Engineering Economics: Scientometric Analysis of the Subject Area
Engineering economics is located at the intersection of the science of economics and engineering practice, which means it attracts the attention of both fields. Engineering economics focuses on solving engineering problems and making decisions based on systematic cost-benefit analysis. Modern techno...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Peter the Great St. Petersburg Polytechnic University
2022-08-01
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| Series: | Sustainable Development and Engineering Economics |
| Subjects: | |
| Online Access: | https://sustainable.spbstu.ru/userfiles/files/2022/Vypusk-3-2022/3-5-(2).pdf |
| _version_ | 1811321015583637504 |
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| author | Tatiana Kudryavtseva Angi Skhvediani Viktoriia Brazovskaya Marina Dracheva |
| author_facet | Tatiana Kudryavtseva Angi Skhvediani Viktoriia Brazovskaya Marina Dracheva |
| author_sort | Tatiana Kudryavtseva |
| collection | DOAJ |
| description | Engineering economics is located at the intersection of the science of economics and engineering practice, which means it attracts the attention of both fields. Engineering economics focuses on solving engineering problems and making decisions based on systematic cost-benefit analysis. Modern technologies push for the development and implementation of new methods of efficiency evaluation, decision-making, risk analysis, etc. It is obvious that the number of studies related to engineering economics is constantly growing, but there is still a shortfall of systematic quantitative and visual studies in this area, which explains the relevance of this article. A keyword analysis and an analysis of co-authors were carried out using VOSviewer to carry out a scientometric study of engineering economics. The findings reveal that the central position in engineering economics is occupied by engineering and economic analysis, which is a combination of quantitative and qualitative methods for analysing differences in the economic efficiency of engineering alternatives. The most popular tools of engineering and economic analysis presented in scientific papers are risk analysis, cost-benefit analysis, replacement
analysis, break-even analysis, method of option valuation, analysis of equivalent annual costs, and annual cash flows. |
| first_indexed | 2024-04-13T13:09:33Z |
| format | Article |
| id | doaj.art-6917d8e846164c87a92ec2629fea79ed |
| institution | Directory Open Access Journal |
| issn | 2782-6333 |
| language | English |
| last_indexed | 2024-04-13T13:09:33Z |
| publishDate | 2022-08-01 |
| publisher | Peter the Great St. Petersburg Polytechnic University |
| record_format | Article |
| series | Sustainable Development and Engineering Economics |
| spelling | doaj.art-6917d8e846164c87a92ec2629fea79ed2022-12-22T02:45:39ZengPeter the Great St. Petersburg Polytechnic UniversitySustainable Development and Engineering Economics2782-63332022-08-013769310.48554/SDEE.2022.3.5Engineering Economics: Scientometric Analysis of the Subject AreaTatiana Kudryavtseva0https://orcid.org/0000-0003-1403-3447Angi Skhvediani1https://orcid.org/0000-0001-7171-7357Viktoriia Brazovskaya2https://orcid.org/0000-0002-9252-7410Marina Dracheva3Peter the Great St. Petersburg Polytechnic University, Russian FederationPeter the Great St. Petersburg Polytechnic University, Saint Petersburg, RussiaPeter the Great St. Petersburg Polytechnic University, Saint Petersburg, RussiaPeter the Great St. Petersburg Polytechnic University, Saint Petersburg, RussiaEngineering economics is located at the intersection of the science of economics and engineering practice, which means it attracts the attention of both fields. Engineering economics focuses on solving engineering problems and making decisions based on systematic cost-benefit analysis. Modern technologies push for the development and implementation of new methods of efficiency evaluation, decision-making, risk analysis, etc. It is obvious that the number of studies related to engineering economics is constantly growing, but there is still a shortfall of systematic quantitative and visual studies in this area, which explains the relevance of this article. A keyword analysis and an analysis of co-authors were carried out using VOSviewer to carry out a scientometric study of engineering economics. The findings reveal that the central position in engineering economics is occupied by engineering and economic analysis, which is a combination of quantitative and qualitative methods for analysing differences in the economic efficiency of engineering alternatives. The most popular tools of engineering and economic analysis presented in scientific papers are risk analysis, cost-benefit analysis, replacement analysis, break-even analysis, method of option valuation, analysis of equivalent annual costs, and annual cash flows.https://sustainable.spbstu.ru/userfiles/files/2022/Vypusk-3-2022/3-5-(2).pdfengineering economicsengineering economics analysisliterature reviewscientometric analysisvisualisation |
| spellingShingle | Tatiana Kudryavtseva Angi Skhvediani Viktoriia Brazovskaya Marina Dracheva Engineering Economics: Scientometric Analysis of the Subject Area Sustainable Development and Engineering Economics engineering economics engineering economics analysis literature review scientometric analysis visualisation |
| title | Engineering Economics: Scientometric Analysis of the Subject Area |
| title_full | Engineering Economics: Scientometric Analysis of the Subject Area |
| title_fullStr | Engineering Economics: Scientometric Analysis of the Subject Area |
| title_full_unstemmed | Engineering Economics: Scientometric Analysis of the Subject Area |
| title_short | Engineering Economics: Scientometric Analysis of the Subject Area |
| title_sort | engineering economics scientometric analysis of the subject area |
| topic | engineering economics engineering economics analysis literature review scientometric analysis visualisation |
| url | https://sustainable.spbstu.ru/userfiles/files/2022/Vypusk-3-2022/3-5-(2).pdf |
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