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Understanding Industrial Economics Basics by Abdul Razzaque is a document available to read on EtoBox.

1. The document discusses the definition and scope of economics and industrial economics. Industrial economics applies economic principles to engineering and industrial problems such as capital cost calculation, production costing, investment returns analysis, and project selection and comparison. 2. The key topics covered in the course include cost estimation, time value of money, and measures of profitability. Cost estimation is important for project evaluation, selection among alternatives, and optimiza

Author

Abdul Razzaque

Language

EN