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Wikipedia Assignment #8

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Draft for Engineering economics (civil engineering)

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In engineering economics, the decision-making process is an important mechanism for business operations as it fosters critical thinking skills in process configurations, materials, production size and other economic factors.[1] Economic theory such as real and nominal time value of money, cost accounting, interest rates, economic fluctuations, and depreciation provides a foundation for engineers to make profitable decisions in the profession[1].

  1. ^ a b "Why do engineers use economics?". www.google.com. Retrieved 2019-03-04. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)