ECONOMIC ENGINEERING

In the field of economic engineering, fundamental concepts from microeconomics are

combined with engineering expertise. Its main goal is to help decision-makers compare the
economic merits of various technological investment options. The methods used can be
applied to both individual investments and business ventures and range from the use of
standardized spreadsheets for cash flow evaluations to more complex processes, like risk
and uncertainty analysis.

Why apply Economic Engineering to the fishing industry?

There are numerous activities in the fishing industry that span the entire commercial
spectrum. Purchasing inputs, requesting loans, paying for labor, making a profit, and so on
are some examples. These mechanisms are visible throughout the entire fishery system,
including catch, processing, and commercialization. A better understanding requires a
characterization of the fishing sector, which is necessary for both artisanal and industrial
fisheries because both have unique characteristics.
A project with multiple goals is called an economic enterprise. Which, in theory, can be
divided into those that must be done in order to completely ensure self-sustainability and
those that are significant but not absolutely necessary for that goal.
Being economically self-sustaining, or being able to pay back the resources used and turn a
profit in a reasonable amount of time, is a crucial goal from an economic perspective. The
accomplishment of this goal is a prerequisite for the project's viability; otherwise, it would
fail when the initial funding dried up or the subsidies stopped. This Manual's analysis of
this goal takes up the majority of its pages. Not to be overlooked, though, are additional
requirements for self-sustainability in the case of the fishing industry.

Income Profile UNI (National University of Enginnering)

The following declarations are made regarding the Engineering in Economics and Business
career's curriculum design, which is in accordance with the UNI Educational Model. When
entering the workforce, students are expected to have the knowledge, skills, and attitudes
necessary to succeed in their studies and meet the demands of that field.
 UNI (National University of Enginnering)
BUSINESS AND ECONOMICS ENGINEERING
PLAN OF STUDY
FIRST YEAR
SEMESTER I SEMESTER II
 Business Administration I  Business Administration II
 Introduction to Economics  Analysis of the Nicaraguan Economy
 Philosophy  Sociology
 Mathematics I  Mathematics II
 * Technology and Environment  * Financial Accounting

SECOND YEAR
SEMESTER I SEMESTER II
 Statistics I  Statistics II
 Mathematics III  Mathematics IV
 Basic Microeconomics  Intermediate Microeconomics
 Finance I  Finance II
 * Cost Accounting  Basic Macroeconomics
 Economic Engineering I

THIRD YEAR
SEMESTER I SEMESTER II
 Multivariate Data Analysis  Professional Ethics
 Basic Econometrics  Intermediate Econometrics
 Advanced Microeconomics  Economic Research
 Intermediate Macroeconomics  Advanced Macroeconomics
 Macroeconomic Accounts  Mathematical Economics
 Nicaraguan Economic Legislation  Strategic Planning and Risk

FOURTH YEAR
SEMESTER I SEMESTER II
 Advanced Econometrics  Industrial Production and Organization
 Public Finance  Capital Markets and Banking
 Real International Economics  International Monetary Economics
 Operations Research  Marketing
 Culture of Peace and Human Rights

FIFTH YEAR
SEMESTER I SEMESTER II
 History of Economic Thought  Economic Development
 Project Formulation and Evaluation  Business Plans
 Economic Policy  Human Talent Management
 Economic Regulation  Elective II
 Elective I  Elective III