ME 309 Fundamentals of Engineering Economy

Fundamentals of engineering economy. Cost concepts. Time value of money and equivalence. Economic analysis of alternatives including present worth, annual worth, future worth, rate of return, and benefit-cost analysis. Depreciation and cost estimating. Uncertainty and risk.

Credits

2

Cross Listed Courses

Cross-list with CE 309, CHE 309, ECE 309

Prerequisite

Junior or senior standing

Offered

One semester