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Engineering economics — Fundamentals of Engineering Economy + 5 more topics

Comprehensive AI-generated study curriculum with 1 detailed note module.

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Course Syllabus

  1. Fundamentals of Engineering Economy
  2. Evaluating Single Project Alternatives
  3. Comparing Multiple Project Alternatives
  4. Depreciation, Taxes, and Inflation
  5. Risk, Uncertainty, and Advanced Topics
  6. Review and Case Studies

Study Notes

Fundamentals of Engineering Economy

Engineering economics is all about making sound decisions when money is involved in engineering projects. It combines engineering knowledge with economic principles to evaluate alternatives. The core idea is that money has a time value – a dollar today is worth more than a dollar tomorrow because you could invest it, or because of inflation.

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