Engineering Economics

Engineering economics: It involves formulating, estimating, and evaluating the economic outcomes and economic status when alternatives to accomplish a defined purpose are available. Some other topics that may be addressed in engineering economics are Value Engineering, Cost Engineering update, Tax Credits, and Investment Engineering.

Engineering economics is the application of economic techniques to the evaluation of design and engineering alternatives. The role of engineering economics is to assess the appropriateness of a given project, estimate its value, and justify it from an engineering standpoint. It is important to all fields of engineering because no matter how technically sound an engineering project is, It will fail if it is not economically feasible. Engineering economic analysis is often applied to various possible designs for an engineering project in order to choose the optimum design, thereby taking into account both technical and economic feasibility.

  • Value Engineering
  • Cost Engineering
  • Tax Credits and Accounting
  • Replacement and Maintenance analysis
  • Financial/Investment Engineering

Related Conference of Engineering Economics

20-21 June 2018

5th International Conference on Big Data Analysis and Data Mining

Holiday Inn Rome Aurelia Via Aurelia km 8,400 00165 ROMA Rome, Italy
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International Summit and Expo on Optical Fibre Communications

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European Conference on Computer Science & Engineering

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| Amsterdam, Netherlands
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5th International Conference and Expo on Computer Graphics & Animation

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September 26-27, 2018

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Chicago, Illinois, USA
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Chicago, Illinois, USA
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5th World Congress and Exhibition on Construction and Steel Structure

Los Angeles, California, USA
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