Econ CMU

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Programs ::


  • Bachelor of Economics Programs
        -
    Regular Time Weekday Program     
        -
    Evening Class Program
        -
    Combined bilingual program

  • Master of Business Economics Programs
         -
    Regular Time Weekday Program
         - Evening Class Program
         - Weekend Program
         - Bilingual International Program


  • International Ph.D. Program
         - Ph.D. Program in Economics


  • Bachelor of Economics Program
          The Faculty of Economics at Chiang Mai University was o­nce the Economics Department within the Faculty of Social Sciences, under which it first offered an undergraduate economics degree program in 1964 when Chiang Mai University was established. In August 28, 1992, the Faculty of Economics was founded. Over the years, the Faculty has made great progress in curriculum development, research and community services. Currently, the Faculty of Economics offers economics degree programs at the Bachelor’s, Master’s and Doctoral levels.
    Currently, the Faculty of Economics is the o­nly educational institute in Northern Thailand that produces graduates at the Bachelor’s, Master’s and Doctoral levels to meet societal and community needs.
    Curriculum and degree requirements
    Two routes to the undergraduate economics degree program
    - regular undergraduate degree program
    - special undergraduate degree program (evenings)
    Name of the degree

    Name of the Curriculum : Bachelor of Economics Program
    Name of the Degree : Bachelor of Economics : B.Econ.
    In addition to the core requirement, elective courses in the following fields are being offered.
    1. economic theory
    2. quantitative economics
    3. international economics
    4. monetary economics and public economics
    5. natural resource economics
    6. development economics

      
    Course requirements 
    Students with secondary (12 years) education or the equivalent will be admitted to the undergraduate degree program in economics with no further major by field. At least 144 credit hours are required and can be completed in a four-year duration along o­ne of the following routes.

    - regular undergraduate degree program. Classes will be held in regular hours from Mondays to Fridays.
    - special undergraduate degree program. Classes will be held after regular hours Mondays to Saturdays

     
    Structure of the Undergraduate Program
    1.General Education
      1.1 Social Sciences
      1.2 Humanities
      1.3 Language and Communication
      1.4 Science and Mathematics
    2. Field of Specialization
      2.1 Core Courses
      2.2 Major: a minimum of
        2.2.1 Requirements:
          751101 PRINCIPLES OF ECONOMICS I
          751102 PRINCIPLES OF ECONOMICS II
          751202 HISTORY OF ECONOMIC THOUGHT
          751209 INTRODUCTION TO MATHEMATICAL ECONOMICS
          751301 MICROECONOMIC THEORY I
          751302 MICROECONOMIC THEORY II
          751303 PUBLIC FINANCE
          751304 ECONOMIC STATISTICS
          751308 MACROECONOMIC THEORY I
          751309 MACROECONOMIC THEORY II
          751401 INTERNATIONAL ECONOMICS
          751405 THEORY OF ECONOMIC DEVELOPMENT
          751408 RESEARCH METHODS IN ECONOMICS
          751409 RESEARCH EXERCISE IN CURRENT ECONOMICS ISSUES
        2.2.2 Electives: a minimum of Any courses
                 offered by Faculty of Economics
        2.2.3 Of all major courses (2.2.1 and 2.2.2) at least 36 credits
                 must be courses above the 300 level and at least 18 credits must be courses of 400 level
      2.3 Minor: a minimum of By the approval of the major advisor, a minor in any o­ne field of other subjects         may be chosen.
    3. Free Electives: a minimum of
    Total : a minimum of 144 Credits
    36 Credits
    6 Credits
    9 Credits
    12 Credits
    9 Credits
    102 Credits
    57 Credits
    30 Credits
    42 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    15 Credits

