EGN 304 - Engineering Economics

Introduction to the approaches and methodologies associated with making engineering economic decisions while considering the ethical implications and dilemmas associated with these decisions. Methodologies and techniques covered include Pareto analysis, investment and cost analysis, time value of money, cash flow analysis, rate of return, cost-benefit and breakeven analysis, evaluation of alternatives under budget constraints, sensitivity analysis, expected value, replacement analysis and economic decision-making under uncertainty. Lecture 3 hrs.

Prerequisite(s): MAT 152.
Co-requisite(s):
Credits: 3

Meets the Following Core Requirement: Ethical Inquiry, Social Responsibility, and Citizenship
Course Typically Offered: Spring, Summer
Course Type: General Engineering