DEGREE CONFERRED
Bachelor of Economics (Business Economics)
B.Econ. (Business Economics)
GRADUATION REQUIREMENTS
Assumption University confers the degree of Bachelor of Economics in Business Economics upon students who meet all of the following requirements specified in the Graduate Program Standard Criteria B.E. 2548 and Assumption University Bylaw B.E. 2548 as follows:
- Complete the total number of credits of the curriculum
- Obtain a cumulative grade point average of at least 2.00
- Participate in 16 sessions of the Business and Professional Ethics Seminar
- Have library and financial clearance with the University
- Have demonstrated good behavior and discipline
OBJECTIVES
To produce graduates who have the characteristics, knowledge and skills as follows:
- Morally sound, committed to acting justly and open to further growth.
- Have essential concepts, frameworks, core body of knowledge, and necessary technical skills to work as a full potential economic professional.
- Able to understand and apply economic reasoning to every aspect of the management and the organization.
- Able to interpret economic information, make economic analysis and forecasting useful for business decision making.
- Flexible, competent and well-rounded in confronting and solving economic problems.
- Able to work as a team and motivate others to work.
- Able to communicate effectively and have good IT skills.
COURSES
General Education Courses 33 Credits
Language
Language Courses 15 Credits
|
BG 1001 |
English I |
3 |
|
BG 1002 |
English II |
3 |
|
BG 2000 |
English III |
3 |
|
BG 2001 |
English IV |
3 |
|
GE 1403 |
Communication in Thai (for Thai students) |
3 |
|
or |
|
|
|
GE 1408 |
Thai Usage (For international students) |
3 |
Social Science
Social Science Courses 6 Credits
|
GE 2202 |
Ethics |
3 |
|
MGT 1101 |
Introduction to Business |
3 |
Humanities
Humanities Courses 6 Credits
|
GE 2101 |
World Civilization |
3 |
|
MGT 2404 |
Managerial Psychology |
3 |
Science and Mathematics
Science and Mathematics Courses 6 Credits
|
BG 1200 |
Mathematics for Business |
3 |
|
GE 1301 |
Environmental Science |
3 |
Specialized Courses 102 Credits
Business Core
Business Core Courses 35 Credits
|
ACT 1600 |
Fundamentals of Financial Accounting |
3 |
|
ACT 2620 |
Fundamentals of Managerial Accounting |
3 |
|
MIS 1221 |
Computer Literacy |
0 |
|
MIS 2111 |
Introduction to Management Information Systems |
3 |
|
MIS 2221 |
Quantitative Analysis Tools |
0 |
|
ECO 1231 |
Principles of Economics |
3 |
|
ECO 2531 |
Principles of Microeconomics |
4 |
|
ECO 2541 |
Principles of Macroeconomics |
4 |
|
ECO 3251 |
Business Economics Writing |
3 |
|
ECO 3252 |
Information Literacy Skills |
3 |
|
FIN 3101 |
Corporate Finance |
3 |
|
MGT 2900 |
Principles of Management |
3 |
|
MKT 2280 |
Principles of Marketing |
3 |
Major Required
Major Required Courses - Plan A
Major Required Courses - Plan A : Managerial Economics 40 credits
|
ECO 1251 |
Statistics for Economists |
4 |
|
ECO 2551 |
Introduction to Econometrics |
3 |
|
ECO 2561 |
Economy, Society and Government |
3 |
|
ECO 2641 |
Intermediate Macroeconomics |
3 |
|
ECO 2661 |
Managerial Economics |
3 |
|
ECO 3731 |
International Trade |
3 |
|
ECO 3732 |
Industrial Organization |
3 |
|
ECO 3741 |
Monetary Economics |
3 |
|
ECO 4551 |
History of Economics Thoughts |
3 |
|
ECO 4761 |
Economics of Strategy |
3 |
|
ECO 4961 |
Managerial Economic Research |
3 |
|
MGT 3940 |
Business Research Methodology |
3 |
|
MGT 4914 |
Entrepreneurship |
3 |
Major Required Courses - Plan B
Major Required Courses - Plan B : Quantitative Economics 40 credits
|
ECO 1251 |
Statistics for Economists |
4 |
|
ECO 1252 |
Calculus I |
3 |
|
ECO 1253 |
Calculus II |
3 |
|
ECO 2551 |
Introduction to Econometrics |
3 |
|
ECO 2631 |
Intermediate Microeconomics |
3 |
|
ECO 2641 |
Intermediate Macroeconomics |
3 |
|
ECO 3741 |
Monetary Economics |
3 |
|
ECO 3771 |
Advanced Microeconomics |
3 |
|
ECO 3772 |
Intermediate Econometrics |
3 |
|
ECO 3773 |
Mathematical Economics |