    15 Credits

    15 Credits

    6 Credits
     
    Course in Economics
    ECON100 GENERAL ECONOMICS
    ECON101 PRINCIPLES OF ECONOMICS I
    ECON102 PRINCIPLES OF ECONOMICS II
    ECON202 HISTORY OF ECONOMIC THOUGHT
    ECON209 INTRODUCTION TO MATHEMATICAL ECONOMICS ECON220 ECONOMIC HISTORY
    ECON301 MICROECONOMIC THEORY I
    ECON302 MICROECONOMIC THEORY II
    ECON303 PUBLIC FINANCE
    ECON304 ECONOMIC STATISTICS
    ECON308 MACROECONOMIC THEORY I
    ECON309 MACROECONOMIC THEORY II
    ECON321 COMMUNITY ECONOMIC DEVELOPMENT
    ECON330 MONEY AND BANKING
    ECON332 MONETARY THEORY
    ECON340 INTRODUCTION TO AGRICULTURAL ECONOMICS
    ECON342 LAND ECONOMICS
    ECON343 ECONOMIC ANALYSIS OF ENERGY AND RESOURCE MARKETS
    ECON345 TRANSPORTATION ECONOMICS
    ECON347 COOPERATIVE ECONOMICS
    ECON401 INTERNATIONAL ECONOMICS
    ECON405 THEORY OF ECONOMIC DEVELOPMENT
    ECON408 RESEARCH METHODS IN ECONOMICS
    ECON409 RESEARCH EXERCISE IN CURRENT ECONOMICS ISSUES
    ECON410 INTRODUCTION TO ECONOMETRICS
    ECON411 THE ECONOMICS OF EUROPEAN ECONOMIC INTEGRATION
    ECON413 INTRODUCTION TO INPUT-OUTPUT ANALYSIS
    ECON414 INTRODUCTION TO APPLIED ECONOMETRICS
    ECON415 EFFICIENCY AND PRODUCTIVITY MEASUREMENT OF INDUSTRIES
    ECON416 MATHEMATICAL ECONOMICS
    ECON417 MANAGERIAL ECONOMICS
    ECON418 BUSINESS CYCLE THEORY
    ECON419 ECONOMIC THEORY AND ENTREPRENEURSHIP
    ECON420 INTERNATIONAL FINANCE
    ECON421 ECONOMICS OF INVESTMENT
    ECON422 TECHNICAL ANALYSIS FOR INVESTMENT
    ECON424 ECONOMIC DEVELOPMENT OF DEVELOPING COUNTRIES
    ECON427 ECONOMIC PLANNING
    ECON428 POLITICAL ECONOMY
    ECON429 COMPARATIVE ECONOMICS SYSTEM
    ECON434 COMMERCIAL BANKING
    ECON437 TAX SYSTEM
    ECON440 LABOR ECONOMICS
    ECON442 REGIONAL ECONOMICS
    ECON443 INDUSTRIAL ECONOMICS
    ECON444 URBAN ECONOMICS
    ECON445 NATURAL RESOURCE ALLOCATION AND POLICY
    ECON446 ECONOMY OF THAILAND
    ECON447 SEMINAR IN CURRENT ECONOMIC PROBLEMS
    ECON448 SEMINAR IN GLOBAL INVESTMENT ISSUE
    ECON451 HEALTH ECONOMICS
      
      
      
      
    Master of Economics Program
        The Faculty of Economics at Chiang Mai University was o­nce the Economics Department within the Faculty of Social Sciences, under which it first offered undergraduate economics degree program in 1964 when an Chiang Mai University was established. In August 28, 1992, the Faculty of Economics was founded. Over the years, the Faculty has made peat progress in curriculum development, research and community services. Currently, the Faculty of Economics offers economics degree programs at the Bachelor’s, Master’s and Doctoral levels.
    Currently, the Faculty of Economics is the o­nly educational institute in Northern Thailand that produces graduates at the Bachelor’s, Master’s and Doctoral levels to meet societal and community’ needs.
    Curriculum and degree requirements
    Four routes to the master degree program
    • regular master degree program
    • special master degree program (weekends)
    • accelerated master degree program (one year)
    • bilingual master degree program

    Name of the degree
       Name of the Curriculum : Master of Economics Program
       Name of the Degree : Master of Economics
                                        : M.Econ.

