The article investigates the economic aspects of the functioning and development of engineering education in Russia. The relevance of this issue is determined by the active innovative development of our society, in accordance with global trends, as well as the requirements for graduates of engineering specialties. Innovative development is impossible without modernization of engineering education as one of the main components of innovation processes. All this has a significant impact on the economic development of the country and its position on the world market. In this regard, the purpose of this research is to study functioning conditions of engineering education in Russia. The analysis has shown the relevance of a comprehensive study of the engineering education development, which is confirmed by the geography of scientific publications. In the course of the study, the authors identified the following development areas of engineering education in Russia: using the knowledge and experience of the old school personnel to update educational programs, expanding the area of interests of engineering education in the country, focusing on retaining scientific and practical personnel in the country and, as a result, forming a personnel reserve, expanding student exchange programs and using existing laboratories and centers to exchange experience and use it in practical tasks to improve the quality of the educational process.
ECONOMIC CONDITIONS OF FUNCTIONING AND DEVELOPMENT OF ENGINEERING EDUCATION IN RUSSIA