ENGINEERING ECONOMIC (4 Credits)
Learning Outcomes:
On successful completion of this course, student will be able to: understand and work problem that account for the time value of money, cash flows occurring at different times with different amount, and equivalence at different interest rates; evaluate most engineering project proposals using a well-accepted economic analysis technique, such as present worth, future worth, capitalized cost, life-cycle costing, annual worth, rate of; go beyond the basic alternative analysis tools that consideration the moving targets of change over time.
Topics:
- Introduction to engineering economy
- How time and interest affect money
- Combining Factors and Spreadsheet Function
- Nominal and effective interest rates
- Present Worth Analysis
- Annual Worth Analysis
- Rate of Return Analysis: One project
- Breakeven analysis
Published at :
SOCIAL MEDIA
Let’s relentlessly connected and get caught up each other.
Looking for tweets ...