    In addition to the core requirement, elective courses in the following fields are being offered.
    1. economic theory
    2. quantitative economics
    3. international economics
    4. monetary economics and public economics
    5. natural resource economics
    6. development economics
    Couse requirements
         Holders of an undergraduate degree from any discipline, may be admitted to the CMU master of economics degree program. To allow for diversity and cross learning, the degree program is not compartmentalized into an area of specialization. Course requirements are as follows:
         • Regular master’s degree program (with thesis requirement). Classes will be held at regular day time hours from Mondays to Fridays for two-year duration. The course requirement is at least 42 credit hours, consisting of 18 credit hours of core courses, 12 hours of field courses and another 12 credit hours for the thesis. In addition, students will have to pass a foreign language test, as required by the Graduate School.
         • Special master’s degree program (weekends) (with requirement to conduct an independent studies project). Classes will be held o­n Saturdays and Sundays from 9.00-12.00 hrs for a two-year duration. The course requirement is at least 42 credit hours, consisting of 18 credit hours of core courses, 18 hours of field courses and another 6 credit hours for independent studies. In addition, students will have to pass foreign language test, as required by the Graduate School.
         • Accelerated master’s degree program (one year) (with requirement to conduct an independent studies). Classes will be held o­n Mondays to Fridays from 17.00-20.30 hrs for a o­ne year duration. The course requirement is at least 42 credit hours, consisting of 18 credit hours of core courses, 18 hours of field courses and another 6 credit hours for independent studies. In addition, students will have to pass foreign language test, as required by the Graduate School.
         • Bilingual master degree program During are 18 months (or three semester) period, students will take classes in the 751 sequence taught in English in module form with either of the two research plans as follows.

         Plan 1 Thesis option. Students will take 10 courses (30 credit hours) and do thesis (another 12 credit hours), making 42                 total credit hours. Students will also have to pass a foreign language test, as required by the Graduate School.
         Plan 2 Independent studies option. Students will take 12 courses (36 credit hours) and independent studies (6 credit                 hours), making 42 total credit hours. Students will have to pass a foreign language test, as required by the                 Graduate School.
    Courses in Economics
    Required Course
        ECON701 Microeconomic Theory
        ECON702 Macroeconomic Theory
        ECON703 Econometrics
        ECON705 Quantitative Analysis in Economic
        ECON707 Thai Economy
        ECON708 Research Methods
    Group I Quantitative Economics
        ECON711 Mathematical Economics
        ECON712 Economic and Business Forecasting
        ECON714 Applied Operational Research in Economics
        ECON715 Advanced Topics in Quantitative Economics
        ECON716 Applied Econometric Time Series
        ECON719 Selected Topics in Quantitative Economics
        ECON746 Quantitative Analysis of Energy and Resources Industries
        ECON747 Efficiency and Productivity Analysis
    Group II Theory and Ideology of Economics
        ECON721 Welfare Economics
        ECON722 Economics of Industrial Organization
        ECON723 Comparative Economics
        ECON724 Managerial Economics
        ECON725 Public Economics and Business Policy
        ECON726 Economics Theory of Investment in Finance Markets
        ECON727 Project Planning and Project Appraisal
        ECON728 Project Management and Evaluation
        ECON729 Selected Topics in Economics Theory
    Group III Monetary and Fiscal Economics
        ECON731 Monetary Theory and Policy
        ECON732 Money and Banking
        ECON733 Fiscal Theory and Policy
        ECON739 Selected Topics in Monetary and Fiscal Economics
    Group IV Resources Economics
        ECON741 Economics of Human Resources
        ECON742 Environmental Economics and Business Policy
        ECON743 Labor Economics and Industrial Relations
        ECON745 Economics of Natural Resources and Environment
        ECON749 Selected Topics in Economics of Natural Resources
    Group V International Economics
        ECON751 Trade and International Investment Theory
        ECON752 International Trade and Finance
        ECON753 International Monetary Theory and Policy
        ECON759 Selected Topics in International Economics
    Group VI Developmental Economics
        ECON761 Economic Development
        ECON763 Regional Development Planning
        ECON768 Selected Topics in Economics Development
      
    Structure for Regular master’s degree program (Thesis)
    Degree Requirements
        Coursework             : a minimum of 30 credits
        Thesis                     : 12 credits
        Total                       : a minimum of 42 credits

    Curriculum Structure
    A. Coursework a minimum of 30 credits
    1. Graduate courses a minimum of 30 credits
       1.1 Field of concentration courses a minimum of 30 credits
          1.1.1 Required courses 18 credits
          ECON701 Microeconomic Theory ECON702 Macroeconomic Theory ECON703 Econometrics
          ECON705 Quantitative Analysis in Economics ECON707 Thai Economy
          ECON708 Research Methods
          
