2015-2016 Undergraduate Catalog 
    
    May 24, 2018  
2015-2016 Undergraduate Catalog [ARCHIVED CATALOG]

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IE 405 - Engineering Economic Analysis

3 Credit Hours
Role of engineering economy in engineering practice; principles of economic equivalence; time value of money and discounted cash-flow techniques; analysis of single and multiple investments; comparison of alternatives; capital recovery and tax implications; inflation; public sector analysis; cost estimation; depreciation schedules; break-even point concepts; decision making under uncertainty; risk analysis; introduction to investing in the financial market; basic accounting principles and financial statements including balance sheets, income statements, cost of goods sold statements, and business ratios.

Registration Restriction(s): College of Engineering or biosystems engineering majors.



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