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Bachelor of Sciences in Cooperatrive Economics ... (click to show the official document)
Course Description - undergrauated courses

01125101 Introduction to Cooperatives Sciences 3(3-0-6)

Origin and historical development of cooperation. Meaning and principles of cooperatives. Cooperatives in Thailand: origin, evolution, present situation, and relationship between cooperatives and the State.

01125111 History of Cooperatives Development and Doctrines 3(3-0-6)

History of cooperation development. Important personalities and basic values in the development of cooperative doctrine. Cooperative principles and philosophy. Comparative study of cooperative and other economic doctrine. Problem and obstacle in the development of cooperatives doctrine and solutions proposed.

01125112 Cooperatives Principles and Practices 3(3-0-6)

The nature of cooperatives principles, ideas and practices. Historical development of cooperatives principles. ICA cooperative principles. Other principles of cooperatives in general and principles for cooperatives of specific types. Procedures for organizing cooperatives Ways to run and manage cooperatives.

01125201 Introduction to Cooperatives in Thailand 3(3-0-6)

Development of cooperative movement in Thailand. Objectives, structure and operation of various types of cooperatives. Related organizations. Laws and state policy about cooperatives. Roles and trend of cooperatives in Thailand.

01125211 Structures and Management of Cooperatives 3(3-0-6)
Pre: 01125112

Different ways of forming cooperatives. Cooperative classification in Thailand. Organization of cooperatives structure and activities. Cooperatives management and its unique features: financing, marketing, purchasing, merchandising, accounting personnel management, communication, member, director and employee education.

01125212 Cooperatives Movement 3(3-0-6)

Pre: 01125111

Developments of cooperatives. Cooperatives integration and various forms of cooperatives networks. Trend of cooperatives movement, economic, social and cultural context towards cooperatives study. Comparative study on public policy and participation of people.  Innovation and new knowledge of cooperatives movement response to dynamic environment conditions.



01125213 Cooperatives Laws and Regulations 3(3-0-6)

Pre: 01125112

Development of cooperatives legislation. General provision of cooperatives laws, different formats of legislation governing cooperatives societies. Content of cooperatives laws, by-laws and regulations made under by-laws which the cooperatives have to follow.

01125221 Thai Economy and Cooperatives 3(3-0-6)

Pre: 01125112 and 01108111

Development of cooperative movement in Thailand. Objectives, structure and operation of various types of cooperatives. Related organizations. Laws and state policy about cooperatives. Roles and trend of cooperatives in Thailand.

01125231 Cooperatives Accounting 3(3-0-6)

Pre: 01125212 และ 01130171

Accounting system for cooperatives of different types. Accounting practice for each cash receivable ,inventory, fix asset, liabilities and owner’s equity of cooperatives. Accounting cooperative with branches. Cooperatives auditing. Practical problems and burden of cooperatives accounting in Thailand.

01125311 Quantitative Analysis for Cooperatives Management 3(3-0-6)

Pre: 01125112 และ 01417111

Application of mathematics for the analysis and solving of cooperatives business management problems. Break even analysis and inventory management. Uses of linear programming in cooperatives business cooperatives business management. Theory of games. Critical path method and net work analysis.

01125312 Agricultural Cooperatives in Thailand 3(3-0-6)

Meaning, original development, business operations and objectives of agricultural cooperatives in Thailand. Cooperative administration structure, relationship between agricultural cooperatives and other related institutions.

01125321 Cooperatives Economics I 3(3-0-6)

Pre: 01108111

Economic justification to form a cooperatives, kind of cooperatives effects, the structural characteristic of cooperatives and their behavioral consequences, evolution of cooperatives theory, theory of farm supply cooperatives, theory of marketing cooperatives, theory of saving cooperatives and credit union, application of games theory in cooperatives business.

