Professional Engineering Economics

Course objective

To provide comprehensive knowledge of engineering economics, focusing on business operations, financial project analysis and the impact of engineering decisions on a firm's financial viability, equipping engineers with theoretical foundations and modern decision-making tools including optimization and simulation to make informed financial decisions under uncertainty and risk.

Syllabus at a glance

1. 1Engineering Economics and Cost Concepts
2. 2Financial Statements
3. 3Interest Rate and Economic Equivalence
4. 4Project Evaluation Techniques
5. 5Depreciation
6. 6Income Tax and Discounted Cash-flow Models
7. 7Project Risk Analysis
8. 8Economic Analysis in Public Project