Final_book Economics2022

Student Handbook

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DepartmentKofaEsceotnsoamrticUs,nFiavceurltsyitoyf Economics,

BACHE(ELnOgRlisOh FPrEoCgrOamN)OMICS

Department ofKEacsoentsoamrticUsnFivaecruslittyy of Economics

Welcome Letters

Message from Assoc. Prof. Somskaow Bejranonda, Ph.D.
Head of the Department of Economics

On behalf of the Department of Economics, all faculty members and staff,
I sincerely welcome new students to our BEcon Program and be a part of this small
community which has been established for over 80 years as the founding faculty of
Kasetsart University. As a leading institution, one of our missions is to provide high
quality education comparable with the international standards. We aim at preparing
our students to be professional economists with sufficient knowledge
and skills as well as equipping them with high ethical and social responsibility.

However, students’ success will not happen by chance, instead it depends on
their determination, dedication, and efforts. I hope that our new students can
meet all of the program requirements and succeed well in their studies.
Our department can ensure that we will do the best to assist our students to
achieve their goals. Lastly, let me, once again, congratulate all new students on
their successful first step as a university student. May I wish them all a further
success here.

Warm regards,

Somskaow Bejranonda
Head of the Department

Message from Assoc. Prof. Siwapong Dheera-aumpon, Ph.D.
Director of the Bachelor of Economics (English Program)

I would like to take this opportunity to congratulate and welcome all new
students to the Bachelor of Economics (English Program) at Kasetsart University.
This year is the tenth year of the BEcon program. All through the past years, the
program has kept and continued our goal of providing students with training most
suitable for the changing economic and business climate and the growing global
competition. With a focus on ensuring students’ future success, the program
prepares students to meet the international academic standard. During your time
at Kasetsart University, I wish that you take opportunities to develop yourself
and realize how to navigate your future path. I and all Program’s staff will do
all we can to support our students without compromising Kasetsart University’s
standards. I hope that all of you will become the BEcon graduates of whom I am
proud in the next four years.

Sincerely,

Siwapong Dheera-aumpon
Director of the Program

Table of Contents 1

History of Faculty of Economics at Kasetsart University 2

About the Department of Economics, Faculty of Economics, 3
Kasetsart University
3
Background of BEcon
4
BEcon Objectives
5
BEcon Committee 5
8
Faculty Members 11
Faculty Members
Active Retired Members 12
12
Tuition and Fees 12
12
Program Requirements 16
The Number of Credits
Curriculum Structure 19
Courses
35
Study Plan 35
35
Course Descriptions 36

Student Services 39
Computer Services
Library Services 41
General Information from the ECIA

University Map

Appendix

Bachelor of Economics (English Program)
Kasetsart University

History of Faculty of Economics
at Kasetsart University

Faculty of Economics is one of the first four faculties of
Kasetsart University established under the Royal Act, on
the 2nd of February 1943.

1941 In 1941, Cooperative Department was developed in
Kasetsart College.

1943 In 1943, it became one of four units in “Faculty of
1956 Cooperatives”, which was one of the first four faculties
1966 of Kasetsart University.
1969
In 1956, Faculty of Cooperatives was renamed “Faculty
of Cooperative Economics”, offered the first Master
Degree Program in Agricultural Economics.

In 1966, the name was changed again to “Faculty of
Economics and Business Administration” to embrace
both disciplines.

In 1969, all units changed their status becoming
“Departments” for better administration.

1992 In 1992, Faculty of Economics and Business
Administration was divided into two faculties: Faculty
of Business Administration and Faculty of Economics.

Presently Faculty of Economics consists of 7 operating units: Department
of Economics, Department of Agricultural and Resource Economics,
Department of Cooperatives, Office of Administration, Graduate Study
Center, Center for Applied Economics Research, Cooperative Academic
Institute, and Bidyalankarana Library.

1

Bachelor of Economics (English Program)
Kasetsart University

About the Department of
Economics Faculty of Economics,
Kasetsart University

The mission of Department of Economics is to produce economic graduates who
believe in social values and ethical conduct, who are equipped with theoretical
knowledge, yet practical enough to meet with the public and private demands
for high quality work.

The graduates are trained to blend their theoretical and practical knowledge
to tackle real life economic problems and to contribute to the progress of their
organization and the society.

The department offers four degrees, one in undergraduate level, two in master
level and one in doctorate level.

The undergraduate degree in Economics - Bachelor of Economics or B.Econ.
- comprises of 8 fields: 1) Economics of Development and Planning,
2) Business Economics, 3) Human Resources and Industrial Economic, 4)
International Economics, 5) Monetary Economics and Public Finance, 6) Natural
Resources and Environmental Economics, 7) Quantitative Economics, and 8)
Economic Theory. The Thai Regular program offers all 8 fields whereas the Thai
Special program and the English program offer 4 fields, namely, Economics of
Development and Planning, Business Economics, International Economics and
Monetary Economics and Public Finance.

The two master degrees are Master of Economics in Economics (M.Econ.
(Economics)) and Master of Economics in Business Economics (M.Econ.
(Business Economics)). The Master of Economics is offered both as a regular
daytime program and special evening program while the Master of Economics
in Business Economics is offered only as a special evening program. The master
programs intend to strengthen students’ practical capabilities and prepare them
for knowledge - based society and global competition.

The department has initiated the Doctor of Philosophy Program in Economics in
2009 to develop productive capacity of human resources to support the country’s
development path.

2

Bachelor of Economics (English Program)
Kasetsart University

Background of BEcon

The undergraduate program in Economics at the Department of Economics
offers an in-depth training in theories, principles, thoughts and applications
of economics on economic and social issues. The program covers a wide range
of economic fields/ subjects including economic development and planning,
transportation, international trade and finance, fiscal and monetary policies,
labor, industrial organization, natural resources and environment, quantitative
economics and business economics. The program meets the international
standard of excellences in economic training. The department of economics
commits to providing excellent training for future workforce who is competitive
in the job market as well as in academic world.

BEcon Objectives

Objectives of Bachelor of Economics Program are:

1. To create moral, social, and ethical persons.
2. To create talented individuals with sound analytical and reasoning skills

and the ability to use them to think critically, solve problems, analyze
logically and quantitatively, and respond effectively to change.
3. To create persons with ability to effectively apply knowledge acquired
during their study to analyze and evaluate a wide range of social and
economic issues.
4. To create self - responsible persons with ability to think logically, critically,
and creatively as well as with capability to work in teams.
5. To create persons with competency in IT, mathematics and statistics in
computing and interpreting data and conducting economic analysis.

3

BEcon Committee

Program Director
Assoc. Prof. Siwapong Dheera - aumpon, Ph.D.

[email protected]

Committee Members Committee Members
Asst. Prof. Thana Sompornserm, Ph.D. Assoc. Prof. Wuthiya Saraithong, Ph.D.

[email protected] [email protected]

Committee Members Committee Members
Assoc. Prof. Kanokwan Chancharoenchai, Ph.D. Asst. Prof. Puttiphat Thaweevachiraphat, Ph.D.

