Engineering - Course - Engineering Economy

  • Course Code: INME221
  • Credits: 3
  • Hours Distribution: (3Crs.: 3Lec,0Lab)
  • Course Type: General Engineering (GE)

Course Description

Basics principles and techniques of economic analysis of engineering project, time value of money, cost allocation and estimation, evaluation of engineering projects and investments, depreciation, inflation, loan financing, after-tax cash flow analysis, selection among mutually exclusive alternatives using present worth, annual worth, internal rate of return, benefit to cost ratio.