The History of Faculty of Economics
The Faculty of Economics, Chulalongkorn University, was officially founded on August 8, 1970 as a result of the collaboration between the Department of Economics in the Faculty of Commerce and the Department of Public Finance in the Faculty of Political Science. The principal objective of the Faculty is to undertake activities that promote economic and social development of Thailand.
Over the years, the Faculty has expanded in size and reputation, offering courses leading to the degrees of BA, MA and PhD and having acquired international recognition. The number of academic staff now totals 65 persons, of whom 46 hold a Ph.D. and 19 a Master’s. The total number of students is 1,397, with 777 undergraduates, 612 Master’s students, and 8 Ph.D. candidates. Graduates from the Faculty are highly regarded by academic institutions and well-established companies in the country and elsewhere.
The Faculty is committed to excellence in teaching and research. Faculty members are encouraged to undertake higher-level training and participate in seminars and workshops abroad. Applied research and policy research are two specialties for which the Faculty is most reputed. Research works particularly in the fields of Political Economy, International Economics, Industrial Economics, Health Economics, Labor Economics and Environmental Economics have yielded results that have proved useful to the formulation of economic and social policies by the Thai government. Several faculty members have also been appointed advisors and consultants to numerous agencies, both domestic and international.
Faculty members have diverse interests, reflected in the variety of courses offered. While maintaining a high standard of training in mainstream Economics, the Faculty distinguishes itself from other prestigious academic institutions through the provision of specialized courses. The areas of specialization include Political Economy, International Economics and Finance, Business and Managerial Economics, Labor Economics and Human Resource Management, Health Economics, and Environmental and Natural Resource Economics. Each of the areas is offered as a Master’s program, and accompanied with its own research center. Most of these programs are international, designed to respond to an increased demand for graduates who would be attuned to an international working environment.
The Faculty has established collaborations with major overseas universities through a number of student and publication exchange programs, joint conferences and joint workshops. It enjoys academic links with more than 25 universities in Japan, Europe and the US. It welcomes over 25 visiting professors from overseas each year and has approximately 40 foreign students. The Faculty also hosts a series of organized lectures featuring distinguished speakers and allows students to participate. The connection with international organizations has enabled the Faculty to keep abreast with advances in academia and strengthen its overall capacity to produce future economists.
In addition to its academic strength, the Faculty boasts an extensive collection of textbooks and journals, including its own Chulalongkorn Journal of Economics. The Faculty’s computer facilities are at a very high standard and a range of extra-curricular activities are offered. The Faculty is situated in central Bangkok, easily accessible by bus and skytrain, and is only a stone throw’s away from various sports and shopping complexes.