Apr 20, 2024  
2015-2016 Undergraduate Catalog 
    
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2015-2016 Undergraduate Catalog [ARCHIVED CATALOG]

ECON 3302 - Fundamentals of Engineering Economy


3 3 0
Prerequisite(s): ECON 2301 , ECON 2302 , and MATH 1314  or MATH 1316  or MATH 1324  or MATH 2412  or MATH 2413 . Introduction to concepts of economic analysis applied to engineering problems. Topics include cost and design comparison; time value of money; comparison of alternatives; depreciation of tax implications; economic evaluation of projects; risk and uncertainty; replacement analysis; and capital financing.