Master of Business Administration Engineering Economics By research via distance learning

This engineering economics program covers the systematic evaluation of costs and benefits of projects involving engineering design and analysis. Engineering economics quantifies the benefits and costs associated with projects to determine if they save enough money to account for their capital investment. Engineering economics has many advantages because it allows those working in industry to make strategic economic decisions for their companies. If on one hand macroeconomic and financial skills are critical to business operations, on the other, engineering economics provides an additional element of insight into the mechanism that governs decision making.