| Code |
Course Name |
Language |
Type |
| END 312E |
Engineering Economics |
English |
Compulsory /
Elective |
| Local Credits |
ECTS |
Theoretical |
Tutorial |
Laboratory |
| 3 |
6 |
3 |
0 |
0 |
| Course Prerequisites and Class Restriction |
| Prerequisites |
None |
| Class Restriction |
None |
| Course Description |
| Cost and accounting terms. Terminology and cash flow diagrams. Interest factors and their use. Nominal and
effective interest rates. Continuous compounding. Present worth and capitalized cost analysis. Uniform annual
cash flow analysis. Rate of return analysis. Internal and external rates of return. Benefit / cost ratio analysis.
Payback period analysis. Replacement analysis. Inflation-interest relations. Depreciation. Depletion. After-tax
economic analysis. Breakeven analysis. Capital budgeting under budget constraints. Sensitivity analysis and
decision trees. Investment analyses under risk. |
|