3 |
|
ECO 4551 |
History of Economics Thoughts |
3 |
|
ECO 4971 |
Quantitative Economic Research |
3 |
|
ECO 4972 |
Independent Study |
3 |
Major Elective
Major Elective Courses – Plan A
Major Elective Courses – Plan A : Managerial Economics 12 Credits
|
ECO 3733 |
Economics of Human Resources |
3 |
|
ECO 3734 |
Agriculture Economics and Agri - business |
3 |
|
ECO 3735 |
Public Economics |
3 |
|
ECO 3751 |
Business Cycle and Forecasting |
3 |
|
ECO 3771 |
Advanced Microeconomics |
3 |
|
ECO 4731 |
Economics of Sustainability |
3 |
|
ECO 4741 |
International Finance |
3 |
|
REM 3113 |
Real Estate Economics |
3 |
Major Elective Courses – Plan B
Major Elective Courses – Plan B : Quantitative Economics 12 Credits
|
ECO 3731 |
International Trade |
3 |
|
ECO 3732 |
Industrial Organization |
3 |
|
ECO 3733 |
Economics of Human Resources |
3 |
|
ECO 3734 |
Agriculture Economics and Agri-business |
3 |
|
ECO 3735 |
Public Economics |
3 |
|
ECO 3751 |
Business Cycle and Forecasting |
3 |
|
ECO 4731 |
Economics of Sustainability |
3 |
|
ECO 4741 |
International Finance |
3 |
|
ECO 4751 |
Financial Economics |
3 |
|
ECO 4761 |
Economics of Strategy |
3 |
Business Concentration
Business Concentration Courses 15 credits
Student must choose one of the following groups of concentration as their business concentration:
Finance
|
FIN 3201 |
Investment |
3 |
|
FIN 3202 |
Valuation |
3 |
|
FIN 3203 |
Bank Management |
3 |
|
FIN 3221 |
Financial Feasibility Planning |
3 |
|
FIN 4101 |
Financial Management |
3 |
Management Information Systems
|
MIS 3111 |
Business Process Management |
3 |
|
MIS 3121 |
Database Systems |
3 |
|
MIS 4111 |
Information Systems Project Management |
3 |
|
MIS 4122 |
Business Intelligence |
3 |
|
MIS 4211 |
Information Systems Strategy, Management, and Acquisition |
3 |
International Business Management
|
IBM 3101 |
Cross Cultural Human Resource Management |
3 |
|
IBM 3102 |
Export-Import Policy and Strategy |
3 |
|
IBM 3203 |
International Management |
3 |
|
IBM 4115 |
International Product and Brand Planning |
3 |
|
IBM 4208 |
International Strategic Management |
3 |
Industrial Management
|
IDM 3203 |
Logistics and Supply Chain Management |
3 |
|
IDM 3204 |
Industrial Safety and Risk Management |
3 |
|
IDM 4201 |
Manufacturing Planning and Control |
3 |
|
IDM 4203 |
Quality Management |
3 |
|
IDM 4206 |
Industrial Environmental Management |
3 |
Insurance Management
|
INS 3101 |
Principles of Risk Management and Insurance |
3 |
|
INS 3201 |
Property Insurance |
3 |
|
INS 3202 |
Casualty Insurance |
3 |
|
INS 3301 |
Principles of Life Assurance |
3 |
|
INS 4302 |
Accident, Group and Health Insurance |
3 |
Management
|
MGT 3901 |
Organization Theory |
3 |
|
MGT 3917 |
Innovation and Change Management |
3 |
|
MGT 3922 |
Introduction to New Ventures |
3 |
|
MGT 3942 |
Organization Behavior |
3 |
|
MGT 4916 |
Negotiation Strategy |
3 |
Marketing
|
MKT 3102 |
Integrated Marketing Communications |
3 |
|
MKT 3525 |
Sales Management |
3 |
|
MKT 3530 |
Consumer Behavior |
3 |
|
MKT 4725 |
Competitive Analysis and Strategy |
3 |
|
MKT 4730 |
Marketing Management |
3 |
Real Estate
|
REM 3111 |
Principles of Real Estate |
3 |
|
REM 3114 |
Building Design and Construction Techniques |
3 |
|
REM 3211 |
Principles of Real Estate Development |
3 |
|
REM 3212 |
Real Estate Finance |
3 |
|
REM 3213 |
Real Estate Appraisal |
3 |
Free Elective Course 6 Credits
Students can take free elective courses of 6 credits from any faculty in Assumption University upon completion of the prerequisites (if any)
STUDY PLAN
First and Second Years (Freshmen and Sophomore)
During the freshmen year, all students in Business Economics pursue the same study plan consisting of general education courses and business core courses, which provides them with the basic knowledge on all the disciplines in Economics and Business. The study plan also prepares the students with adequate knowledge to select a business concentration that suits his/her ability, background, and preferences.
