Engineering Economics and Decision Making: Green Growth Paper
The green growth paper is one of the written assignments for the Engineering Economics and Decision Making course. This course provides an overview of engineering economics and introduces some fundamental concepts such as the time value of money and inflation, which allow us to evaluate various projects and make fair decisions systematically.
Since there have been raising concerns for the environment and the sustainability of our economy, this paper aims to expand our understanding of Green Growth and how it can be incorporated in engineering economic analysis. The following topics are discussed extensively in this paper, including:
- Definitions of Green Growth and performance indicators
- Evaluation of Green Growth performance in different countries
- Case studies of Green Growth in engineering
To fully understand the fundamental concepts and the performance indicators of Green Growth, I researched and reviewed papers from reputable organizations such as Organisation for Economic Co-operation and Development (OCED) and Green Growth Knowledge Platform (GGKP). Also, I analyzed and compared multiple government reports and data from South Korea, China and the United States to evaluate the overall success in Green Growth in individual countries. From this assignment, I demonstrated the ability to research and organize high-quality information professionally and concisely. Also, I showed strong critical thinking skills by assessing the implementations of Green Growth in engineering design and practices around the world from the economic, environmental and social perspectives.