[email protected] [email protected]

Committee Members Committee Members and Secretary
Navarat Temsumrit, Ph.D. Nattnicha Chairassamee, Ph.D.
[email protected]
[email protected]
4

Faculty Members

Faculty Members

Arunee PAusnsyoacs.aPvraotfs.ut, Ph.D. Attasuda ALsesrts.kPurlolafw. at, Ph.D. AAusnskoucn.gPrLoifm.

Bundit ChAasisvoicch.aPyraocfh. at, Ph.D. Chayun PAipssotb.lPabroafn.un, Ph.D. ChittawaAnsCsth.aPnraogf.ul, Ph.D.

DusaneeAsKseosca.vParyouft.h, Ph.D. HongsPihlp.DS. riket, Kanokwan CAhssaoncc.hParrooef.nchai, Ph.D.

Mana LuksaAmssete.-Parroufn.othai, Ph.D. Nattnicha PChh.Dai.rassamee, NavaratPThe.Dm. sumrit,

5

Faculty Members

Piyaphan CAhsasnt.gPwraotfc.hai, Ph.D. Non VAosrslatp. aPnroitf,.Ph.D. ThaAwseset.vPacrohfi.raPpuhtatitp,hPaht.D.

ThaAmssmoac-.aPpriorof.aRme,wPaht.D. RosaAdsastV. ePsrdoaf.punt BudAssasyt.aPplraokfo. rSna,kPshit.D.

Asst. Prof. SPanhh.Da. Hemvanich, Sasipen PBhh.uDv.apanich, AKsosoojca.roPernopf.raSsaiut,wPahlu.Dck.

DAhsseoerca.-Paruomf.pSoinw,aPpho.nDg. Asst. Prof. SoPmhm.Da.i Udomwitid, AssBoecjr.aPnroonf.dSa,oPmhs.kDa.ow

6

Faculty Members

SumaleeAPssutm. Pprionfy.o, Ph.D. HarAnspshoact.taPnraonf.uSsourpna,nPehe.D. TeerasakASsaspt.wParroofb.ol, Ph.D.

Thana SoAmsspto.rPnrsoefr.m, Ph.D. ThanaraAksLsta.oPsruotfh.i, Ph.D. Thanasin TanAosmstp.oPnrgopf.handh, Ph.D.

ThitimaAsPsuotcti.taPnruonf., Ph.D. WitsanAusAstotacv.aPnriocfh., Ph.D. AJosnsgoacd. sParyoaf.kWul,oPrahd.eDe.

TAososmt. mProonf.gWkool,raPwha.Dn. WuthiyaAsSsaorca.itPhroonfg. , Ph.D. Yuvaluck PShe.tDb.oonsrung,

7

Active Retired Members

ChirAapshsoanc.KPurloafd. ilok SumaleeASsasnotcip. oPlrloavf.ut, Ph.D.

8

Bachelor of Economics (English Program)
Kasetsart University

List of Departmental Members

Arunee Punyasavatsut, Ph.D. (Economics),
Assoc. Prof. Thammasat University, Thailand
Attasuda Lerskullawat, Ph.D. (Economics), University of
Asst. Prof. Birmingham, U.K.
Aunkung Lim, M.A. (Economics),
Assoc. Prof. Thammasat University, Thailand
Bundit Chaivichayachat, Ph.D. (Economics),
Assoc. Prof. Chulalongkorn University, Thailand
Chayun Pipoblabanun, Ph.D. (Economics),
Asst. Prof. Oregon State University, U.S.A.
Chittawan Chanagul, Ph.D. (Economics),
Asst. Prof. University of Vienna, Austria
Dusanee Kesavayuth, Ph.D. (Economics),
Assoc. Prof. University of Essex, U.K.
Hongsilp Sriket Ph.D. (Economics),
University of Essex, U.K.
Kanokwan Chancharoenchai, Ph.D. (International Economics and Economics of
Assoc. Prof. Development), Southern Illinois University
at Carbondale, U.S.A.
Mana Luksamee - arunothai, Ph.D. (Economic Development and
Asst. Prof. Policies), Kobe University, Japan
Nattanicha Chairassamee Ph.D. (Agricultural, Environmental and Regional Economics),
Ohio State University, U.S.A.
Navarat Temsumrit Ph.D. (Economics and Finance),
University of St. Gallen, Switzerland
Non Vorrapanit, Ph.D. (Population Education), Mahidol University,
Asst. Prof. Thailand
Piyaphan Changwatchai, Ph.D. (Economics), University of Utah, U.S.A.
Asst. Prof.
Puttiphat Thaweevachiraphat, Ph.D. (Agricultural Economics),
Asst. Prof. Kasetsart University, Thailand
Rewat Thamma - apiroam, Ph.D. (Economics), State University
Assoc. Prof. of New York Binghamton, U.S.A.
Rosada Vesdapunt, M.S. (Economics), Kasetsart University, Thailand
Asst. Prof.

9

Bachelor of Economics (English Program)
Kasetsart University

Saksit Budsayaplakorn, Asst. Prof. Ph.D. (Economics), Southern Illinois University
at Carbondale, U.S.A.
Sanha Hemvanich, Asst. Prof. Ph.D. (Economics), University of Warwick, U.K.
Sasipen Bhuvapanich Ph.D. (International Development),
Nagoya University, Japan
Sauwaluck Koojaroenprasit, Assoc. Prof. Ph.D. (Economics), Oregon State University, U.S.A.
Siwapong Dheera - aumpon, Assoc. Prof. Ph.D. (Economics), Ohio State University, U.S.A.
Sommai Udomwitid, Asst. Prof. Ph.D. (Agricultural Economics), Kasetsart University,
Thailand
Somskaow Bejranonda, Assoc. Prof. Ph.D. (Agricultural Economics), Ohio State University,
U.S.A.
Sumalee Pumpinyo, Asst. Prof. Ph.D. (Urban Environmental Management),
Asian Institute of Technology, Thailand
Supanee Harnphattananusorn, Assoc. Prof. Ph.D. (Economics), Thammasat University, Thailand
Teerasak Sapwarobol, Asst. Prof. Ph.D. (Economics), Claremont Graduate University,
U.S.A.
Thana Sompornserm, Asst. Prof. Ph.D. (Economics), Claremont Graduate University,
U.S.A.
Thanarak Laosuthi, Asst. Prof. Ph.D. (Economics), University of Kentucky, U.S.A.
Thanasin Tanompongphandh, Asst. Prof. Ph.D. (Applied Economics and Management),
Cornell University, U.S.A.
Thitima Puttitanun, Assoc. Prof. Ph.D. (Economics), University of Colorado at Boulder,
U.S.A.
Witsanu Attavanich, Assoc. Prof. Ph.D. (Agricultural Economics), Texas A&M University,
U.S.A.
Woradee Jongadsayakul, Assoc. Prof. Ph.D. (Economics), University of Colorado, U.S.A.
Worawan Toommongkol, Asst. Prof. Ph.D. (Agricultural, Environmental and Regional Economics),
Pennsylvania State University, U.S.A.
Wuthiya Saraithong, Assoc. Prof. Ph.D. (Economics), University of London, U.K.
Yuvaluck Setboonsrung Ph.D. (Economics), Clemson University, U.S.A.

