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ENGINEERING ECONOMY AND COST ANALYSIS II (IE347-EN) comes from Industrial Engineering. This course is conducted to have a clear concept of economic analysis for engineering and managerial decision making. Along with that this course includes techniques for measuring the value of prospective projects, investment opportunities and design choices.

Assessment

This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.

Certification

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Course Credit: Middle East Technical University

Course Curriculum

Module: 1
Time Value of Money and Economic Equivalence 00:15:00
Engineering Economy Factors 00:25:00
Nominal and Effective Rates 00:20:00
Present Worth Analysis 00:20:00
Annual Worth Analysis 00:05:00
Determination of Rate of Return 00:25:00
Resolution of Multiple Rates of Return 00:35:00
Module: 2
Decision Rules in Rate of Return Analysis 00:15:00
Benefit/Cost Analysis 00:10:00
Capital Budgeting 00:10:00
Inflation and Index Numbers 00:25:00
Replacement Analysis 00:15:00
After Tax Economic Analysis 00:15:00
Assessment
Submit Your Assignment 00:00:00
Certification 00:00:00

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