Economics

This course provides students with an introduction to the basic concepts, methods, and practices of good accounting. Beginning with a consideration of accounting as an information system, students explore the structure of the double-entry bookkeeping system, the periodic measurement of profit by businesses, and the preparation of the statement of financial position. Students also tackle important topics like the problem of accounting for groups of companies and basic techniques for preparing group accounts. Students engage with the preparation of the three most important financial statements: the income statement, balance sheet, and the statement of cash flow. Through the active application of the content and the use of real-world examples, students understand how investors and others use financial statements and market information to assess a company’s investment potential.

This course covers global wine economics and the economy of sparkling wines and champagne. Topics include production potential, shipments and sales, strategies and economic models, marketing strategy and packaging, and the future of the industry.

This course studies the allocation of human resources through the labor market and the utilization of human resources inside the firm. The course explores issues related to investment in human capital, wage determination, labor force participation, worker mobility, hiring decisions and other personnel practices. Text: R. Ehrenberg and R. Smith, MODERN LABOR ECONOMICS: THEORY AND PUBLIC POLICY.

The purpose of this course is to clarify phenomena and problems that are inherent in the market economy by an examination of the laws and economic systems that support the internal and contractual structure of the market. In particular, the course focuses on Coase Theorem and its application to nuisance law, sales law, and tort law. This is a lecture course, but students are expected to work on "legal cases" into three groups (plaintiff, defendant, and judge) in each class, and are expected to participate in the deliberations of the cases among the three groups.

This course is designed for students wishing to clarify and advance their career goals through an 8-week internship in Thailand. It provides a structured learning environment to help students make the most of their internship experience. While there are no regularly scheduled class meetings, internships are conducted under the close academic supervision of the School of Global Studies at Thammasat University. An assigned internship coordinator provides oversight and guidance for the duration of the internship. The course requires a minimum of 288 total work hours. 

This course examines the importance of health and human capital to individual well-being and economic growth. It evaluates how the natural, social, economic, and political environments affect the accumulation and stock of health and human capital and the ways in which health and human capital interact with one another. It documents the considerable inequality in health and human capital across society and considers ways in which policy may help reduce this inequality.