Engineering economics analyzes engineering decisions through applying economic principles to determine the optimal choices. It focuses on using economic concepts in decision making for engineering projects. The field is concerned with using financial analysis to evaluate alternatives and make cost-effective decisions.
Engineering economics analyzes engineering decisions through applying economic principles to determine the optimal choices. It focuses on using economic concepts in decision making for engineering projects. The field is concerned with using financial analysis to evaluate alternatives and make cost-effective decisions.
Engineering economics analyzes engineering decisions through applying economic principles to determine the optimal choices. It focuses on using economic concepts in decision making for engineering projects. The field is concerned with using financial analysis to evaluate alternatives and make cost-effective decisions.