IE 341 Engineering Economics
Credit Information:
(3+0+2) 4
Description:
Economic analysis for engineering decision making; the finance function in an industrial
enterprise, time value of money; basic interest formulas; annual cost comparison; present value
analysis; rate of return; depreciation and taxes; multiple alternatives; mathematical models for
equipment replacement; introduction to decision analysis; concepts of cost engineering.
Offered by:
Syllabus:
