In the present work, particle creation mechanism has been employed to the Universe as a thermodynamical system. The Universe is considered to be a spatially flat FRW model and cosmic fluid is chosen as a perfect fluid with a barotropic equation of statep = (γ − 1)ρ. By proper choice of the particle creation rate, expressions for the entropy and temperature have been determined at various stages of evolution of the Universe. Finally, using the deceleration parameter q as a function of the redshift parameter z based on recent observations, the particle creation rate has been evaluated and its variation at different epochs have been shown graphically.