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No one can deny the economic relates to an important part of everyone’s life. In daily life, we always walk on the path of the economic strategy that set. So, this blog will describe you about the way of economy, the analysis of economy and how important of it accordingly.

Nowadays, economic analysis helps design and selects projects that contribute to the welfare of each country. By using the economic tools is the most useful to identify poor projects and poor project components, and guide the answers about the project’s impact and risk which we will provide you the key tools to support the analysis basis. Moreover, the other main ideas about the economic analysis in such the economic opportunity costs, the economic rate of return, the net present value ad more related topics you can figure out and gain more idea how to set up and prepare the “economic analysis” correctly and sustainability.

Though this point, you will realize that the “economic analysis” becomes an iterative process to define alternatives, drop poor project components, include new components, examines the alternatives from financial and economic point of view, compares them with the baseline and with each other.

For more information or any other points of view to share, please contact us at 
unchalee.hongsaon@gmail.com 

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