         1.1.2 Elective courses a minimum of 12 credits
           Must be chosen from the following courses :
           Group I Quantitative Economics
           Group II Theory and Ideology of Economics
           Group III Monetary and Fiscal Economics
           Group IV Resources Economics
           Group V International Economics
           Group VI Developmental Economics
        
        B. Thesis 12 credits
        751799 ECON799 Master’s Thesis

        C. Non-credit courses
       1. Graduate School requirement: a foreign language

      
    Structure for special master’s degree program (Independent Study)
    Degree Requirements
       Coursework                 : a minimum of 36 credits
       Independent Study      : 6 credits
       Total                            : a minimum of 42 credits

    Curriculum Structure
    A. Coursework a minimum of 36 credits
    1. Graduate courses a minimum of 36 credits
      1.1 Field of concentration courses a minimum of 36 credits
        1.1.1 Required courses 18 credits
        ECON701 Microeconomic Theory
        ECON702 Macroeconomic Theory
        ECON703 Econometrics
        ECON705 Quantitative Analysis in Economics
        ECON707 Thai Economy
        ECON708 Research Methods
        1.1.2 Elective courses a minimum of 18 credits
          Must be chosen from the following courses :
          Group I Quantitative Economics
          Group II Theory and Ideology of Economics
          Group III Monetary and Fiscal Economics
          Group IV Resources Economics
          Group V International Economics
          Group VI Developmental Economics

        B. Independent Study 6 credits
        751798 ECON798 Independent Study
        C. Non-credit courses
        1. Graduate School requirement: a foreign language
        2. Program requirement : Comprehensive

      
      
      
      
    Combined bilingual program
    Bachelor and Master’s of Economics

        Chiang Mai University’s Faculty of Economics launched its combined program for the bachelor’s and master’s degrees in economics, taught bilingually (English and Thai), in the first semester of 2006. The program admits students to both the bachelor’s and master’s degree programs. It is designed for continuity in students’ learning and efficiency in conducting research in the process of developing students’ expertise and the creation of new knowledge. The estimated time required to fulfill all degree requirements for both the bachelor’s and master’s degrees in economics is five years. The combined program was initiated in response to the university’s policy of producing high quality graduates at the bachelor’s and master’s degree levels in a timely manner, using a time-intensive approach. Classes are conducted bilingually, using English as the medium of instruction for all economics courses and the Thai language for all other courses. This is to build English language skills of the graduates and to prepare them to be operational in an international environment as required by the market and/or society.
      
    Requirements for admission
      Candidates to be admitted to the combined degree program must satisfy the following conditions:
        1. Have finished secondary school (grade 12) or the equivalent
        2. Meet the requirements in accordance with Chiang Mai University’s regulations for undergraduate education B.E 2546 and the requirements of the combined degree program
      
    Curriculum and duration of the study
       The curriculum and requirements for the undergraduate degree in economics are the same as those of the regular bachelor of economics degree program. This consists of at least 144 credit hours.
    For the master’s of economics degree, there are two plans, i.e. the thesis option and the independent study option. Both are conducted o­n a module type of instruction.

    Plan 1: thesis
    Plan 2: independent studies

       All degree requirements can be fulfilled within a 5-year duration. The classes are conducted bilingually, meaning that English is the medium of instruction for all economics courses (marked by a course number in the 751… sequence) and Thai is the medium of instruction for all other non economic courses taught outside the faculty of economics. Students have the option of writing their thesis or independent study report in either language.
      
    Titles of the degrees
    Upon fulfillment of the bachelor’s degree requirements :
    Bachelor of economics (B.Econ)
    Upon fulfillment of the master’s degree requirements :
    Master of economics (M.Econ)
      
    Class hours
       The classes for the combined degree program will be conducted during regular hours between 08:00-16:30 hrs Mondays to Fridays.
      
    Tuition Fees  
       Tuition fees are charged o­n a lump sum basis of Baht 350,000 for the whole combined degree program or Baht 35,000 per semester for the duration of 10 semesters.
      
