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the relevance of the Subject Engineering Economics (ES 5) to the Agricultural and Biosystems Engineering profession? ?

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  • 2 months ago
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    So there is this thing they do in all of the business world.  If you exchange goods, you exchange money.  In agriculture, you grow and raise food.  It costs you money to do that.  You get money for that food.  Engineering economics might help you figure out if you can get more than you spent.

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  • 2 months ago

    I would imagine that Engineering economics is useful somewhere for something like  estimating cost.

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  • 2 months ago

    One of the basic tenets of the engineering profession is to be cost effective . You can only do that if you fully understand economics and how it applies to your work.

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