ENGINEERING ECONOMY (2 Credits)

Learning Outcomes :

On successful completion of this course, student will be able to: Use basic engineering economy to calculate time value of money, different between present and future worth, interest rate; Create cashflow analysis for a project; Analyze investment decision criteria by using economic decision (IRR, NPV, Payback, Present Worth); Perform project accounting principles in calculating Revenue, EBITDA, EAT, and net profit

Topics :

Foundations of Engineering Economy; Time Value of Money; Nominal and Effective interest rate; Present Worth Analysis; Present Worth Analysis (2); Annual Worth Analysis; Investment Decision Criteria; Rate of Return Analysis; Benefit Cost Analysis • Breakeven and Payback; Case study investment; Depreciation and After tax analysis; Project presentation