamental macroeconomic theories that explain how the economy functions and how macroeconomic policies affect it. The course will cover key macroeconomic measurements, problems, and policy performance, as well as the determinants of national income, employment, and price level, the role of monetary policy and the banking system in stabilizing the economy, and the role of monetary and fiscal policies in stabilizing the economy. The balance of payments, foreign currency market and exchange rate determination, and the use of economic indicators to understand economic circumstances are all covered in the international economics part. Remark 1: For students who are not Economics majors Field : 1 Economics Theory | 3 (3-0-6) |
EE215 | Research Methodology Category: Compulsory Course for Major Area Study Prerequisite(s): EE211 and EE212 and EE325 (or EE425) Course Description: Study methods of conducting research and writing report in economics by studying the meaning and objectives and economic research characteristics. Study the composition and process of conducting research consisting of topic selection. Defining Objectives and Scopes setting and testing hypotheses for the use of educational theories and methods; Various statistical sources, both primary and secondary. preparation of research projects, proposals, data processing, and analysis and writing of research reports Remark 1: Evaluation is based on ‘Satisfactory ‘ (S)/ ‘ Unsatisfactory ‘ (U) grading. Remark 2: This course is only for economics students. Field : 1 Economics Theory | 3 (3-0-6) |
EE311 | Microeconomic Theory Category: Compulsory Course for Major Area Study Prerequisite(s): EE211 (or EE213) and MA216 (or MA211) Course Description: Consumer behavior focuses on indifference curve analysis, intertemporal consumption, consumption, and risks. Theory of production and cost, the birth of the firm using information cost, structure and behavior of imperfectly competitive markets which are a monopoly, monopolistic competition, and duopoly markets. Introduction to game theory. Price setting in practice. Price determination in factor markets, general equilibrium analysis, welfare Economics, market failures ,and measures to correct. Field : 1 Economics Theory | 4 (4-0-8) |
EE312 | Macroeconomic Theory Category: Compulsory Course for Major Area Study Prerequisite(s): a) EE211 and EE212 or b) EE213 and EE214 Course Description: The course discusses the economy’s mechanism using a general equilibrium approach, which proposes appropriate government policies to stabilize and boost economic growth. Classics, New Classics, Keynesian, and New Keynesian school of thinking are all used to create appropriate policies. The role of how the labor market perceives and responds to information in determining the character of aggregate supply and the Phillips curve is examined for the closed economy. The static and dynamic elements of aggregate supply and demand interactions are investigated. Furthermore, the microeconomics foundation is utilized to investigate how agents react to one another, to policies, and to the economy’s growth. The model of joint equilibrium (IS-LM-BP) in product markets, money markets, and foreign exchange markets for an open economy. Field : 1 Economics Theory | 4 (4-0-8) |
EE411 | Microeconomic Analysis Category: Elective Course for Major Area Study (400-level or above) Prerequisite(s): EE311 and EE320 (or EE421) Course Description: Microeconomic theory with an emphasis on utilizing mathematical tools to analyze economic issues such as consumer behavior, revealed preferences, intertemporal consumption, consumption under risk, theories of production and cost, market structures and behavior of markets, and other topics that the lecturer finds suitable. Field : 1 Economics Theory | 3 (3-0-6) |
EE412 | Macroeconomic Analysis Category: Elective Course for Major Area Study (400-level or above) Prerequisite(s): EE312 and EE320 (or EE421) Course Description: Macroeconomic theory with an emphasis on utilizing mathematical tools and dynamic framework to analyze economic issues, such as, general equilibrium and welfare analysis in modern Macroeconomics, analysis of long-term growth, analysis of short-term growth and fluctuations both theoretically and empirically, roles of government in the economy, modern concepts for macroeconomic policy analytical frameworks, and the other topics that the lecturer finds suitable. Field : 1 Economics Theory | 3 (3-0-6) |
EE415 | Game Theory Category: Elective Course for Major Area Study (400-level or above) Prerequisite(s): EE311 and EE320 (or EE421) Course Description: The application of game theory with complete and incomplete information including strategic games, Nash Equilibrium, mixed-strategies equilibrium, extensive games, subgame perfect equilibrium, Bayesian games, extensive games of incomplete information, and other topics that the lecturer finds suitable. Field : 1 Economics Theory | 3 (3-0-6) |
EE416 | Behavioral Economics Category: Elective Course for Major Area Study (400-level or above) Prerequisite(s): EE311 Course Description: Concepts and frameworks in behavioral economics including a comparative study of models for decision under uncertainty between mainstream economics and behavioral economics, empirical evidence that support behavioral economics, models that incorporate psychological and sociological factors for consumer and social behaviors, and other topics that the lecturer finds suitable. Field : 1 Economics Theory | 3 (3-0-6) |
EE511 | Selected Topics in Economic Theory 1 Category: Elective Course for Major Area Study (400-level or above) Course Description: Studying topics in Economic Theory to be announced later. Field : 1 Economics Theory | 3 (3-0-6) |
EE512 | Selected Topics in Economic Theory 2 Category: Elective Course for Major Area Study (400-level or above) Course Description: Studying topics in Economic Theory to be announced later. Field : 1 Economics Theory | 3 (3-0-6) |
EE320 | Introductory Mathematical Economics Category: Compulsory Course for Major Area Study Prerequisite(s): a) EE211, EE212 and MA216 (or MA211) or b) EE213, EE214 and MA 216 (or MA 211) Course Description: Applying mathematical concepts and tools such as functions, equations, matrices, univariate and multivariate differential calculus, constrained and unconstrained optimization, and basic integral to understand the relationship between different economic variables and explain concepts of Microeconomic theory and Macroeconomic theory. An emphasis will be placed on relationships between total, average, and marginal functions, the analyses of elasticity, market equilibrium, impacts of taxation, and the basic input-output model. Remark 1: Credits will not be awarded to students who are taking or have completed EE421 Field : 2.1 Quantitative Economics: Mathematical Economics | 3 (3-0-6) |
EE421 | Mathematical Economics 1 Category: Elective Course for Major Area Study (400-level or above) Prerequisite(s): MA217 (or MA212) and having completed or currently taking EE311 Course Description: The application of matrices, Jacobian determinants, derivatives, partial derivatives and optimization, with and without constraints, to explain theories in Microeconomics and Macroeconomics, such as the theory of consumer behavior, the theory of production, equilibrium in goods and factor markets, equilibrium of national income in product and money markets, international trade, comparative static equilibrium analysis, the input-output model, determination of maximum-minimum point and duality of linear programming. Field : 2.1 Quantitative Economics: Mathematical Economics | 3 (3-0-6) |
EE422 | Mathematical Economics 2 Category: Elective Course for Major Area Study (400-level or above) Prerequisite(s): EE421 and having completed or currently taking EE312 Course Description: Applying mathematical tools such as integral calculus, differential equations, difference equations, phase diagram, and dynamic optimization such as optimal control theory and dynamic programming to explain dynamic economic phenomena as well as to locate the time and stability of variables in the context of both Microeconomics and Macroeconomics. The study of dynamic input-output models is also covered. |