Engineering Economy Division

Members are involved in economic and investment analysis. The key concern of these industrial engineers is to improve productivity and quality through public and private sector decision making about the economic feasibility and justification of investments in technological innovations. Members receive Engineering Economy Solutions, a periodic electronic newsletter containing information on important new cost reduction techniques.

The Engineering Economist

The referred journal publishes articles, case studies, surveys, book and software reviews, and reader comments that represent current research, practice, and teaching involving capital investment. It is published quarterly by a joint partnership of the engineering economy divisions of the American Society of Engineering Education and the Institute of Industrial Engineers.

Wellington Award

The Wellington Award is a division award that is presented at the division business meeting held during the IIE Annual Conference and Expo.  The award recognizes outstanding contributions in the field of engineering economy. To nominate a candidate for the 2010 award, send a letter of nomination to Paul Kauffman, East Carolina University, Department of Engineering, 214 Slay Building, Greenville, NC 27858  by Jan. 31. 2010. 

The 2009 Wellington Award was presented at the 2009 Annual Conference in Miami to Adedeji Badiru, professor and head of Systems & Engineering Department, Air Force Institute of Technology, Wright Patterson Air Force Base, Dayton, Ohio. 

Best Paper Award

Congratulations to Levis R. Cabrera and German E. Giraldo of the University of Puerto Rico, winners of the best paper award for their paper titled "A Multiple Criteria Decision Analysis for the FDI in Latin-American Countries."  

Volunteer leadership is the heart of IIE and its technical divisions.