An introduction to engineering economics and decision analysis. Topics include: fundamental economic concepts, cost concepts, time value of money operations, comparison of alternatives, depreciation and income tax, economic analysis of projects in the public and private sectors; break-even analysis, sensitivity and risk analysis, decision models. Weekly hours: 3 Lecture hoursPrerequisite(s) or Corequisite(s): EN Two Year Common Core.
An introduction to engineering economics and decision analysis. Topics include: fundamental economic concepts, cost concepts, time value of money operations, comparison of alternatives, depreciation and income tax, economic analysis of projects in the public and private sectors; break-even analysis, sensitivity and risk analysis, decision models. Weekly hours: 3 Lecture hoursPrerequisite(s) or Corequisite(s): EN Two Year Common Core.