EST 392 - Engineering Economics

This course has a systems analysis approach to problems of planning and design in manufacturing and technical sectors of industry, using principles of cash flow equivalencies. It covers aspects of engineering alternatives through financial concepts including time value of money, annual cost, present worth, incremental rate of return and cost-benefit analysis, analysis of various types of cash flows, development of rate of return, benefit-to-cost ratios, depreciation and the effects of investment tax assessment. Capital allocation theory is used to evaluate competing investment programs.

3 credits

Prerequisite(s): MAT 127  or MAT 132  or AMS 161 ; TSM, CIV, or MEC major

Advisory Preq: EST 391 ; EST 393  

DEC: F

SBC: SBS


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