SYEN 3301 - Engineering Economy

Three hours lecture. Three credit hours.

Introduction to engineering economic decisions for evaluating the worth of products, services, projects and systems; time value of money, economic equivalence concepts, comparison of investment alternatives, evaluating economic life and replacement analysis, inflation, depreciation and impact of taxes on engineering decisions, and economic risk analysis. Cross listed as CNMG 30203.

Prerequisites: MATH 12033, MATH 12033 or MATH 24004, or consent of instructor.