Previous Courses

Last updated on Apr 18, 2026

EC627 Applied Econometrics (Graduate)

Level: Graduate (MA/PhD)  |  Prerequisite: EC625

An advanced graduate econometrics course covering estimation and inference from cross-sectional, time series, and panel data, as well as nonlinear models. Topics include:

  • Review of OLS and instrumental variable estimation
  • Seemingly Unrelated Regression (SUR) and Generalized Method of Moments (GMM)
  • Panel data: fixed effects and random effects models
  • Nonlinear estimation and maximum likelihood
  • Binary, multinomial, ordered, and count response models (Probit, Logit, Tobit, Poisson)
  • Univariate and multivariate time series: VAR, cointegration, VECM
  • Volatility models (GARCH) and nonlinear/structural break models

EC627 Microeconometrics (Graduate)

Level: Graduate (MA/PhD)  |  Prerequisite: EC625

An advanced graduate course focusing on microeconometric methods for cross-sectional and panel data. Topics include:

  • OLS, IV estimation, GMM
  • Panel data: fixed effects and random effects
  • Binary and multinomial response models (Logit, Probit, Multinomial Logit)
  • Corner solution models (Tobit)
  • Count data models (Poisson, Negative Binomial)
  • Censored data and sample selection models
  • Stratified and cluster sampling
  • Estimating average treatment effects

EC432 Monetary Theory and Policy (Undergraduate)

Level: Undergraduate  |  Credits: 3  |  Prerequisite: EC312

Covers the role of money in the economy and the design and implementation of monetary policy. Topics include:

  • Empirical evidence on money, prices, and output
  • Short-run analysis using the IS-PC-MR three-equation model
  • Theory of monetary policy: rules vs. discretion, time-inconsistency, central bank independence
  • Role of commercial banks and monetary transmission mechanisms
  • Monetary policy operations and inflation targeting
  • Money in open economies
  • Monetary and fiscal policy interactions
  • Unconventional monetary policies and macroprudential policy

Required text: Kongcharoen, Chaleampong. ทฤษฎีและนโยบายการเงิน. Teaching Document, 2555.

Chaleampong Kongcharoen
Chaleampong Kongcharoen
Assistant Professor of Economics, Associated Dean on Academic Affairs

I’m an assistant professor of economics at Thammasat University. My research interests are time series econometrics, and empirical macroeconomics.