Third and Fourth Years (Junior and Senior)
During the junior and senior years, Business Economics students follow the Economics program of studies:
- Thirteen Major Required Courses
- Four Major Electives Courses
- Five Business Concentration Courses
- Two Free Elective Courses
STUDY PLAN – PLAN A : MANAGERIAL ECONOMICS
FIRST YEAR
First Semester
|
Code |
Subjects |
Credits |
|
BG 1001 |
English I |
3 |
|
MIS 1221 |
Computer Literacy |
0 |
|
ECO 1231 |
Principles of Economics |
3 |
|
ECO 1251 |
Statistics for Economists |
4 |
|
GE 1301 |
Environmental Science |
3 |
|
GE 1403 |
Communication in Thai (for Thai students) |
3 |
|
MA 1200 |
Mathematics for Business |
3 |
|
|
Total |
19 |
Second Semester
|
Code |
Subjects |
Credits |
|
ACT 1600 |
Fundamentals of Financial Accounting |
3 |
|
BG 1002 |
English II |
3 |
|
MIS 2111 |
Introduction to Management Information Systems |
3 |
|
ECO 2531 |
Principles of Microeconomics |
4 |
|
ECO 2561 |
Economy, Society and Government |
3 |
|
MGT 1101 |
Introduction to Business |
3 |
|
|
Total |
19 |
SECOND YEAR
First Semester
|
Code |
Subjects |
Credits |
|
ACT 2620 |
Fundamentals of Managerial Accounting |
3 |
|
BG 2000 |
English III |
3 |
|
ECO 2541 |
Principles of Macroeconomics |
4 |
|
ECO 2551 |
Introduction to Econometrics |
3 |
|
GE 2101 |
World Civilization |
3 |
|
MKT 2280 |
Principles of Marketing |
3 |
|
|
Total |
19 |
Second Semester
|
Code |
Subjects |
Credits |
|
BG 2001 |
English IV |
3 |
|
MIS 2221 |
Quantitative Analysis Tools |
0 |
|
ECO 2641 |
Intermediate Macroeconomics |
3 |
|
ECO 2661 |
Managerial Economics |
3 |
|
ECO 3731 |
International Trade |
3 |
|
GE 2202 |
Ethics |
3 |
|
MGT 2900 |
Principles of Management |
3 |
|
|
Total |
18 |
THIRD YEAR
First Semester
|
Code |
Subjects |
Credits |
|
ECO 3251 |
Business Economics Writing |
3 |
|
ECO 3252 |
Information Literacy Skills |
3 |
|
ECO 3741 |
Monetary Economics |
3 |
|
FIN 3101 |
Corporate Finance |
3 |
|
MGT 2404 |
Managerial Psychology |
3 |
|
MGT 3940 |
Business Research Methodology |
3 |
|
|
Total |
18 |
Second Semester
|
Code |
Subjects |
Credits |
|
ECO 3732 |
Industrial Organization |
3 |
|
ECO 4761 |
Economics of Strategy |
3 |
|
|
Two Major Elective Courses |
6 |
|
|
Two Business Concentration Courses |
6 |
|
|
Total |
18 |
FOURTH YEAR
First Semester
|
Code |
Subjects |
Credits |
|
ECO 4551 |
History of Economic Thoughts |
3 |
|
MGT 4914 |
Entrepreneurship |
3 |
|
|
Two Business Concentration Course |
6 |
|
|
One Major Elective Course |
3 |
|
|
Total |
15 |
Second Semester
|
Code |
Subjects |
Credits |
|
ECO 4961 |
Managerial Economic Research |
