Economics

(เศรษฐศาสตร์)

Definition

Economics (เศรษฐศาสตร์) Hard Skill

Economics is the study of how individuals, businesses, and governments make choices about allocating scarce resources to satisfy their needs and desires, focusing on production, distribution, and consumption of goods and services.

Expertise Level

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Level 1

Basic

1. Understands basic economic concepts such as supply and demand.

2. Can define common economic terms and principles.

3. Recognizes the role of markets in the economy.

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Level 2

Intermediate

1. Analyzes economic data to identify trends and patterns.

2. Applies economic theories to real-world situations.

3. Evaluates the impact of government policies on economic activities.

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Level 3

Advanced

1. Develops complex economic models to forecast market behavior.

2. Designs and advises on economic policies and strategies.

3. Critically evaluates global economic issues and their implications.

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Ministry of Higher Education

Science, Research and Innovation

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328 Si Ayutthaya Rd., Thung Phaya Thai, Ratchathewi, Bangkok 10400 Tel. 02-610-5200 Fax. 02-354-5524.

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