| Code |
Course Name |
Language |
Type |
| SEN 305 |
Engineering Economy |
English |
Compulsory |
| Local Credits |
ECTS |
Theoretical |
Tutorial |
Laboratory |
| 3 |
5 |
3 |
0 |
0 |
| Course Prerequisites and Class Restriction |
| Prerequisites |
None |
| Class Restriction |
None |
| Course Description |
| Terminology and cash flow diagrams. Interest factors and their use. Nominal and effective interest rates.
Continuous compounding. Present worth and capitalized cost analysis. Uniform annual cash flow analysis. Rate of
return analysis. Internal and external rates of return. Benefit / cost ratio analysis. Replacement analysis. Inflation-
interest relations. Depreciation. Depletion. After-tax economic analysis. Breakeven analysis. Capital budgeting
under budget constraints. Sensitivity analysis and decision trees. Statistical evaluation techniques. |
|
