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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