Unilinks - Master of Economics in Business Economics (M.Ec. in Business Economics)

ABOUT THIS PROGRAM

It is a master's degree program in applied economics, organized by the Faculty of Economics, Thammasat University since 1996. The curriculum is designed to meet the needs of society and various organizations, with an emphasis on applying knowledge of economic theory to practice.

Business economics is the application of knowledge in economics and business administration. The main idea is to apply economic theories and tools to help in decision making and problem solving in business, including the systematic use of information to support analysis and decision making.

A concrete example is the decision to set product prices, which requires business unit executives to know the structure of the product market, competition patterns, past sales, the capabilities of new competitors, and future economic forecasts. Therefore, they can be analyzed to set prices and design appropriate pricing strategies, etc.

The heart of business economics is the application of theories and tools of data analysis in various fields to work. Therefore, students can apply them to organizations in both the public and private sectors.

Coupled with the fundamentals of economics that teach students to see things from all sides, students will understand how to adjust strategies in rapidly changing situations with high impacts.

Being prepared to handle all aspects with the right analytical framework is a factor indicating your and your organization's success.

Be prepared for all changes...Business Economics is the answer.

KEY INFORMATION

Degree

Master

Language

English

Location

Thailand

Intake Start Date

Nov 2025

Study Format

On Campus

Duration

2 years

Program Highlight

Standard Program

Total Semester

Total Tuition Fees

243,920 THB (Approx) / in total

Application deadline

Apr 2026

ABOUT UNIVERSITY

Thammasat University

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EduRank Ranking 266

Programs

Students

Not Provided Yet

Thammasat University (TU) is the second oldest university in Thailand, teaching more than 33,000 students and employing more than 2,700 academic staff. Inaugurated in 1934 with social science and humanities to serve society’s thirst for modern knowledge, it is known as “the university for the people” and has since expanded its remit to include science, technology, and health.

Thammasat places an emphasis on sustainability by teaching the humanities, social sciences and STEM subjects in an environment that aims to create a “smart university”. This goal is being reached by introducing energy saving and renewable measures on campus, and by creating and implementing new technology that is environmentally friendly.

As Thailand shifts its political agendas towards meeting the United Nations Sustainable Development Goals, Thammasat University has become central to coordinating research and policy while helping to prioritise the country’s social mobility.

Thammasat is the first university in Thailand who has received an award on “Cultural Change for Sustainability” for its campaign to reduce single-use plastics from the International Sustainability Campus Network (ISCN) during the 2020 ISCN Awards Ceremony on 14th May, 2020. Thammasat is leading by example in setting its own targets to become a fully sustainable “smart university”.

Thammasat University, by Faculty of Economics, is also a co-host of Sustainable Development Solutions Network – Thailand (SDSN Thailand) from March 2020 until February 2022.

PROGRAM STRUCTURE

Year 1: Core Foundation Courses (18 Credits)

Microeconomic Theory (3 Credits)

Macroeconomic Theory (3 Credits)

Econometrics (3 Credits)

Mathematical Methods for Economics (3 Credits)

Business Economics (3 Credits)

Research Methods in Economics (3 Credits)

Year 2: Specialized Business Economics Courses and Thesis (30 Credits)

Industrial Economics (3 Credits)

International Business Economics (3 Credits)

Strategic Management (3 Credits)

Monetary Economics (3 Credits)

Elective Courses (9 Credits)

Thesis or Research Project (9 Credits)

TUITION FEES

Tuition fees

243,920 THB (Approx) / in total

Application fees

2,000 THB

Application fee cannot be refunded.

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ADMISSIONS PROCESS

Required documents

Bachelor Degree Transcript and Certificate

English examination score (Click)

Passport

2 letters of recommendation (Advisor/Supervisor)

Possible Career Pathway

Career Opportunities

Business Economist

Economic Consultant

Policy Advisor

Financial Analyst

International Business Economist

STUDENT's TESTIMONIALS

No testimonials available just yet — stay tuned!

FAQs

Question :

Can a proxy contact the University on my behalf, for instance in requesting important documents?

Answer :

"Yes. Please bring a proxy form, a certified copy of the student’s identity card, and a certified copy of the proxy’s identity card. "

Question :

How do I transfer credits?

Answer :

"Each faculty has different requirements. Please refer to www.reg.tu.ac.th >> Online Student Handbook >> Regulations on Faculty Transfer and Credit Transfer (for Undergraduates) >> Regulations on Credit Transfer "

Question :

What is the minimum/maximum number of credits I can enrol?

Answer :

"Semester 1 or 2: Minimum 9 credits, except in the case of illness which requires the Dean’s approval, or in the last semester of study only. Maximum 22 credits, except for 4th year students with approval from the Rector -Summer Semester: Maximum 6 credits. Students may enrol more than 6 credits but no more than 9 credits, in the case that it is their last semester of study, and with the Rector’s approval."

Question :

When can I register as a graduand?

Answer :

Students who have given notification may check the Graduand List about 1 month after having obtained test results for all subject at www.reg.tu.ac.th >> Graduands >> Graduand List or by logging in to see the Graduand Registration Menu.