10

Bachelor of Economics (English Program)
Kasetsart University

Tuition and Fees

Regular Semester (Baht per Semester)

Tuition 35,000

University Fee 4,700

Program and Faculty Fees 18,000

----------------------------------------------------------------------

Total 57,700*

* Upon entering, students must also pay the new student registration fee and damage
deposit, both are one - time payments, in total of 6,500 Baht. The damage deposit of
1,000 Baht will be returned to students upon graduation.

Summer Semester (Baht per Semester)

Tuition 18,000

University Fee 1,000

----------------------------------------------------------------------

Total 19,000

Additional details on tuition and fees are included in the Appendix.

11

Bachelor of Economics (English Program)
Kasetsart University

Program Requirements

The Number of Credits
In order to graduate from the Bachelor of Economics Program in Economics,
students are required to complete at least 130 credits.

Curriculum Structure

(1) General Education at least 30 credits
In five themes:
6 credits
Wellness 3 credits
Entrepreneurship 13 credits
Language and Communication 5 credits
3 credits
Thai Citizen and Global Citizen 94 credits
61 credits
Aesthetics 33 credits
6 credits
(2) Department Requirement at least

Core courses

Electives courses at least
(3) Free Electives at least

Courses

(1) General Education at least 30 credits

1.1 Wellness Theme 6 credits

01175xxx Physical Education Activities 3 credits

And students are required to enroll in additional 3 credits of Wellness

courses from the General Education field.
1.2 Entrepreneurship Theme 3 credits
Students are required to enroll in 3 credits of the Entrepreneurship

courses from the General Education field. 13 credits
1.3 Language and Communication Theme 3 credits
Thai Language

Students are required to enroll in 3 credits of Thai language course
from the Language field.
Information/Computer 1 credit
Students are required to enroll in 1 credit of information/Computer

course from the General Education field.

English Language electives at least 9 credits

Students are required to enroll in at least 9 credits of English

Language courses from the English Language field.

12

Bachelor of Economics (English Program)
Kasetsart University

1.4 Thai Citizen and Global Citizen Theme 5 credits
01999111 Knowledge of the land 2 credits

And students are required to enroll in additional 3 credits of Thai
Citizen and Global Citizen courses from the General Education field.
1.5 Aesthetics Theme 3 credits
Students are required to enroll in 3 credits of Aesthetics courses from
the General Education field.

(2) Department Requirement at least 94 credits

2.1 Core Courses 61 credits

2.1.1 Economics 58 credits

0 1101171 Mathematical Economics I 3

01101181 Microeconomics I 3

01101182 Macroeconomics I 3

01101231 Labour and Industrial Economics 3

01101271 Mathematical Economics II 3

01101272 Economic Statistics I 3

01101273 Introduction to Computational Economics 1

01101281 Microeconomics II 4

01101282 Macroeconomics II 4

01101283 Economic Thinking 2

01101284 Economics of Natural Resources and 3

Public Policy

01101312 Thai Economy 3

01101371 Economic Statistics II 3

01101372 Econometrics I 4

01101375 Operations Research for Economic Applications 3

01101381 History of Economic Thought 3

01101384 Economics of Money and Banking 3

01101385 Economic Development and International Trade 3

01101491 Research Methods in Economics 3

01101497 Seminar 1

2.1.2 Non-Economics core courses 3 credits

01130101 General Accounting 3

2.2 Elective Courses 33 credits

2.2.1 Economics electives 27 credits

2.2.1.1) Students choose economics electives courses at least

27 credits from these following courses.

13

Bachelor of Economics (English Program)
Kasetsart University

01101221 Managerial Economics 3
01101314
01101316 Economic Development 3
01101321
01101331 Urban Economics 3
01101332
01101333 Financial Business Economics 3
01101334
01101335 Economics of Industrial Organization 3
01101352
01101361 Economics of Human Resources 3
01101362
01101363 Logistic Management Economics 3

Intermediate Transportation Economics 3
01101373
01101374 Labour Market Analysis 3
01101382
01101383 Household Financial Economics 3
01101395
01101396 Natural Resource Economics 3
01101411
01101412 Environmental Economics 3
01101413
01101414 Economic Development and Natural 3
01101415
01101416 Resources Utilization
01101417
01101421 Mathematical Economics III 3
01101422
01101423 Economic Data Analysis 3
01101424
01101425 Microeconomics III 3
01101426
01101431 Macroeconomics III 3
01101432
Study Abroad 1-6
01101433
01101435 Body of Knowledge from Oversea University 1-15

Economic Planning 3

Regional Economics 3

Project Preparation and Evaluation 3

Economic Administration 3

Economic Development of ASEAN Countries 3

Economics of Poverty and Inequality 3

Comparative Economic Development 3

Business Economic Forecasting 3

Economics of Financial Risk Management 3

Marketing Business Economics 3

Business Economics of Strategy 3

Business Economic Ethics 3

Real Estate Business Economics 3

Economics of Industrialization 3

Game Theory and Its Applications in 3

Industrial Economics

Labour Economics 3

International Transportation 3

14

Bachelor of Economics (English Program)
Kasetsart University

01101437 Economics of Education 3
01101438 Health Economics 3
01101441 International Trade Policy 3
01101443 Theory of International Finance 3
01101444 International Finance Policy 3
01101445 Economics of International Investment 3
01101446 Economics of International Integration 3
01101451 Monetary Theory and Policy 3
01101452 Financial Market Theory 3
01101453 Economics of Monetary Fluctuations 3
01101454 Financial Institutions and the Economy 3
01101455 Fiscal Theory and Policy 3
01101456 Economics of Government Expenditure 3
01101457 Economics of Government Revenue 3
01101458 Wealth Theory 3
01101459 Economics of Central Banking 3
01101461 Economic Valuation Techniques of 3

Natural Resources and Environment 3
01101462 Energy Resources Economics 3
01101471 Mathematical Programming for Economic
Applications 3
01101473 Input - Output Analysis 3
01101474 Econometrics II 3
01101475 Mathematical Economics IV 3
01101476 Microeconometrics 3
01101478 Intermediate Computational Economics 3
01101481 Welfare Economics 3
01101482 Economic Growth and Stability 3
01101483 Political Economics 3
01101485 Buddhist Economics 3
01101486 Behavioural Economics 3
01101496 Selected Topics in Economics 3
01101498 Special Problems

2.2.2 Non - Economics electives 6 credits
Students choose 6 credits from one field outside of the Economics
program.

(3) Free Electives at least 6 credits

15

Bachelor of Economics (English Program)
Kasetsart University

Study Plan

1st Year, 1st Semester Credits

01101171 Mathematical Economics I 3
01101181 Microeconomics I 3

General Course: Aesthetics 3
01308101 Sustainable Nature-based Tourism

01999032 General Course: Thai Citizen and Global Citizen 3
01999111 Thai Studies 2
Knowledge of the Land

01999021 General Course: Language and Communication 3
01355xxx Thai Language for Communication 3
English Language

General Course: Wellness 1
01175xxx Physical Education Activity 21

Total

1st Year, 2nd Semester Credits

01101182 Macroeconomics I 3
01101272 Economic Statistics I 3

General Course: Entrepreneurship 3
01200101 Innovative Thinking

01418101 General Course: Language and Communication 1
01355xxx Computer Applications 3
English Language

01387101 General Course: Wellness 3
01175xxx The Art of Living with Others 1
Physical Education Activity

Free Elective Course: 3
01390101 Personality Development for Careers 20

Total

16

Bachelor of Economics (English Program)
Kasetsart University

2nd Year, 1st Semester Credits

01101271 Mathematical Economics II 3
01101281 Microeconomics II 4
01101283 Economic Thinking 2
01130101 General Accounting 3

