Core Courses

Full-time Program

The program is divided into 3 terms. All students are required to take 8 basic core courses in the first two terms while the last term is designed to thesis writing or additional elective courses in order to graduate within one year. This gives a total of 36 credits in the three terms. An additional term is designed to accommodate non-thesis students who could not pass all 12 required courses in the three terms. In order to accommodate foreign visiting scholars , each term of the program is divided into 4 months, with one course offered in each month.

Part-time Program

The program is divided into six terms and covers two years. The course structure is the same as that of the full-time program , but part-time students are required to take only two courses in each term. There are also two options for part-time students – thesis option and non-thesis option.

Thesis/Comprehensive Examination

Students enrolled in MABE program could choose to do a thesis or a comprehensive exam on their third term for full-time and fourth and sixth term for part-time. For thesis writing, students need to find a certain topic of interest within the areas of Business and Managerial Economics where a professor in the field of interest would be assigned to be the advisor of the thesis.

For students who choose to do comprehensive examination, the examination would be held during May after the ending of the 11th and 12th subject. Comprehensive examination can be taken only if students pass all the 12th subjects including the individual study course with a satisfactory grade.

The examination is composed of a written examination and an oral examination. Students need to pass both examinations to be considered a graduate of the Master of Arts in Business and Managerial Economics. For those who do not pass the examination will be given a second chance for both written and oral examination. Inability to fulfill the second comprehensive examination would automatically result in the termination of the student status in this program. The comprehensive examination is given once each term.

Course Description

The MABE curriculum consists of 15 courses: 8 core courses, 6 elective courses, and 1 individual study course. The study begins with the eight core courses, which are prerequisites for the electives.
The list and description of each core course are, as follows;

2940603 : Advanced Economic Theory I (3 credits)

The theory of the consumer and producer; oligopoly; game theory; general equilibrium; uncertainly and imperfect information.

2940604 : Advanced Economic Theory II (3 credits)

Determination of aggregate demand and supply; microeconomics; foundations of macroeconomics; types of macroeconomic models; and the theories related to the major macro variables such as consumption, investment, inflation, unemployment ,business cycles and monetary and fiscal policies.

2940605 : Quantitative Methods in Economic Analysis (3 credits)

Basic data; formulation and estimation of econometric models; forecasting and simulation techniques; computer applications in these areas.

2949651 : Cost and Financial Analysis (3 credits)

Financial system of firm; managing operating funds; assessment of firm performance; projection of financial requirements; analysis of capital investment decisions; assessment of the cost of capital; analysis of financing choices of firm.

2949601 : Economics of Production and Marketing Management (3 credits)

Economic relationships between organizational production and marketing management; production theory and organizational practice in planning, administration and factory control to improve productive efficiency and quality control; theories and techniques of current marketing management

2949653 : Economics of Human Resource Management (3 credits)

Various economic theories related to investment in human capital; education, training, health care, migration, job information, and child quality, assuming heterogeneity of population; econometric method using the selection technique to correct ability or selectivity bias; macro effects of investments in human capital, particularly in various levels of education, on the urban Thai economy, the imbalances between such investments and absorptive capacity of the urban formal labor market, the imbalance between the rural and urban sectors, migration, unemployment, under-employment, the evolution and expansion of the urban informal labor market, and appropriate human resource development, and planning.

2949652 : Money and Financial Management in Economic Development (3 credits)

Analysis of the role of money and finance in economic development; theories and empirical studies of the effect of monetary policy on economic development; financial institution and money market in developing countries; the government’s role in policy making and developing money and capital markets and system for economic development.

2949656 : Economics of International Business Management (3 credits)

Scope, structure and evolution of international business; theories related to international business phenomena; problems in business activities among various economic, social and political environment; structure and factors affecting international business, e.g. monetary market, rules and regulations on trade agreements and international law, role of the government and international organizations; the control of multinational corporation; economic analysis of the multinational corporation.