An Integrated Model For Management And Economics Instruction For Engineers

In today’s global economy, the engineering function is more complex and multifaceted than conventional or traditional forms of organization. The organizations are continuously trying to adapt to changes not only in technology but also to changes in markets, regulations, financial innovations, changes in socioeconomic factors, and diverse work force (internally as well as externally). The computer and telecommunication revolution place technocrats in direct and closer contacts with internal workers, suppliers, competitors, and clients. Moreover, recent statistics show a significant shift of U. S. companies towards a more service-oriented global network and all these changing scenarios demand engineers with multiple roles of technology experts with efficient management skills. However, the technology education institutions have not focused on the need of educational training for our engineering or technology scientists to cope with their emerging role.