01355xxx General Course: Language and Communication 3
English Language

01175xxx General Course: Wellness 1
Physical Education Activity 16

Total

2nd Year, 2nd Semester Credits

01101273 Introduction to Computational Economics 1
01101282 Macroeconomics II 4
01101284 Economics of Natural Resources and Public Policy 3
01101371 Economics Statistics II 3

General Course: Language and Communication 3
01355xxx English Language 14

Total

3rd Year, 1st Semester Credits

01101372 Econometrics I 4
01101381 History of Economic Thought 3
01101384 Economics of Money and Banking 3
01101385 Economic Development and International Trade 3

01101xxx Economics Elective Courses 3
01101xxx Economics Elective Course 3
Economics Elective Course
19
Total

17

Bachelor of Economics (English Program)
Kasetsart University

3rd Year, 2nd Semester Credits

01101231 Labour and Industrial Economics 3
01101312 Thai Economy 3
01101375 Operations Research for Economic Applications 3
01101491 Research Methods in Economics 3

01101xxx Economics Elective Courses 3
01101xxx Economics Elective Course 3
Economics Elective Course

01xxxxxx Non-Elective Course 3
or Non-Elective Course:
Free Elective Course 3
01xxxxxx Free Elective Course: 21

Total

4th Year, 1st Semester Credits
01101497 Seminar 1

01101xxx Economics Elective Course 3
01101xxx Economics Elective Course 3
01101xxx Economics Elective Course 3

01xxxxxx Non-Elective Course 3
or Non-Elective Course:
Free Elective Course 3
01xxxxxx Free Elective Course: Total 13/16

4th Year, 2nd Semester Credits
3
01101xxx Economics Elective Course 3
01101xxx Economics Elective Course 3
01101xxx Economics Elective Course

01xxxxxx Non-Elective Course 3
or Non-Elective Course:
Free Elective Course 3
01xxxxxx Free Elective Course: Total 12/15

18

Bachelor of Economics (English Program)
Kasetsart University

Course Descriptions

Courses of Economics

01101171 Mathematical Economics I 3

Methods and principles of mathematics for economists. Functions,
graphs, equations, system of equations, matrices, limits and continuity, of
function derivatives and antiderivatives, integrations.

01101181 Microeconomics I 3

Meaning, nature and methods of economic study. Economic problems.
Functioning of the economy. Demand, supply, price, elasticity of
demand and supply, application of demand and supply. Consumer
behavior and utility. Production and cost, short-run cost and long-run
cost, production in the long-run and the very long-run concerning progress
and pollution. Price determination in different types of market, application of
price theory. Income distribution, determination of wage, interest, and
return on investment; poverty and inequality.

01101182 Macroeconomics I 3

National income account. Determination of national income. Business
cycle and national income fluctuations. Theories and measures of
fiscal policies. Money and banking, monetary and income analysis.
International trade and finance. Unemployment, inflation, economic
growth and development. Comparative economic systems.

01101221 Managerial Economics 3
Pre: 01101181 and 01101182

Application of economic theories and quantitative tools to firm’s
decision process. Analyses of demand, cost, profit, pricing, and investment
criteria. Analyses of aggregate demand, aggregate supply, economic
stabilization, and economic policies for business decision making.
Application of international economics for management.

01101231 Labour and Industrial Economics 3
Pre: 01101182 and 01101281

Structure of industrial economy. Role and importance of industrial
development. Industrial organization. Relationships among structure,
conduct, and performance, with the interaction from basic conditions
and government policies. Role and importance of transportation
industry. Categories and components of labour. Supply and demand for
labour. Labour mar ket and role of labour in industrial economy.

19

Bachelor of Economics (English Program)
Kasetsart University

01101271 Mathematical Economics II 3

Pre: 01101171, 01101181 and 01101182

The use of mathematical techniques as a tool to explain microeconomic
and macroeconomic concepts by applying calculus and matrix algebra
to economic problems, both static and comparative static. The use of
simple mathematical models.

01101272 Economic Statistics I 3

Methods and principles of statistics for economists, comprised of
descriptive statistics, graphical and tabular presentations, measures of
central tendency, measures of variation, probability theory, probability
distributions, random sampling, distributions sampling, and index
number, with emphasis on economic applications.

01101273 Introduction to Computational Economics 3

Pre: 01101171, 01101181, 01101182 and 01101272

Basics of language programming to analyze, visualize and solve
numerically different types of economic problems including static
equilibrium problem, comparative static equilibrium problem, and
economic problems relevant to empirical evidence.

01101281 Microeconomics II 4

Pre: 01101181

Microeconomic principles concerning economic functioning of
free-trade economic system in dealing with basic economic problems.
Demand, supply, market equilibrium. Theories of consumer, production
and cost. The analysis of government policies under perfectly competitive
market. Principles of price and quantity determination of goods and
services in different types of market. Determination of factor prices.
Principles of resource allocation. Market failure.

01101282 Macroeconomics II 4

Pre: 01101182

National income account. The measurement of macroeconomic
variables. Determination of equilibrium national income in closed and
open economy. Multiplier. Equilibrium in the goods market, financial
market and aggregate demand curve. Equilibrium in the labor market
and aggregate supply curve. Analysis of the relationship among the
goods market , the financial market the labor market and general
equilibrium in the economy. The relationship between unemployment
and inflation. Growth theories. Expectation. The open economy.
Monetary and fiscal policies.

20

Bachelor of Economics (English Program)
Kasetsart University

01101283 Economic Thinking 2

Pre: 01101181 and 01101182

Thinking and applications of microeconomic and macroeconomic
theories. Discourse and discussion on various issues. Applications
of economic principles and theories to various issues including
sustainable development, economic crisis, poverty, inequality,
international trade and investment.

01101284 Economics of Natural Resources and Public Policy 3

Pre: 01101281

Causes and consequences of market failures. Problems of natural
resource and environmental management. Role and necessity of
government in market economy. Fundamental principles of economics
regarding government environmental policies including taxation and
tax structure. Applications of taxation policies as remedy to market
inefficiencies and environmental problems.

01101312 Thai Economy 3
Pre: 01101281 and 01101282
Basic structure of Thai Economy and its current performance.

01101314 Economic Development 3
01101316
Pre: 01101385

General theory of development and underdevelopment. Economic
growth models. Agricultural and economic development. Industrial
development. Human resource development. Saving - investment and
economic development. Monetary and fiscal policies for developing
countries. Role of foreign trade on economic development. Foreign aid
and investment.

