Understanding
economics are crucial for engineering
student because they are related in a way
both of them
supplement each other. It enable engineering student to
develop
products prior to the great economic changes.
Furthermore, economics can help
the engineer find ways to
reduce cost of product transportation from source to
destination. For example, reduce terminal cost and make
freight rate based on
railway cost. Moreover, they will see
through economic waste in their invention
and thus
preventing it from occurring in the community. They also
can develop
waterways which can reduce unit cost of hauling
freight from source to
destination. Besides that, the study of
economics give deep understanding on
the social conscience
as an engineer that think in terms of groups of men.
Engineering students who learn economics have broader
view and inspiration that
produces motivation that will drive
them as future engineer through all
failures of success that
are worthwhile.
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