Category:Engineering economics
Engineering economics, previously known as engineering economy, is a subset of economics concerned with the use and "...application of economic principles"[1] in the analysis of engineering decisions.[2] As a discipline, it is focused on the branch of economics known as microeconomics in that it studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources. Thus, it focuses on the decision making process, its context and environment.[1] It is pragmatic by nature, integrating economic theory with engineering practice.[1]
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[edit]Subcategories
This category has only the following subcategory.
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Pages in category "Engineering economics"
The following 7 pages are in this category, out of 7 total. This list may not reflect recent changes.