Urban Economics 3

Pre: 01101281 and 01101282

Urban development, urban spatial structure and choosing the
location of households and firms. Using the tools of economics to
analyze urban issues, environment, local government finance, and
remedial policies to solve these issues. Roles of community and
government in urban development. Field trip required.

01101321 Financial Business Economics 3

Pre: 01101384

Business finance and its role in the economy, the impact of
monetary policies on business, financial statements, cost of capital and
structure of the capital the short-term and long-term financing.

21

Bachelor of Economics (English Program)
Kasetsart University

01101331 Economics of Industrial Organization 3

Pre: 01101231

Economic principles applied in industrial organization. Relation
among market structure, conduct and performance. Firm behavior and
performance. Game theory, advertising, research and development,
market barrier to entry, integration and merger of firms, pricing
strategies, market strategies, role of information, and government
intervention.

01101332 Economics of Human Resources 3

Pre: 01101231

Theories and concepts in economics of human resources.
Investment in human resources. Education. Training. Migration and
health. Government policies on human resource. Manpower planning
and human resource management. Human resources and globalization.

01101333 Logistic Management Economics 3

Pre: 01101231

Principles of traffic control and their application in commerce
and industry. Managing transportation business and physical
distribution of raw materials and finished goods. Location theory.
Warehouse management and inventory control. Field trip required.

01101334 Intermediate Transportation Economics 3

Pre: 01101231

Transportation demand and supply estimation. Transportation cost and
its determinants. Transportation rate and pricing. Location Economics.
General transportation planning processes. Transportation system analysis
and evaluation of urban transportation.

01101335 Labour Market Analysis 3

Pre: 01101231

Overview of labour market analysis. Critical issue of labour
market. Factors affecting the labour market. Determination of wage
and employment. Analysis of unemployment problems. Relation
between wage and unemployment. Information system of labour market.
Roles of government and unions in labour market. Policies to solve
unemployment problems. Analysis of international labour migration.

22

Bachelor of Economics (English Program)
Kasetsart University

01101352 Household Financial Economics 3

Pre: 01101181 and 01101182

Household financial management. Household income and
expenditure management. Saving plan management. Household
investment management. Tax management. Insurance management.
Retirement financial planning. Household inheritance management.
Household financial planning and management.

01101361 Natural Resource Economics 3

Pre: 01101284

Natural resources as production factors and consumption goods;
resource depletion and scarcity; conservation and sustainable
resource uses; principles, guidelines and economic tools for natural
resource management in both market and non-market system. Field trip
required.

01101362 Environmental Economics 3

Pre: 01101284

Welfare economics; market and market failures; externalities
and public goods; carrying capacity of natural resources and
the environment; the problem of natural resources depletion and
pollutions; effects of pollutions on quality of life; principles, guidelines and
economic tools in solving environmental problems. Field trip required.

01101363 Economic Development and Natural Resources Utilization 3

Pre: 01101284

Concepts and theory of economic development; natural resources
and the environment as factors of production and waste assimilating
sources: the material balance model principle and toxic wastes
discharged into the atmosphere; resources depletion; cause of
pollutions; status of Thailand’s and the world’s vital natural resources
and the environment; impacts of natural resources and the environment
deterioration; guidelines for natural resources development and
corrective measures to cope with natural resources and the environment
deteriorations. Field trip required.

01101371 Economic Statistics II 3

Pre : 01101181, 01101182 and 01101272

An introduction to statistics as a tool to analyze economics
data through interval estimation, hypothesis testing, statistical
inference about means and proportions of two economics populations,
inferences about economics population variances, tests of goodness of
fit and independence, analysis of variance and experimental design in
economics, nonparametric methods for economics, statistical methods
for quality control in economics, and sample survey in economics.

23

Bachelor of Economics (English Program)
Kasetsart University

01101372 Econometrics I 4

Pre: 01101371

Relationships between economic variables. Properties of estimators.
Simple and multiple regression theories and its application.
Diagnostic testing for regression. Definition and detection of
multicollinearlity, autocorrelation and heteroscedasticity. Selection of
functional form. Regression modeling with dummy variables.
Estimation with simultaneous equation system. Cointegration.

01101373 Mathematical Economics III 3

Pre: 01101271

Integral calculus, differential equations, and difference equations
in economic dynamics. Linear programming and its applications in
economics.

01101374 Economic Data Analysis 3

Pre: 01101371

Economic data handling including data sourcing, data cleaning
and data summarizing. Analysis of different types of economic data
including cross-sectional data, time series data and panel data.
Economic data visualization and presentation.

01101375 Operations Research for Economic Applications 3

Pre: 01101271, 01101281 and 01101282

Analysis of economic problems by using mathematical methods, linear
programming, and queuing methods. Decision under uncertainty.

01101381 History of Economic Thought 3

Pre: 01101282

History of the evolution of economic thoughts since the time of Bible,
Greek, Roman, and Medieval up to Mercantilism, Physjiocrats, Classical
School, Socialism, Keynes, Neoclassical, and Contemporary Schools.

01101382 Microeconomics III 3

Pre: 01101281

Mathematical analysis of consumer behavior theory, production and
cost theory, market price determination theory, general equilibrium theory,
welfare economics and economic model.

24

Bachelor of Economics (English Program)
Kasetsart University

01101383 Macroeconomics III 3

Pre: 01101282

Mathematical analysis in determining national income, equilibrium
in demand, and supply side of the economy, static equilibrium model,
wage determination and unemployment, monetary and fiscal policies,
international revenue policies and balance of payments, inflation,
relationship between wage, price, and output and economic growth.

01101384 Economics of Money and Banking 3

Pre: 01101182

Money. Monetary system. Financial market. Financial market
instruments. Financial institutions. Fundamental of monetary theory
and policy. International financial system and institution in the context
of global market.

01101385 Economic Development and International Trade 3

Pre: 01101281 and 01101282

Meaning and importance of economic development. Features of
developing economies. Economic factors and other factors that
influence economic development. Obstacles to economic development.
Case study of economic development and planning in Thailand.
Theories of international trade and applications to describe real world
international trade conditions. International movements of factors of
production. The effect of international trade on domestic economy. Trade
policies and economic integration.

01101395 Study Abroad 1-6

Learning and personal development from course registered at
oversea university. Credit equivalence according to Kasetsart University
regulations.

01101396 Body of Knowledge from Oversea University 1-15

Knowledge in economics at the bachelor’s degree level from
course registered at oversea university. Credit equivalence according to
Kasetsart University regulations.

01101411 Economic Planning 3

Pre: 01101385

Role, rationale and types of economic planning. Planning process.
Uses of mathematical and statistical models in economic planning. Macro
and sectoral planning models. Community planning. Economic planning
of Thailand.

25

Bachelor of Economics (English Program)
Kasetsart University

01101412 Regional Economics 3

Pre: 01101281 and 01101282

Hierarchy of regional economic activities between regions.
Theories explaining regional disparity. Various techniques for
analyzing interregional economic relationship. Location theory. Theories
on regional mobilization. Analysis of factor of production and output.
Measures to solve region disparity. Field trip required

01101413 Project Preparation and Evaluation 3

Pre: 01101385

Project preparation with emphasis on economic and social aspects.
Economic and financial analysis of project. Identification and analysis
of project benefits and costs. Project implementation. Project selection
criteria.

