ECN 801
Principles of Engineering Economics
Engineering economics is concerned with the problem of investment decision making or capital expenditure analysis. An "investment" problem involves making a decision to allocate financial resources to acquire productive assets that will generate cash flows in future time periods. Engineering economics seeks to develop and apply a logically consistent methodology for evaluating investment projects. Discounted cash flow methods are used in analyzing such projects. In this course we will assume certain cash flows and ignore taxation implications. After developing the mathematics of cash flow equivalence, absolute and relative measures of project worth will be developed and applied to individual and multiple projects. The emphasis will be on private project decisions, but similar methods will be applied to public sector projects.
Tell us about ECN 801.
ECN 801 Reviews (1)
4.0
  • Not Birdy
  • Recommended
  • Not Useful
This is not a difficult course. Just do the recommended problems and understand the examples the professor does in class. The problems are done the exact same way and the quizzes and exams have very similar questions. The midterm is significantly easier than the final, so if you do very well in the final, you can afford to just get a 50 or even lower on the final if you only care about passing the class.
0 people found this review helpful.
2024-05-07 19:48:42.195644
Bird
Total Statistics
0% of people found this course birdy.

0%

Recommend
Total Statistics
100% of people recommend this course.

100%

Useful
Total Statistics
0% of people found this course useful.

0%