A Book Review: Principle of Economics (Asst. Prof. Tanpat Kraiwanit, Ph.D.)
Journal Title: Advance Knowledge for Executives - Year 2023, Vol 2, Issue 3
Abstract
Objective: This review aims to analyse the principles of economics from Principles of Economics, written by Assistant Professor Tanpat Kraiwanit, Ph.D., and explores related articles to each topic, such as critical thinking, basic knowledge, applying economic theory and application, as well as managing all resources with a view to human satisfaction. Methodology: A narrative synthesis technique was used. The documentary method was used to analyse the data, as well as content analysis via systematic review. Result: This book review categorises the critical primary aspects into seven sections and presents recent research from the last five years. Recent research indicates that economic theory and principles are useful for assessing economic systems, developing government policies, conducting research, and applying them to business and technology. Conclusion: The book, Principles of Economics, emphasises the importance of understanding both units of economic principles, namely microeconomics and macroeconomics. This book is recommended for economists and other professionals who may find it useful in their study and other tasks, as well as in their company and money management.
Authors and Affiliations
Timklay, W.
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