01101414 Economic Administration 3

Pre: 01101281 and 01101282

Concept and principle government’s economic administration.
Economic and social development plan. Structuring of the economic
development organizations, the impact of monetary and fiscal policy, and
politics on the country’s economic administration.

01101415 Economic Development of ASEAN Countries 3

Pre: 01101281 and 01101282

Characteristics and economic structure. Economic development.
Obstacles, planning and policies in stimulating economic development
of ASEAN countries

01101416 Economics of Poverty and Inequality 3

Pre: 01101182

Definition and characteristics of poverty and inequality. Their causes
and resulting problems. Measurement of poverty. Policies and measures
to overcome such problems with emphasis on the case of Thailand. Field
trip required.

01101417 Comparative Economic Development 3

Pre: 01101181 and 01101182

Comparison of economic systems such as capitalism socialism
and other economic systems. Institutional economics, economic values
and objectives of each system. Comparison of the evolution of economic
development, economic structure, social structure and political structure
of countries and economic groups such as ASEAN and European Union.

26

Bachelor of Economics (English Program)
Kasetsart University

01101421 Business Economic Forecasting 3

Pre: 01101371

Basic business economic forecasting, model selection for
forecasting, forecasting with multiple regression, time - series
decomposition, choosing forecasting techniques.

01101422 Economics of Financial Risk Management 3

Pre: 01101171, 01101181 and 01101182

Financial risk and its effect on business and economy. The use of
derivatives in financial risk management. Forward contracts, futures,
options, and swap. The analysis of benefits and concerns from risk
management.

01101423 Marketing Business Economics 3

Pre: 01101281

The role of marketing, marketing process, analysing the marketing
environment, consumer behavior, marketing research and information,
estimating and forecasting market demand, identifying market
segments and selecting market targets, production and costs, market
structure and designing marketing strategies, pricing, managing
marketing channels, marketing promotion and international marketing.

01101424 Business Economics of Strategy 3

Pre: 01101181 and 01101182

Economics and strategy. Business firm operation in the modern
economy. Economic concepts for strategy. Economic and public
policies affecting strategic management and business policy. Analysis
of macroeconomic environment. Industry analysis and business strategy.
Business organization analysis and strategy.

01101425 Business Economic Ethics 3

Pre: 01101181 and 01101182

The relationship between business economics and social ethics.
Developments of social ethics from personal to organization and
institutional levels. Ethics, efficiency, and the market system.
Ethical responsiveness to business and economic stakeholders
Ethical issues related to politics and socio - economics, economic
policy, environment, human rights and corporate good governance. Trend
of social ethical standard and its application for business and economic
developments.

27

Bachelor of Economics (English Program)
Kasetsart University

01101426 Real Estate Business Economics 3

Pre: 01101181 and 01101182

Demand and supply of real estate sector. Analyses of real estate
markets. Real estate development and investment. Real estate business
sector and economic system. Economic factors affecting real estate
business sector. Real estate business sector and economic and public
policies.

01101431 Economics of Industrialization 3
01101432
Pre: 01101231

Economics principles for industrialization, establishing industrial
enterprise industrial, growth and development. Factors contributing to
industrial growth and development, industrial competitive advantage
analysis, industrial promotion policy design and evaluation.

Game Theory and Its Applications in Industrial Economics 3

Pre: 01101231

Basic concepts of game theory. Static games. Solution techniques
for solving static games. Dynamic games. Repeated games. Games with
imperfect information. Game applications under oligopoly. Location
model. Entry deterrence. Principal-Agent problem. Signaling.

01101433 Labour Economics 3

Pre: 01101231

Theory of labour supply and demand. Wage determination and
employment in various labour markets. Job search theories. Wage
theories. Unemployment. Labour management. Labour organizations.
Labour relation system. Theory of conflict and conflict resolution.
Government policies related to labour. Law related to labour relation.
Field trip required.

01101435 International Transportation 3

Pre: 01101231

Role of transportation in international goods and passenger
movement. Operations of international air and ocean transportations.
Organizations and associations controlling international transportation
to raise efficiency. Problems and suggested solution. Field trip required.

28

Bachelor of Economics (English Program)
Kasetsart University

01101437 Economics of Education 3

Pre: 01101231

Theories and concepts of education economics. Education
efficiency. Roles of government and private sectors in education
management. Cost and benefit analysis of education. Public finance of
education. Education impacts on economic and social development.
Manpower planning. Education and socio-economic problems.
Education and welfare economics.

01101438 Health Economics 3

Pre: 01101231

Theories and concepts of health economics. Important aspects
of health market, market trends and future problems. Public
goods and services related to health. Demand and supply in health
markets. Failure of market system and provision of health services by
government. Cost and benefit analysis in service related to health.
Effects of health development and public health medicine on
economic and social development. Planning and allocation of public
health resources. Economic and social problems related to health and
public health medicine. Health insurance economics.

01101441 International Trade Policy 3

Pre: 01101282

Basic theory of international trade policy, both export and import.
Objectives of the policy. Tariff and non - tariff trade barriers.
The efficiency and distribution effect of export promotion, import
substitution and other measures. The methodology of measuring
effective rate of protection. Roles of the General Agreement on Tariff
and Trade (GATT) in promoting free trade. Roles of the United Nations
Conference on Trade and Development (UNCTAD) in protecting the
developing countries interest. A policy to raise the bargaining power of
exporting countries. Price and income stabilization policy.

01101443 Theory of International Finance 3

Pre: 01101282

National income accounting and the balance of payments.
Exchange rates and foreign exchange market. Models of exchange
rate determination. Relationship between exchange rate and the
balance of payments. Macroeconomics policy in open economy.
International monetary system. International financial institutions and
international aid.

29

Bachelor of Economics (English Program)
Kasetsart University

01101444 International Finance Policy 3

Pre: 01101282

Foreign debt sustainability analysis. Evolutions of international
monetary system and related policies. Economic crises and
government bailout. Capital control policies on international
movements of currency and capital, and conditional assistance policy.
Global debt, problems and solutions.

01101445 Economics of International Investment 3

Pre: 01101384

Types of international investment and theories explaining causes. The
economic effects of international investment on home and host countries.
Measures for promoting foreign investment. Multinational corporations
and government and international organization policies.

01101446 Economics of International Integration 3

Pre: 01101385

Basic theory of economic integration, stage of international
integration and theory of customs union. Welfare and dynamic effects of
the international integration. The impact on the international trade and
monetary policy. Conditions of integration success. The European Union
and ASEAN experience.

01101451 Monetary Theory and Policy 3

Pre: 01101384

Monetary theories. The impacts of monetary variables on price,
employment, income, interest and international balance of payment.
Monetary policy for economic stabilization. Internal monetary policy.

01101452 Financial Market Theory 3

Pre: 01101384

Functions and roles of financial markets in an economy.
The importance of saving and investment. Demand and supply of
financial funds. The nature of money and capital markets. The nature
and types of securities in the markets: flow - of - fund account. Theory
of interest rate and prices of securities. The investment decision rules.
The monetary and fiscal policy and financial markets. Money markets
and securities exchange in Thailand. Field trip required.

