About the Book: Engineering Economy and Management
Engineering Economy and Management highlights the importance of economics and
management in engineering and helps engineers in managerial decision making. It
provides comprehensive coverage of the subject from basic principles to
state-of-the-art concepts and applications. This book is common to all students
in engineering discipline and is very useful in evaluating the economic merits
and demerits of various solutions to engineering problems. Engineering problems
may involve the decisions related to resources and their allocation. Engineering
economics is closely associated with conventional microeconomics; but here, its
focus is on problem solving at operational levels. .