“Engineering Economics” as the Source of Knowledge

Abstract

Economics and management develop very rapidly alongside with other scientific directions. This development has become especially evident after the restoration of independence in Lithuania. These changes are clearly expressed by the introduction of new managerial methods, economic forecasts, decision making, new technologies, information systems, etc. The journal “Engineering Economics” is aimed at presenting all these developments and changes to its readers by raising new hypotheses and giving scientific recommendations. The level of the papers presented in the journal as well as the number of the authors has increased. Moreover, the structure of the issue and the activity of the Editorial Board have changed. The Editorial Board has established very close relationships with the authors of the papers and the readers not only in the Republic but also in foreign countries. The inclusion of the journal into the international data base has played a very important role. It has become widely known abroad. Close cooperation has resulted in higher level of the papers presented. Considerable attention is being paid to engineering decision-making based on research, new methods and scientific experience. The publication of the journal calls for financial expenses being covered by Kaunas University of Technology. It could be very helpful that the Scientific Board of Lithuania also rendered some financial support.