    Bachelor of Economics Degree Requirement
    1. General Education
      1.1 Social Sciences
      1.2 Humanities
      1.3 Language and Communication
      1.4 Science and Mathematics
    2. Field of Specialization
      2.1 Core Courses
      2.2 Major: a minimum of

        2.2.1 Requirements:
          751101 PRINCIPLES OF ECONOMICS I
          751102 PRINCIPLES OF ECONOMICS II
          751202 HISTORY OF ECONOMIC THOUGHT
          751209 INTRODUCTION TO MATHEMATICAL ECONOMICS
          751301 MICROECONOMIC THEORY I
          751302 MICROECONOMIC THEORY II
          751303 PUBLIC FINANCE
          751304 ECONOMIC STATISTICS
          751308 MACROECONOMIC THEORY I
          751309 MACROECONOMIC THEORY II
          751401 INTERNATIONAL ECONOMICS
          751405 THEORY OF ECONOMIC DEVELOPMENT
          751408 RESEARCH METHODS IN ECONOMICS
          751409 RESEARCH EXERCISE IN CURRENT ECONOMICS ISSUES
        2.2.2 Electives: a minimum of
    Any courses offered by Faculty of Economics
        2.2.3 Of all major courses (2.2.1 and 2.2.2) at least 36 credits must be courses
    above 300 level and at least 18 credits must be courses of 400 level
      2.3 Minor: a minimum of
    By the approval of the major advisor, a minor in any o­ne field of other
    subjects may be chosen.
    3. Free Electives: a minimum of


    Total : a minimum of 144 Credits

    36 Credits
    6 Credits
    9 Credits
    12 Credits
    9 Credits
    102 Credits
    30 Credits
    57 Credits

    42 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    3 Credits
    15 Credits



    15 Credits


    6 Credits
      
    Master of Economics Degree Requirements
    Structure for Plan 1 (Thesis Option)

    Degree Requirements
        Coursework            : a minimum of 30 credits
        Thesis                    : 12 credits
        Total                      : a minimum of 42 credits

    Curriculum Structure

    A. Coursework a minimum of 30 credits
       1. Graduate courses a minimum of 30 credits

       1.1 Field of concentration courses a minimum of 30 credits
         1.1.1 Required courses 18 credits
           751701 ECON701 Microeconomic Theory 751702 ECON702 Macroeconomic Theory 751703 ECON703 Econometrics        751705 ECON705 Quantitative Analysis in Economics 751707 ECON707 Thai Economy 751708 ECON708 Research Methods
         1.1.2 Elective courses a minimum of 12 credits
         Must be choosen from the following courses :
         Group I Quantitative Economics
         Group II Theory and Ideology of Economics
         Group III Monetary and Fiscal Economics
         Group IV Resources Economics
         Group V International Economics
         Group VI Developmental Economics

        B. Thesis 12 credits
       751799 ECON799 Master’s Thesis

        C. Non-credit courses
       1. Graduate School requirement: a foreign language

      
    Structure for Plan 2 (Independent Study Option)
    Degree Requirements
        Coursework                 : a minimum of 36 credits
        Independent Study      : 6 credits
        Total                            : a minimum of 42 credits

    Curriculum Structure
    A. Coursework a minimum of 36 credits
      1. Graduate courses a minimum of 36 credits
        1.1 Field of concentration courses a minimum of 36 credits
          1.1.1 Required courses 18 credits
            751701 ECON701 Microeconomic Theory 751702 ECON702 Macroeconomic Theory 751703 ECON703 Econometrics         751705 ECON705 Quantitative Analysis in Economics 751707 ECON707 Thai Economy 751708 ECON708 Research Methods
          1.1.2 Elective courses a minimum of 18 credits
          Must be chosen from the following courses :
          Group I Quantitative Economics
          Group II Theory and Ideology of Economics
          Group III Monetary and Fiscal Economics
          Group IV Resources Economics
          Group V International Economics
          Group VI Developmental Economics

        B. Independent Study 6 credits
          751798 ECON798 Independent Study

        C. Non-credit courses
    1. Graduate School requirement: a foreign language
    2. Program requirement : Comprehensive

    http://www.econ.cmu.ac.th/programs.asp

     



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