👉 Economics engineering is an interdisciplinary field that combines principles from economics, engineering, and management to optimize resource allocation, design efficient systems, and solve complex problems in various sectors. It focuses on understanding the economic implications of engineering decisions and processes, aiming to enhance productivity, reduce costs, and improve sustainability. By applying economic theories and models, engineers can analyze market dynamics, forecast demand, and make informed decisions regarding investments, production, and distribution. This field also addresses issues related to policy-making, environmental impact, and social welfare, ensuring that engineering solutions not only meet technical requirements but also align with economic goals and societal needs.
