What are the common types of engineering economic decision? give an example of each. Briefly describe the fundamental principles of engineering economics
i use this book 5ed or 6ed :
Chan S. Park, Contemporary Engineering Economics, 6th edition
Both Veblen on one hand and Kahneman and Tversky oon the other hand challenged standard neoclassical notions of rationality. Explain the similarities and differences between Institutional Economics (Veblen) and Behavioral Economics (Kahneman and Tversky). Which presents a more fundamental challenge to neoclassical economics? Explain.
SECTION E: ANSWER ONLY ONE QUESTION 1. "Economics and personal finance are intertwine". Outline and briefly discuss five reasons why to practice good financial management demands the understanding of economics (20 marks)SECTION E: ANSWER ONLY ONE QUESTION 1. "Economics and personal finance are intertwine". Outline and briefly discuss five reasons why to practice good financial management demands the understanding of economics (20 marks)History for 'Chapter 18 Homework' Item: Chapter 18 Homework Score: 87% (Calculated) Due: Sunday, May 9, 2021 6:00 PM Due (late): Monday, May 10, 2021 6:00 PM Submitted: Monday, March 8, 2021 2:38 PM Answers: x 1. Match the starting and mid-career salaries with each of the following majors or double majors: Business (General), Finance, Accounting, Economics, Business & Economics, Accounting & Economics, Finance & Economics. fv 1. Business a. $59,500/$116,800 (General) cy 2. Finance b. $51,000/$88,000 by 3. Accounting c. $47,300/$87,300 gv 4. Economics d. $55,600/$98,600 ev 5. Business & Economics e. $55,500/$110,600 av 6. Accounting & f. $59,100/$107,500 Economics dy 7. Finance & g. $56,700/$107,800 EconomicsA professor records the majors of her 30 students as follows: Accounting Economics Undecided Finance Management Management Finance Marketing Economics Management Marketing Finance Marketing Accounting Finance Finance Undecided Management Undecided Economics Economics Accounting Management Undecided Economics Accounting Economics Management Accounting Economics Click here for the Excel Data File o. What is the measurement scale of these data? O Interval O Ordinal ONominal RatioQuestion 6 "Behavioral Finance" is actually the combination of two different academic fields: and Behavior, Finance Gambling Studies, Finance Economics, Finance Behavioral Psychology, Finance Cognitive Psychology, Finance