and Run Engineering Economics on PC

Engineering Economics is a Education application developed by Softecks, but with the best Android emulator-LDPlayer, you can and play Engineering Economics on your computer.

Running Engineering Economics on your computer allows you to browse clearly on a large screen, and controlling the application with a mouse and keyboard is much faster than using touchscreen, all while never having to worry about device battery issues.

With multi-instance and synchronization features, you can even run multiple applications and s on your PC.

And file sharing makes sharing images, videos, and files incredibly easy.

Engineering Economics and run it on your PC. Enjoy the large screen and high-definition quality on your PC!

✴Engineering Economics is a subject of vital importance to Engineers. This subject helps one understand the need for the knowledge of Economics for being an effective manager and decision maker.✴

►The Economics theories are used to take decisions related to uncertain and changing business environment. Economics theories deal with the principles of demand, pricing, cost, production, competition, trade cycles, and national income and so on.✦

☆“Engineering Economics refers to those aspects of economics and its tools of analysis most relevant to the Engineer’s decision making process”.☆

❰❰ The seven-step procedures used to assist the decision making are: ❱❱

1. The recognition, definition and evaluation of the problem.

2. Search for potential as well as feasible alternatives.

3. Incorporating the basic cash flow approach.

4. Decision should serve the long term interest of the organisation.

5. Analysing the economic aspects of the engineering problem.

6. The preferred alternative is based on the total effort.

7. Attention to ensure for improvement of operation.

【 Topics Covered in this App are Listed Below 】

⇢ Engineering Economics: Meaning and Characteristics

⇢ Engineering Economics Overview

⇢ Cash-Flow Concepts

⇢ Cash-Flow Diagrams

⇢ Interest Calculations

⇢ Interest Factors

⇢ Present Worth

⇢ Interest Periods

⇢ Sinking fund factor

⇢ Capital recovery factor

⇢ Series present worth factor

⇢ Other Interest Calculation Concepts

⇢ Comparison of Alternatives

⇢ Discount Rate

⇢ Inflation and the discount rate

⇢ Present Worth

⇢ Annual Cost

⇢ Rate of Return

⇢ Benefit-Cost Analysis

⇢ Identification of Relevant Benefits and Costs

⇢ Measurement of Benefits and Costs

⇢ Selection of Best Alternative

⇢ Treatment of Uncertainty