307675 (v.2) Engineering Economics 401

Area:	Department of Electrical and Computer Engineering
Credits:	12.5
Contact Hours:	2.0
The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline.
Lecture:	1 x 1 Hours Weekly
Tutorial:	1 x 1 Hours Weekly
Syllabus:	The main objective of this half-unit is to provide engineering students with a practical insight of the principles of engineering economics. It deals with the analysis of the financial effects of engineering decisions by estimating and comparing the costand concept of time value of money, the projection of future cash flows of revenues and expenses, computations of rates of return, the selection of appropriate investment assessment methods such as present value, internal rate of return, and economic value added, the treatment of various cash flows, depreciation and taxes, direct and indirect costs, the analysis and management of risk, the analysis of financial statements and financing alternatives to pay for proposed engineering projects.
To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement.
Field of Education:	091901 Economics
SOLT (Online) Definitions*:	Informational *Extent to which this unit or thesis utilises online information
Result Type:	Grade/Mark

Availability

Availability Information has not been provided by the respective School or Area. Prospective students should contact the School or Area listed above for further information.