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Socio-Technical Systems (STS) represent a complex interplay between engineering and economics, encompassing the interaction of technological components with social, organizational, and economic factors. This research aims to investigate the dynamics and implications of STS in the context of engineering and economics. By employing an interdisciplinary approach, it seeks to understand the reciprocal influences between engineering and economics within STS and explore the challenges and opportunities arising from this nexus. The research will draw on quantitative and qualitative methods, including data analysis, case studies, and stakeholder interviews, to provide a comprehensive understanding of the role of STS in driving socio-economic outcomes. The findings will inform decision-making processes, policy development, and future research directions in the fields of engineering and economics.