01101453 Economics of Monetary Fluctuations 3

Pre: 01101384

Monetary fluctuations and causes. Its impact on the efficiency of
resources utilization, income distribution, and economic development.
Monetary stabilization policy.

30

Bachelor of Economics (English Program)
Kasetsart University

01101454 Financial Institutions and the Economy 3

Pre: 01101384

Main characteristics of financial institutions in Thailand. Their
behavior and role in mobilizing and distributing financial fund. Impact
on monetary variables and economic development. The international
financial institutions and their role in Thailand. Field trip required.

01101455 Fiscal Theory and Policy 3

Pre: 01101284

Economics of public activities including the analysis of government
functions, expenditures, as well as alternative means of obtaining
revenue. Government policies for economic stabilization and growth.
The relationship between monetary policy and fiscal policy. Public debt
and policies for managing public debt.

01101456 Economics of Government Expenditure 3

Pre: 01101284

Government expenditure. Theories of Public goods. Goals of
Government in production and income distribution. Project appraisal
in government budgeting. Impact of government expenditure. State
enterprises. Field trip required.

01101457 Economics of Government Revenue 3

Pre: 01101284

Government revenue budget. Principles of Taxation. Tax incidence
and effect of taxation. Tax structure in Thailand and other countries.
Taxation and economic problems. Income from state enterprises.
Income from sales of assets and services. Other miscellaneous sources
of revenue. Public debt. Treasury accounts.

01101458 Wealth Theory 3

Pre: 01101384

Birth of wealth and its impact on an economy. Types of wealth:
money wealth in barter, commodity money, and fiat money economy,
nonmonetary wealth and its components. Wealth and consumer behavior.
Wealth in macroeconomic models analysis.

01101459 Economics of Central Banking 3

Pre: 01101181 and 01101182

Development and function of central banks. Development of
monetary policy and exchange rate policy. Monetary policy operations.
Financial system stability measure. Financial market development.
Financial institution development. Financial regulation and supervision of
central bank. Payment system policy and financial innovation of central
bank.

31

Bachelor of Economics (English Program)
Kasetsart University

01101461 Economic Valuation Techniques of Natural Resources and Environment 3
Pre: 01101284
Value in economic context, market failure in valuation, benefit and
cost in market and non-market economy. Principles and concepts of
resources and environmental valuations; economic concepts related to
natural resources and environmental valuation, preliminary - valuation
techniques. Application and problems of valuation techniques used in
Thailand.

01101462 Energy Resources Economics 3

Pre: 01101284

Definitions and types of energy in various forms; applications of
economic concepts to energy topics and environmental impacts due
to energy consumption and production; energy price determination
mechanism; public policies in managing energy utilization and
environmental impact mitigation. Field trip required.

01101471 Mathematical Programming for Economic Applications 3

Pre: 01101181, 01101182 and 01101271

Concepts and theories of linear and nonlinear programming for
economic applications.

01101473 Input - Output Analysis 3

Pre: 01101281, 01101282 and 01101271

Concepts and theories of input - output analysis. Its application to
economic problems.

01101474 Econometrics II 3
01101475
Pre: 01101372

Simultaneous - equations estimation, types of equation systems,
identification problems, problems of contra - assumptions, ordinary least
squares, maximum likelihood estimation, K - class estimators, and lagged
variables. Econometric forecasting.

Mathematical Economics IV 3

Pre: 01101373

Covering the concepts from Mathematical Economics which are
missing from Mathematical Economics I, II, and III, in a way which
strengthens the students’ formal reasoning and prepares them for
advanced economic theory including set, logic, proof, metric space and
consumer choices, sequences and series of economic variables, utility
function and continuity.

32

Bachelor of Economics (English Program)
Kasetsart University

01101476 Microeconometrics 3

Pre: 01101372 or 01422341

The use of Probit Model, Logit Model, Tobit Model, Multinomial
Logit Model, Ordered Probit Model, Sample selection Model and
Duration Analysis to analyze microeconomic data.

01101478 Intermediate Computational Economics 3

Pre: 01101273, 01101373 and 01101471

Language programming to visualize, analyze and numerically
solve various economic problems including solving static equilibrium
problem using root finding algorithms, solving basic problems of
economic agents using numerical optimization. Steady state and
convergence of time-varying economic variables.

01101481 Welfare Economics 3

Pre: 01101281

Concept and basic proposals for economic welfare. Theory of welfare
economics and social optimum. The application of welfare policy for
social and state enterprises.

01101482 Economic Growth and Stability 3

Pre: 01101282

Dynamic theories in economics, business cycle, and growth models.
Policy impact on economic growth acceleration and stability.

01101483 Political Economics 3

Pre: 01101181 and 01101182

Basic concepts of philosophy, politics, and society. Expansion of the
economy, steps of socio - politico - economic evolution process. Structure
of socio - politico - economic system. Patterns of society’s production.
Mechanism of economic functioning in the perspective of Marxian
economics and politics together with those of Lenin, Mao, and other great
local and foreign economists.

01101485 Buddhist Economics 3

Pre: 01101181 and 01101182

A comparative analysis of mainstream economic principles and the
concept of human behavior in Buddhism: production and consumption.
An application of Buddhist economics to development economics,
human resource economics, natural and environmental economics,
and other branches of economics. Sufficient economy. Green economy.
Alternatives in solving economic problems and crises from Buddhist
economic perspectives.

33

Bachelor of Economics (English Program)
Kasetsart University

01101486 Behavioural Economics 3

Pre: 01101281

Economic behavior of human beings based on real observed data.
Various behavioral factors including risk preferences, time preferences
and social preferences affecting individual consumption. Various
behavioral factors affecting investment decisions.

01101491 Research Methods in Economics 3

Pre: 01101281, 01101282 and 01101371

Principle and procedure of economic research. Research
methodology, problem identification, hypothesis testing, data
collecting, data processing, data analyzing, and research conclusion.
Computer usage in economic research.

01101496 Selected Topics in Economics 3

Selected topics in economics at the bachelor’s degree level. Topics
are subject to change each semester.

01101497 Seminar 1

Presentation and discussion on interesting topics in economics at the
bachelor’s degree level.

01101498 Special Problems 3

Study and research in economics at the bachelor’s degree level and
compile into a written report.

34

Bachelor of Economics (English Program)
Kasetsart University

Student Services

Computer Services

1. The Faculty of Economics
The Faculty of Economics provides computer facilities for lab teaching information
searching and report preparation. The computer center is well equipped with 48 computers with
online access to worldwide communications. Printing services are also available at the center.

Location: Room 5519, Operation Building, Faculty of Economics, Kasetsart University

Service Hours:

During Academic Year: Monday to Friday 9:00 a.m. - 4:30 p.m.

Summer Semester: Monday to Friday 1:00 p.m. - 4:30 p.m.

2. The Office of Computer Services
The Office of Computer Services (OCS), Kasetsart University provides computer
including computer network infrastructure, computational resources, research platforms,
development and maintenance expertise, and transactional services to the executives,
personnel, researchers, and students within Kasetsart University community. Certain
services are also available to the public through the University’s IT Corporate Social
Responsibility (KU CSR - IT) program.