01125322 Economics for Service Cooperatives Management 3(3-0-6)

Microeconomic theory, managerial economic and service marketing with the business of the service cooperatives organizations to reduce the economic problem and provide welfare to member more than the benefit and profit oriented of the cooperatives organization. Economic role and management process for the business of the service cooperatives, encouragement of the service cooperatives, service cooperatives business management process, such as taxi cooperatives, housing cooperatives, dormitory cooperatives, wood handicraft cooperatives, water service cooperatives, job and employment cooperatives, etc., development of the service cooperatives, structure of the service cooperatives movement, investment project analysis, problems and obstacle to service cooperatives management, performance management evaluation, adjustment of the service cooperatives under globalizations and changes, to be the people business organization that contribute benefit to people and society.




01125323 Economics for Cooperatives Store Management 3(3-0-6)

Microeconomic theory, managerial economic, and marketing on the business of the cooperatives store which has the primary goal and objective to reduce the economic problem of the cooperatives members as a whole more than the business oriented of the organization, with the secondary goal and objective to provide the welfare oriented to the cooperatives member more than the profit oriented of the stores. Economic roles and the cooperative store retail business management process, marketing management of the cooperative store to members and non-members, Cooperatives store business development, structure, merchandising, pricing, inventory management, capital structure, financial liquidity, obstacles and firm performance evaluation. The adjustment of the cooperative store under the globalization and changes to be the people business organization that benefit to people and society.

01125331 Financial Management of Cooperatives 3(3-0-6)

Meaning and importance of financial management of cooperatives Financial planning and controlling. Working capital management. Asset investment analysis. Budgeting preparation. Uses of budget in controlling. Capital structure and cost of capital. Practical problems of financial management of cooperatives in Thailand.

01125332 Credit Management in Cooperatives 3(3-0-6)

Meaning and nature of credit analysis. Planning and supervising of the provision of credit to members. Repayment, rates of interest, collateral and sources of funds. Comparatives aspects of cooperatives in relation to other credit institutions. Practical problems in providing credit of cooperatives in Thailand.

01125333 Cooperatives Marketing 3(3-0-6)

Pre: 01134111

Definition and importance of cooperatives marketing. Marketing business operations of cooperatives. Marketing management and Strategies formulation in cooperatives. Practical problems of marketing business operation.

01125334 Saving Cooperatives Management 3(3-0-6)

Analysis of business operation of savings cooperatives. Structure organization  of savings cooperative movement. Credit analysis, credit inspection and supervision, working capital management, investment analysis, capital structure, cost of capital, rates of interest. Problems and obstacles in the administration of savings cooperatives in Thailand.

01125335 Cooperatives Policy and Planning 3(3-0-6)

Pre: 01125212

Cooperatives policy making and planning. Application of knowledge and theoretical ideas to practical situations for making decisions and decision making, as the cooperatives administrative management personals.

01125336 Cooperatives Education and Extension 3(3-0-6)

Pre: 01125112

Meaning and importance of cooperatives education and extension. Principles  and methods of cooperatives education and training for cooperatives members, directors officers, employees, interest groups and general public. Techniques of organizing and  conducting  meeting and seminars. Provision of guidance on production and marketing for improving standard  of living cooperatives members. Principles of extension and role of extension works. Selection and training of extension workers. Field trip required.


01125421 Cooperatives and Economic and Social Development 3(3-0-6)

Pre: 01125212 and 01108212

Role, duty and importance of cooperatives to economic and social development in the field of promotion of savings, capital accumulation, occupation development and cooperation among people in various forms of business operations including in the provision of credit, marketing, processing, transportation and communication, banking and insurance.

01125422 Cooperatives Economics II 3(3-0-6)

Pre: 01125324 และ 01108111

Macroeconomics policies and their consequences to cooperatives  societies. Public policies on financial and trade which affected cooperatives in agricultural sector eg : price guarantee, price support, income guarantee, income distribution. Public policies which affected saving cooperatives and credit union e.g.: interest rate and exchange rate determination.

01125423 Institutional Economics and The Cooperatives 3(3-0-6)

Pre: 01125212

Role of cooperatives organization under the institutional economics school of thought. The flaw of Neoclassical economics concept, the study of the efficiency of formal and informal institutional economic actors on the successfulness of the society. Economic behavior and human cooperation in the society, and advantage of the collective action, social benefit over individual benefit. The merge between individual benefit and collective benefit of the society according to the economic governance. Superior and inferior of the institutions for economic problems solving.

