ENGR 350 - Engineering Economics

Lecture Hours: 3
Lab Hours: 0
Credit Hours: 3
Terms Offered: Spring

Application of economic analysis techniques to analyze and compare engineering projects or other type of investments. Topics covered include principles of economic equivalence, time value of money, analysis of investments, comparison of alternatives, equipment depreciation and income taxes, inflation, and uncertainty. Prerequisite: MATH 131 or MATH 185. May be used to satisfy University Requirements.