ECON4000 (v.1) Engineering Economics
| Area: | Department of Electrical and Computer Engineering |
|---|---|
| Credits: | 12.5 |
| Contact Hours: | 2.0 |
| TUITION PATTERNS: | The tuition pattern provides details of the types of classes and their duration. This is to be used as a guide only. Precise information is included in the unit outline. |
| Lecture: | 1 x 1 Hours Weekly |
| Tutorial: | 1 x 1 Hours Weekly |
| Equivalent(s): |
307675 (v.2)
Engineering Economics 401
or any previous version
|
| UNIT REFERENCES, TEXTS, OUTCOMES AND ASSESSMENT DETAILS: | The most up-to-date information about unit references, texts and outcomes, will be provided in the unit outline. |
| 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 cost and 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. |
| Field of Education: | 091901 Economics |
| Result Type: | Grade/Mark |
Availability
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