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Applied Economics Office

 

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The focus of AEO's research and technical assistance is microeconomic analysis. The AEO provides information to decision makers in the public and private sectors who require advancements in measurement science in the areas of sustainability, energy conservation, community disaster resilience, construction, manufacturing, and safety. It also develops and conducts prototype training programs in applied economics for scientists and engineers.
 

News and Updates

Projects and Programs

Metrics and Tools for Construction Productivity Project

Ongoing
What is the problem? Although the construction industry is a major sector of the U.S. economy, it has experienced a perceived period of decline in productivity[1]. Due to the critical lack of measurement methods, however, the magnitude of the productivity problem in the construction industry is

Metrics and Tools for Sustainable Buildings

Ongoing
Objective: Develop, integrate, apply, and deploy measurement science assessing the sustainability performance of energy technologies and systems in an integrated building design and operation context, and provide the necessary information to stakeholders to make more sustainable choices in

Publications

Software

Smart Investment Tool

This tool calculates metrics for investment analysis documented in NIST Advanced manufacturing Series 200-5. It calculates net present value, internal rate of

Building Life Cycle Cost Programs

The National Institute of Standards and Technology (NIST) developed the Building Life Cycle Cost (BLCC) Programs to provide computational support for the

Contacts