01125424 Managerial Economics for Cooperatives Enterprise 3(3-0-6)

Pre: 01125212

Microeconomic theory and business economic to the business management of the cooperatives organization which oriented to the economic and social benefit of members more than business benefit of the organization. Management of the special type of business organization which concerning to the “not for profit” aspects, and consequently it is not a “non profit” organization. Impact of the asymmetric information on economic activities of the cooperative organizations, cost and optimum surplus, financing policy from both internal and external source of fund, investment policy, cost of investment and capital budgeting, business risk and return on investment, Optimal capital structure between debt and equity, liquidity and working capital, Surplus allocation policy for retain earning of the cooperative, rate of patronage refund and rate of dividend payout to members, Principal and agent problem among member-share holder and board of director as the principal and the management team and professional as the agent.


01125431 Budgeting Management of Cooperatives 3(3-0-6)

Pre: 01130172

Meaning, importance and types of budgeting. Budgeting planning and techniques of controlling. Application of accounting data for administration and decision making, follow-up and evaluation. Problems and obstacles in budgeting cooperatives in Thailand.

01125432 Computer Application in Cooperatives Sciences 3(2-2-6)

Concept of databases managements, Database design by creation of simple tables, reports and form’s.

01125433 Information Technology for Cooperatives Management 3(2-2-6)

Basic concepts of information technology. Roles and importance of information technology to business management of cooperatives. Information technology development plan for cooperatives. Application of information technology in cooperatives business management. Application of office automation software for cooperatives. Data communication and computer network. Cooperatives and electronic commerce. and database system.

01125434 Supply Chain Management in Cooperatives Business 3(3-0-6)

Pre: 01125112

Fundamentals of supply chain management. Development of supply chain .Collaboration strategies and business alternative from supply chain management, Case studies.

01125435 Logistics Management for Cooperatives Business 3(3-0-6)

Pre: 01125212

Concepts and fundamental of logistics management, logistics management and supply chain management. Application of logistics management in business of cooperatives, procurement, production, distribution, transportation, warehouse management, and related information technology.

01125436 Risk Management Cooperatives 3(3-0-6)

The knowledge and skills about risk management. The course comprise of a concise history of risk helps explain the current perceptions and beliefs about. The fundamental principles and practices in risk management used in risk evolution and management, risk management process. Tools and techniques of risk management apply of cooperatives. Furthermore. The tactical risk and strategic risk enables a better grasp of the complex interaction of risk, environment and management. The identify future issues and trends in risk management.The case study of cooperative’s risk management.


01125437 Performance Measurement in Cooperatives 3(3-0-6)

The basic concept of performance measurement system (PMS). The knowledge and skills about PMS. The performance measurement within contemporary organization especially in cooperatives, PMS process. Tools and techniques of PMS apply for cooperatives such as, Financial Ratios, Economic Value Added (EVA), Benchmarking, Balanced Scorecard (BSC), Performance Prism, Key Performance Indicators ect. The future issues and trends in PMS. The case study of cooperative’s PMS.

01125438 Management of Financial Cooperatives 3(3-0-6)

Pre:  01132211

Cooperatives philosophy and principle. Overview of the industry and regulations. Evaluating cooperatives performance. Managing interest rate risk. Managing the cost of funds, capital, and liquidity. Extending credit to members. Managing the investment portfolio and special topics.

01125491 Research Methods in Cooperatives 3(3-0-6)

Pre:  01125313 or 01422451

Principles and methods in cooperatives research. Identification of research problems. Formulation of research objectives and hypotheses. Collection of data. Construction of questionnaire. Data analysis and interpretation. Application of statistics for research. Report writing and presentation.

01125497 Seminar 1(1-0-3)

Presentation and discussion on current interesting topics in cooperatives economics at the bachelor’s degree level.

01125498 Special Problems 3(3-0-6)

Study and research in cooperatives economics at the bachelor’s degree level and compile into a written report.



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