Location: Office of Computer Services, Kasetsart University

Service Hours:

  Office:             Monday to Friday 8:30 a.m. - 4:30 p.m.

(Closed on weekends and official holidays)

Helpdesk:       Monday to Friday 8:30 a.m. - 8:30 p.m.

                        Saturday 8:30 a.m. - 4:30 p.m.

(Closed on Sunday and official holidays)

Library Services

The Faculty of Economics and the Faculty of Business Administration provide library
services, specializing in Economics and Business materials for their students and staffs.

Location: Bidyalankarana Library, Faculty of Economics

Service Hours: Monday to Friday 8:30 a.m. - 8:00 p.m.

Saturday and Sunday 8:30 a.m. - 5:30 p.m.

National Holidays Closed

Services:
◆ In - house reading with 200 seats available
◆ Borrowing of books and other materials according to the library rules
◆ Reserved books service
◆ Information advising service Copying services

35

Bachelor of Economics (English Program)
Kasetsart University

General Information from the Faculty of Economics
Center for International Affairs-ECIA

Name of Institution Kasetsart University, Faculty of Economics
Webpages University website

Location Rankings https://www.ku.ac.th
Student Enrollments Website for incoming students

Contacts for Incoming http://ecia.eco.ku.ac.th/2019/?page_id=1383&lang=en
International Students
Bangkok, Bangkok
QS World University Ranking 801-1000
- Agriculture & Forestry: 53 / - Asian University Ranking: 138

Kasetsart University Main Campus 37,269
Faculty of Economics - Bachelor Degrees 3,887
292
Entrepreneurial Economics Bachelor Program (EEBA) 233
Economics English Programs (BEcon) 48
Faculty of Economics - Postgraduate Degrees 7
M.S. Agricultural and Resource Economics (English) 5
Ph.D. Agricultural and Resource Economics (International)

1) Non-degree and exchange students from partner universities
Nomination and application
International Affairs Division
Website: https://iad.intaff.ku.ac.th/portal/webinter/
Email: [email protected]
Course registration
Faculty of Economics Center for International Affairs (ECIA)
- Ms. Wanida Kammani, Foreign Relations Officer
Email: [email protected]
- Office of ECIA
Email: [email protected]

2) Degree and visiting students (fee-paying students)
Application
Undergraduate degree and visiting students
Kasetsart University International College (KUIC)
Website: https://sites.google.com/ku.th/isc/home
Email: [email protected]

Graduate degree students
Department of Agricultural and resource economics
Website: http://are.eco.ku.ac.th/2019/?lang=en
Course registration
Please contact the program you are applying for.

36

Bachelor of Economics (English Program)
Kasetsart University

Contact for Outgoing Nomination and application
KU Economic Students - Asst.Prof.Thanasin Tanompongphandh, PhD (Chairman)
Seeking to Study Email: [email protected]
Abroad - Ms. Wanida Kammani (Foreign Relations Officer)
Email: [email protected]
Consulting for study abroad opportunities
Kasetsart University International College (KUIC)
Prof. Matthew Downs (Senior Consultant for International Relations)
Email: [email protected]

Academic Calendar Orientation for new students
1st Semester: Early August
2nd Semester: Early January

Credit Workload per Semester period
Semester (KU Credits) 1st Semester: August to December (Exams Mid-December)
2nd Semester: January to May (Exams Mid-May)

15 to 18 credit hours (5 or 6 classes; generally 15 weeks of instruction with 3
credit hours of instruction per week, plus midterm and final exam or project)

Deadlines Note: 1 KU credit is approximately equal to 2 ECTS (European Credit Transfer
System)

Non-degree students from partner universities and visiting students
Application deadline
1st semester: 16 May
2nd semester: 17 October

Degrees in English Degree students
Offered by the Faculty Application deadline
of Economics Undergraduate degree: 30 April
Graduate degree: 31 May

Undergraduate Degree Programs
1) Entrepreneurial Economics Bachelor of Arts – International (EEBA)
Program focus is applied economics, with majors in Logistics/Supply Chain
Management; Agricultural Business & Food; Tourism & Hospitality; Financial
Economics for Entrepreneurs.

http://eeba.eco.ku.ac.th

2) Bachelor of Economics – English (BEcon)
Program focus includes International Economics; Fiscal and Monetary
Theories; Business Economics; Economic Development & Planning.

http://becon.eco.ku.ac.th/
Graduate Degree Programs
1) M.S. Applied Economics for Agriculture and Environment
2) Ph.D. Agricultural and Resource Economics
The postgraduate programs are research oriented, with an emphasis on
empirical and applied research, often with field studies in regional
agricultural economies. Focus on agricultural economic issues: international
trade, policy development, preservation of natural resources; sustainability
of environmental resources, agribusiness marketing, and micro-finance. The
program attracts many international students.

http://are.eco.ku.ac.th/2019/?lang=en

37

Bachelor of Economics (English Program)
Kasetsart University

Language of Approximately 80 different subject classes are offered by the Faculty
Instruction and of Economics in English; visiting students may separately petition for
Other International permission to take classes offered in English by other KU Faculty, such
Programs as Business Administration; Education; Humanities; Engineering; Agro
Industry - Food Science; Agriculture; Forestry; Fisheries.
Thai Language Study (Additional fees, if any - estimate 10,000 THB per class)
Tuition and Fees
Semester Thai language classes are available for visiting students (estimate
(if applicable) 3,000 THB)

Undergraduate Degree Programs
Thai students Non-Thai students
- EEBA 72,200 THB - 82,200 THB
- BEcon 64,200 THB - 82,200 THB

Graduate Degree Programs
Thai students Non-Thai students
- M.S. ARE 68,090 THB - 64,800 THB
- Ph.D. ARE 53,090 THB - 70,800 THB

Note: Tuition fee may be waived, subject to a valid partner exchange
agreement

TOTAL Costs of Living 5,000 to 25,000 THB month (estimate, depending on individual
preferences)
- Rent: 5,000 to 10,000 THB month (international dorm or nearby
private rental)
- Further costs (Food, phone, books, etc): 10,000 to 15,000 THB
month

Accommodations Housing is available on campus or in nearby private apartments
- On-campus: http://bit.ly/2GAn8TD
- Off-campus: http://bit.ly/2NOoCtk

Further Information - The KU International staff regularly plan cultural tours and activities
for Visiting or - Faculty of Economics offers a robust Buddies Program
Exchange Students - All students must wear the KU uniform – black skirt/slacks and white
blouse/shirt, hard soled black shoes, belts. Details are available on this
website. http://bit.ly/2EVEPs5

Promotional Materials Brochure: http://eeba.eco.ku.ac.th/2019/?page_id=522&lang=en
Video: https://youtu.be/sW_AufWm65A

Updated by Faculty of Economics Center for International Affairs (ECIA) in July
2022

38

39

University Map

40

University Map

Appendix

Regulations, Notices and Announcements (In Thai)

For English version, please contact the BEcon office.

41

Bachelor of Economics (English Program)
Kasetsart University

For English version, please contact the BEcon office.

42

Bachelor of Economics (English Program)
Kasetsart University

For English version, please contact the BEcon office.

43