Thermoeconomics, also referred to as biophysical economics, is a school of heterodox economics that applies the laws of thermodynamics to economic theory. The term `thermoeconomics` was coined in 1962 by American engineer Myron Tribus, Thermoeconomics can be thought of as the statistical physics of economic value. == Basis == Thermoeconomics is .....
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http://en.wikipedia.org/wiki/Thermoeconomics
thermoeconomics The integration of thermodynamics and economics in order to make technical systems efficient, by finding the most economical solutions within the limits of what is technically possible.
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http://www.wordinfo.info/words/index/info/view_unit/4265/20
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