Units: 4
Hours: Lecture, 3 hours; discussion, 1 hour
Catalog page 360
Prerequisites: none
Description: Covers economic decisions involving engineering alternatives. Topics include time value of money, annual cost, present worth, rate of return, and benefit-to-cost. Addresses before and after tax replacement economy, organizational financing, break-even analysis, risk analysis, and capital budgeting.
Cross-listing: Cross-listed with ECON 060.