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Course : Calculus for Social Science 1
Credits : 3
Course Code: MA216
Course level : Undergraduate
Semester: 1
Course Description :
Limits and continuity of one variable functions, derivatives of algebraic functions and transcendental functions,implicit differentiation,higher order derivatives, Rollers 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.
Course : Fundamental Accounting
Credits : 3
Course Code: AC201
Course level : Undergraduate
Semester: 1
Course Description :
The basic principles, concepts, and procedures for collecting and recording accounting information; preparation and analysis of financial reports; accounting cycle; accounting and disclosure for assets, liabilities, and owners’ equity.
Course : Data Science for Economic Analysis
Credits : 3
Course Code: EE200
Course level : Undergraduate
Semester: 1
Course Description :
Learning to work with data. Topics include (1) data sampling and cleaning (2) data storage and management (3) exploratory data analysis (4) prediction based on statistical tools such as regression, classification and clustering (5) communication of results through visualization and summary statistics. Students learn through real-world examples using programs such as advanced MS Excel, Python or R.
Prerequisite: Prerequisites: 2nd year student or above.
Course : Principles of Microeconomics
Credits : 3
Course Code: EE211
Course level : Undergraduate
Semester: 1
Course Description :
Principles of microeconomics such as value, price, resource allocation, introduction to theories of consumption and production with an emphasis on factors determining supply and demand of goods and services, determination of price and efficiency of resource allocation in perfect and monopoly markets; competitive factor market and introductory concepts of market failures.
Course : Principles of Macroeconomics
Credits : 3
Course Code: EE212
Course level : Undergraduate
Semester: 1
Course Description :
Indicators, goals, and problems in Macroeconomics. Determination of national income, theories of aggregate consumption and aggregate investment, 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 policies as means to stabilize an economy. Collecting and managing Thai macroeconomic for analyzing economic conditions are introduced.
Course : History of Thai Economy
Credits : 3
Course Code: EE301
Course level : Undergraduate
Semester: 1
Course Description :
Studying the evolution of Thailand’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.
Course : Microeconomic Theory
Credits : 4
Course Code: EE311
Course level : Undergraduate
Semester: 1
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.
Prerequisite: Prerequisite(s): EE211 (or EE213) and MA216 (or MA211)
Course : Macroeconomic Theory
Credits : 4
Course Code: EE312
Course level : Undergraduate
Semester: 1
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.
Prerequisite: Prerequisite(s): a) EE211 and EE212 or b) EE213 and EE214
Course : Introductory Mathematical Economics
Credits : 3
Course Code: EE320
Course level : Undergraduate
Semester: 1
Course Description :
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.
Prerequisite: Prerequisite(s): a) EE211, EE212 and MA216 (or MA211) or b) EE213, EE214 and MA 216 (or MA 211)