Engineering Economics
This section includes Topics, discussions, lessons, explanations , recent news, knowlage bases and principles related to Engineering Economics
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Life cycle costing in engineering
Life cycle costing (LCC) is a fundamental economic analysis tool in engineering that assesses the total cost of a product,…
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productivity in the economy
Productivity is not just an economic criterion and indicator. Productivity is a very important source of growth and competitiveness in…
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Capital management
Capital Management is a matter for most people. For many of them, the question of what capital management is is…
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Return On Investment ROI and Internal Rate of Return IRR
It’s essential to understand your potential returns when evaluating different investment options to meet your financial goals. For example, how…
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Bitcoin is experiencing its worst month ever
Things are not looking good for bitcoin. After being strong throughout the COVID-19 outbreak, the cryptocurrency just sank in a…
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Investors lost over $7 billion after selling Bitcoin
On June 18th, Bitcoin dipped to $17,592, almost a quarter of its valuation in November 2021. The world’s second most…
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Feasibility study of aluminum extrusions factory
The aluminum industry is considered one of the basic industries of our time due to the advantages of this metal…
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Definition of economics and economic problem
In any economic unit, whether it is an establishment or an institution, and in any economic society, regardless of the…
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Feasibility study of a blacksmithing workshop
A blacksmith’s workshop is one of the production and service projects of great importance, as it provides a variety of…
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Engineering economics textbook
The effective functioning of a business organization will enable it to provide goods/services at a lower price. In the process…
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