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...Course material cst engineering economics and management sri chandrasekharendra saraswathi viswa maha vidyalaya department of computer science prepared by dr c k gomathy r poorvadevi cse scsvmv deemed to be university unit i nature its process contribution taylor fayol functions principles industrial ownership types formation merits demerits objective exception topics aim acquire knowledge facilitate the economic decision making on basic financial aspects develop skills analyze statements objectives this introduces concepts organisation structure an industry concept entrepreneurship cost analysis project definition highlights importance in helps engineers managerial is closely associated with conventional microeconomics but here focus problem solving at operational levels characteristics aligned micro devoted operations level can lead sub optimisation conditions which a solution satisfies tactical expense strategic effectiveness useful identify alternative uses limited resources select...