ENCE307
Engineering Economics
3credits
100total marks
Course objective
The course provides concepts of economic principles and the economic environment at the project, firm, societal, and national levels, enabling students to apply economic theories for informed decision-making in engineering contexts.
Syllabus at a glance
- 1Introduction
- 2Market Economics
- 3Cost
- 4Time Value of Money
- 5Methods of Economic Analysis
- 6Replacement Analysis
- 7Risk Analysis
- 8Depreciation and Taxes
- 9Measurement of National Income