3 |
|
|
One Business Concentration Course |
3 |
|
|
One Major Elective Course |
3 |
|
|
Two Free Elective Courses |
6 |
|
|
Total |
15 |
STUDY PLAN – PLAN B : QUANTITATIVE ECONOMICS
FIRST YEAR
First Semester
|
Code |
Subjects |
Credits |
|
BG 1001 |
English I |
3 |
|
MIS 1221 |
Computer Literacy |
0 |
|
ECO 1231 |
Principles of Economics |
3 |
|
ECO 1251 |
Statistics for Economists |
4 |
|
GE 1301 |
Environmental Science |
3 |
|
GE 1403 |
Communication in Thai (for Thai students) |
3 |
|
MA 1200 |
Mathematics for Business |
3 |
|
|
Total |
19 |
Second Semester
|
Code |
Subjects |
Credits |
|
ACT 1600 |
Fundamentals of Financial Accounting |
3 |
|
BG 1002 |
English II |
3 |
|
MIS 2111 |
Introduction to Management Information Systems |
3 |
|
ECO 1252 |
Calculus I |
3 |
|
ECO 2531 |
Principles of Microeconomics |
4 |
|
MGT 1101 |
Introduction to Business |
3 |
|
|
Total |
19 |
SECOND YEAR
First Semester
|
Code |
Subjects |
Credits |
|
ACT 2620 |
Fundamentals of Managerial Accounting |
3 |
|
BG 2000 |
English III |
3 |
|
ECO 1253 |
Calculus II |
3 |
|
ECO 2541 |
Principles of Macroeconomics |
4 |
|
ECO 2551 |
Introduction to Econometrics |
3 |
|
MKT 2280 |
Principles of Marketing |
3 |
|
|
Total |
19 |
Second Semester
|
Code |
Subjects |
Credits |
|
BG 2001 |
English IV |
3 |
|
MIS 2221 |
Quantitative Analysis Tools |
0 |
|
ECO 2631 |
Intermediate Microeconomics |
3 |
|
ECO 2641 |
Intermediate Macroeconomics |
3 |
|
GE 2101 |
World Civilization |
3 |
|
GE 2202 |
Ethics |
3 |
|
MGT 2900 |
Principles of Management |
3 |
|
|
Total |
18 |
THIRD YEAR
First Semester
|
Code |
Subjects |
Credits |
|
ECO 3251 |
Business Economics Writing |
3 |
|
ECO 3252 |
Information Literacy Skills |
3 |
|
ECO 3741 |
Monetary Economics |
3 |
|
ECO 3773 |
Mathematical Economics |
3 |
|
FIN 3101 |
Corporate Finance |
3 |
|
MGT 2404 |
Managerial Psychology |
3 |
|
|
Total |
18 |
Second Semester
|
Code |
Subjects |
Credits |
|
ECO 3771 |
Advanced Microeconomics |
3 |
|
ECO 3772 |
Intermediate Econometrics |
3 |
|
|
Two Major Elective Courses |
6 |
|
|
Two Business Concentration Courses |
6 |
|
|
Total |
18 |
FOURTH YEAR
First Semester
|
Code |
Subjects |
Credits |
|
ECO 4551 |
History of Economic Thoughts |
3 |
|
ECO 4971 |
Quantitative Economic Research |
3 |
|
|
Two Business Concentration Courses |
6 |
|
|
One Major Elective Course |
3 |
|
|
Total |
15 |
Second Semester
|
Code |
Subjects |
Credits |
|
ECO 4972 |
Independent Study |
3 |
|
|
One Business Concentration Course |
3 |
|
|
One Major Elective Course |
3 |
|
|
Two Free Elective Courses |
6 |
|
|
Total |
15 |