Engineering Economics

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Engineering Economics

Subjects

  • Time Value of Money
  • Cost Concepts
  • Comparison of Alternatives(Present Worth, Annual Worth, Rate of Return, etc)
  • Depreciation Methods( Straight Line, Declining Balance, Double Declining Balance, etc)
  • Economic Analysis of projects in the public sector (Benefit-Cost Analysis)
  • Break-even, sensitivity and risk analysis
  • Inflation and purchasing power of money

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