Engineering economics is a subject that studies the economic effects of engineering technology practice activities. It can be used to study the economic benefits of various engineering and technical schemes, and to study how to obtain the expected output with the minimum input or how to obtain the maximum output with the same input during the use of various technologies; How to realize the necessary functions of products, operations and services with the lowest life cycle cost. Engineering economy is simple to say, but in fact there are many things to consider. The mind map of engineering economy will take a look with you. What aspects does the engineering economy need to be applied to?

Engineering economics needs to consider the time value of funds, financial benefits, financing, value engineering, scheme economic comparison, financial analysis and so on. The time value of funds should consider interest rate, cash flow chart, financial benefit, project classification, calculation period, financial benefit, construction investment, etc., and financing should consider capital cost, debt fund, internal financing, equal repayment of principal and interest, compensation, etc. Value engineering should consider value analysis, function analysis, etc., and plan economy must be selected, and it should be compared from different angles.

Financial analysis needs not only the perspective of financial analysis, but also the perspective of economic analysis. Everyone should have an understanding of financial analysis, mainly talking about economic analysis, social perspective, social discount rate, shadow price, exchange rate, wages, economic net present value ENPV, economic internal rate of return, economic benefit-cost ratio, and more importantly, uncertainty analysis.

There are many aspects to be considered in engineering economic analysis. I believe that there is such a mind map to guide you in engineering analysis, which will make your consideration more comprehensive and analysis more accurate. Why not?

This article refers to the source: engineering economic analysis of mind mapping, hoping to help you.