Engineering economics

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Engineering Economics | AboutCivil.Org

Engineering economics principles focus on the process used to make an economics-based decision, not on the decision itself. Engineering economics plays an important role for business owners because it helps identify the steps required to make well-thought out decisions such as whether to lease or purchase office space, ...

Engineering Economics Inc. - Home - EEI professional ...

Economic studies, which are much more common outside of engineering economics, are still used from time to time to determine feasibility and utility of certain projects. They do not, however, truly reflect the "common notion" of economic studies, which is fixated upon macroeconomics, something engineers have little interaction with.