Course Description :
Money and capital markets at a micro-level; Financial assets, risks, and risk-bearing; The theory of equilibrium pricing of financial assets; Interest rate determination and structure of interest rates; Asymmetric information in financial markets; The study of financial institutions; Risk management of financial institutions; Behavior of financial institutions; Regulating financial institutions, Other contemporary issues and recent developments in financial system.

Course Description :
This course aims to provide the student with an introduction to the role of money, financial markets, financial institutions and monetary policy in the economy, thus facilitating a solid foundation for further study and enhancing professional capability in the financial services industry. It will investigate the role of money, theories regarding the supply of and demand for money and the relationship between money, credit and debt will also be emphasized. The course will then study the role of financial markets in the economy with a particular emphasis on bond markets, term structure and their implications. In addition, it will further analyze the evolving roles of central banks and their views regarding execution monetary policy, including recent and historical international policy actions. Both theoretical concept and empirical evidence, especially current economic situations will be used to examine the effects of monetary policies. In terms of theory, this course will adopt macroeconomic model to study the rationale behind monetary policy and provide a thorough understanding of transmission mechanisms and their impacts on macroeconomic variables, specifically economic growth and inflation. Besides,it will also cover the formulation of unconventional monetary policy, so called quantitative easing, when interest rates approach the zero-lower bound. Another area of study in this course is the consideration of modern monetary theories, particularly, in the context of real business cycle model and the New Keynesian model.

Course Description :
Study concepts and frameworks of behavioral economics that are used to explain observations in the financial sector. Topics of the subject include the Prospect Theory and its implications for investment behaviors, empirical evidences in the financial sector that support the idea of behavioral economics, models that incorporate psychological and sociological factors in explaining asset returns, or other related topics that the lecturer finds suitable.

Course Description :
The application of econometrics method to finance and macroeconomics data. Applications of regression models. Applications of Probit-Logit model to financial risk assessments. Characteristics and properties of time-series based financial data. Univariate Time-Series Model. Regression with the long-run relationship and short-run dynamics. Volatility Model. Training in statistical software, emphasizing the application of tools suitable for research and study in finance-related issues.

Course Description :
The course covers the role of the government in the allocation of resources for the public sector of the economy. Topics covered will include government (national and local) outlays and budgets, the provisions of public goods and the regulation of market failures. The role of the government’s budget processes in providing macroeconomic stability, growth and income redistribution. This analysis also includes fiscal decentralization (the budget allocation of local governments). The application of these tools to selected contemporary topics such as social security, cost- benefit analysis, healthcare and education financing will also be covered.

Course Description :
A study of corruption using economic analytical frameworks employing both theoretical and empirical methodologies. The topics covered include the definition and coverage of corruption, the causes of corruption, the economic consequences of corruption - both at the micro and macro levels, together with the public policies and measures used in combating corruption. In addition, the roles the private sector, civic society, and international organizations play in tackling corruption will also be discussed with reference to relative case studies.

Course Description :
Both international trade practices are covered in this subject. Relevant international trade theories will be discussed, together with the hypothesized consequence and its empirical support. Both tariff and non-tariff trade policy measures are examined. In the latter, both traditional (e.g. quota, local content requirements) and new forms (sanitary and phyto sanitary, technical requirement) of non-tariff measures are covered. Discussion in the subject also covers free trade agreements and international production sharing, both of their impacts.

Course Description :
This course provides fundamental basis for understanding international financial economics and its application to the real-world analysis. Major topics include the balance of payments and its adjustment mechanism; foreign exchange markets; exchange rate determinations, aggregate demand and aggregate supply, price levels and output and exchange rates in the short-run and the long-run; international capital flows; evolution of international monetary system; international monetary problems and financial crises encountered by developing countries, Thailand and the rest of the world. In addition, other special topics such as the roles of the central bank, current financial crises and up-to-date international macroeconomic issues will also be discussed.

Course Description :
More globalized world implies more unstable and volatile markets. As a result, the probability of experiencing fluctuation in both global trade and international financial markets gets higher. This course is aimed at broadening students’ insight of international economics through various approaches, including lecture, class discussion, term paper, and seminars with guest speakers. Particularly, practices of applying analytical frameworks to the current issues and data of both global trade and international finance would enhance students’ in-depth analytical skills towards more understanding of the global volatilities.