The course Fundamentals of Economic Engineering offers you a unique opportunity to delve into a field that is booming and has become essential for decision-making strategic decisions in companies of all sizes. Economic engineering combines concepts from macroeconomics and microeconomics through a detailed analysis of investment projects, enabling you to acquire the key skills needed to assess the feasibility and profitability business projects. This course will provide you with the tools you need to interpret and apply economic principles in real-world contexts, enhancing your analytical and decision-making skills. The growing demand for qualified professionals in this field reflects the importance of having experts who can optimise resources and maximise profits. Taking this course will put you in a prime position to lead significant economic changes within any organisation.
Fundamentals of Economic Engineering
Corporate
40 hours
Introduction
Objectives
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Understanding the fundamentals basics of economic engineering.
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To analyse the relationship between macroeconomics and economic engineering.
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Interpreting concepts microeconomic applied to economic engineering.
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Evaluate investment projects using tools such as economic engineering.
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Apply techniques for assessment economic in engineering contexts.
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Identify opportunities to economic recovery in investment projects.
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To assess the economic impact of decisions in engineering projects.
Table of Contents
TEACHING UNIT 1. FUNDAMENTALS OF ECONOMIC ENGINEERING
From Economic Theory to Economic Engineering
Factors of production and economic sectors
The circular flow of the economy
The colours of the economy
Other current economic approaches
TEACHING UNIT 2. FROM MACROECONOMICS TO ECONOMIC ENGINEERING
From Macroeconomics to Economic Engineering
Employment
Inflation
What is the exchange rate?
The trade balance
TEACHING UNIT 3. FROM MICROECONOMIC ANALYSIS TO ECONOMIC ENGINEERING
Microeconomic analysis
Monopoly and oligopoly markets
Definition of supply
The claim
Market equilibrium
TEACHING UNIT 4. ECONOMIC ENGINEERING AND INVESTMENT PROJECTS
Theoretical Foundations of Economic Engineering
Principles of Economic Engineering
Basic elements of an economic engineering study
Cost of capital
Economic Engineering and Investment Projects