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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) |
EE301 | History of Thai Economy Category: Elective Course for Major Area Study (300-level) Prerequisite(s): - Course Description: Studying the evolution of Thailands 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) |
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) |