Academic Catalog

ENEE 300 Engineering Economics

This course highlights the relationship between economics and engineering. It discusses the different economic issues related to engineering projects such as budgeting, cost of operation and maintenance, salvage value, depreciation, payback, and taxation. Students learn to perform economic analysis methods like present worth, annual cost, rate of return (RoR), project life cycle, benefit-cost ratio to evaluating engineering projects from an economic point of view.

Credits

3

Prerequisite

EMTH 100

Offered

Semester 1 and 2