307675 (v.1) Engineering Economics 401

Area:

Faculty of Engineering and Computing

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

Funding Cluster:

02 - Accounting, Administration, Economics, Commerce

SOLT (Online) Definitions*:

Informational
*Extent to which this unit or thesis utilises online information

Result Type:

Grade/Mark

Availability

Year	Location	Period	Internal	Partially Online Internal	Area External	Central External	Fully Online
2006	Bentley Campus	Semester 1	Y	Y
2006	Bentley Campus	Semester 2	Y	Y
2006	Miri Sarawak Campus	Semester 1	Y	Y
2006	Miri Sarawak Campus	Semester 2	Y	Y

Area External	refers to external course/units run by the School or Department or offered by research.
Central External	refers to external and online course/units run through the Curtin Bentley-based Distance Education Area
Partially Online Internal	refers to some (a portion of) learning provided by interacting with or downloading pre-packaged material from the Internet but with regular and ongoing participation with a face-to-face component retained. Excludes partially online internal course/units run through the Curtin Bentley-based Distance Education Area which remain Central External
Fully Online	refers to the main (larger portion of) mode of learning provided via Internet interaction (including the downloading of pre-packaged material on the Internet). Excludes online course/units run through the Curtin Bentley-based Distance Education Area which remain Central External