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.

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.

Course Description :
Apply basic concepts in econometrics, including; linear estimation methods and problems with remedial technique i.e. Multicollinearity, Heteroscedasticity, Autocorrelation,Specification error,Identification, solving endogeneity problem using Instrumental Variable (IV) technique, and Logit model. Practical applications of all topics are mainly emphasized, as well as, how to choose the appropriate tool for an empirical study and interpretation of the estimated results obtained from econometric software.

Course Description :
Economic development in the cluster of Cambodia, Laos, Myanmar, and Vietnam (CLMV) countries. The transformation of their economic structure. The roles of public and private institutions along with other economic, social, and political factors that contribute to their economic changes. The relationship between these economies and the world and Thai economies.

Course Description :
Economic development in the selected countries according to the lecturer’s announcement, possibly in Asia, Europe, Latin America, etc. The transformation of their economic structure. The roles of public and private institutions along with other economic, social, and political factors that contribute to their economic changes. The relationship between these economies and the world and Thai economies.

Course Description :
Dynamics of local development in rural and urban areas. Economic and social theories regarding communities and collective action of people in communities. Interactions between livelihoods, natural resource capital, cultural and ethnic factors, and their influences on local farm and non-farm economic activities. Responses and adaptation of local communities to development policies. Roles of actors, such as community leaders, government officers, local administrative organizations, academics, and non- governmental organizations in local development. Analysis of capacities and limitations of local communities for collaboration in the allocation of resources and conducting economic activities. Sustainable development in the context of local development. Alternative approaches for local development.

Course Description :
Basic concepts of climate change relating to environmental economics, efficiency, externalities, and policy instruments. The role of economics in the formation of climate policy. Economic problems of climate change, such as intertemporal decisions, impacts of climate change, cost of mitigation, and adaptation. Thailand and international cooperation and debate in climate policy.

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.

Course Description :
Political process as a platform used to formulate and implement economic policies will be extensively discussed. Issues cover political decision making, political institutions, Election, Electoral Rules, redistributive politics, comparative politics, dynamic politics, incentives and behaviors of various agents, i.e., voters, politicians, special interested groups in a political regime. Moreover, Institutional structure of political institutions and its implication on macroeconomic policies will be examined. All issues above have much things to do with institutional design of political structure and incentive mechanism facilitating formation and implementation of good economic policies.