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1. Time value of money
2. Production of size and cost
3. Make or Buy principle
4. Rate if depression
5. Demand & supply including cost
6. Energy prices & Processing cost
7. Economics of alternative method of manufacturing
8. Economics of rule
By Asik Ali S
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∙ 11y ago
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What is engineering economics and what is the nature and scope of it in engineering perspective?
Engineering economics is the application of economic techniques to the evaluation of design and engineering alternatives.1 The role of engineering economics is to assess the appropriateness of a given project, estimate its value, and justify it from an engineering standpoint.
What is the engineering managerial economics?
Engineering economics is the body of knowledge devoted to the systematic evaluation of network of benefits resulting from proposed engineering and business ventures in relation to the expenditure associated with the undertaking.
What is the role of economics in engineering industry?
What_is_the_role_of_engineering_physics_in_engineeringin ecnomics
What is the Difference between economics and engineering economics?
Economics is the theory of how to best divide resources up between between agents to maximize their utility. Engineering economics would be the theory of how to design a product in the most cost-efficient and reliable way.
What are its chief characteristics of business economics?
profit
What is engineering economics and what is the nature and scope of it in engineering perspective?
Engineering economics is the application of economic techniques to the evaluation of design and engineering alternatives.1 The role of engineering economics is to assess the appropriateness of a given project, estimate its value, and justify it from an engineering standpoint.
What is the engineering managerial economics?
Engineering economics is the body of knowledge devoted to the systematic evaluation of network of benefits resulting from proposed engineering and business ventures in relation to the expenditure associated with the undertaking.
What universities in he US offer distance learning courses in engineering economics?
what universities offer courses in engineering economics through corespondence study
What is the role of economics in engineering industry?
What_is_the_role_of_engineering_physics_in_engineeringin ecnomics
How physics related to engineering?
Engineering is Applied Physics , Economics (affordability) and Art (think Apple).
What is the Difference between economics and engineering economics?
Economics is the theory of how to best divide resources up between between agents to maximize their utility. Engineering economics would be the theory of how to design a product in the most cost-efficient and reliable way.
Will I have difficulty in physics and engineering if I'm good at math and economics?
You'll certainly not have difficulty in physics and engineering BECAUSE you are good at math or economics; math, especially, is important in physics.
Can a mathematics major do well in physics and engineering if he is also good at economics?
Of course, there isn't a reason not to, because mathematics is the language of economics, science and engineering(with the exception of computer programming).
What are its chief characteristics of business economics?
profit
Will physics and engineering be hard if you are good at math and economics but not essays?
No
Is it bad for you to be excellent at math and will it hinder you in science economics or engineering?
NO
What is Princeton University famous for?
Princeton is famous for their engineering and economics
