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.
Factors Affecting the Brand Image of International Schools Through Parents' Perceptions in Bangkok, Thailand
Objective: The perception of international school brands among parents plays a pivotal role in enrollment, reputation, competitiveness, and long-term viability. A positive brand image builds trust, draws in students, and...
The Association between Chief Executive Officer (CEO) Characteristics and Company Performance in Viet Nam
Objective: This study aims to examine how the characteristics of the Chief Executive Officer (CEO) impact the performance of firms. Method: Specifically, the study focuses on the influence of the CEO's educational bac...
Artificial Intelligence (AI) Adoption: The Case of the Malaysian Financial Industry
Objective: Artificial Intelligence (AI) is regarded as a critical determinant of strategic planning and the creation of competitive advantage in modern business practices. This study aims to review the trend, opportunit...
Audit Committee Effectiveness and Financial Reporting Quality in Vietnamese Stocks Exchange
Objective: The objective of this research is to examine the connection between the efficiency of the audit committee and the quality of audits on the accuracy of financial reports. Method: The study collected data fro...
Predicting Electricity Consumption at La Trobe University Using Machine Learning Algorithms
Objective: This study aims to predict and optimise electricity consumption patterns at La Trobe University's Bundoora Campus from 2018 to 2021. The research involves rigorous feature extraction and model evaluation using...