SIME5560

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Engineering Economic Analysis

Mechanical Engineering EN - J & M Price College of Eng.

Description

This course focuses on financial decision making for both industry and individuals. Topics covered include: time value of money, loans, present worth analysis, rates of return, benefit-to-cost ratio, taxes, probabilistic cash flows, simulation of cash flows, decision analysis and decision trees.

Minimum Credits

3

Maximum Credits

3

Repeat for Credit

No

Required Requisite(s):

Prerequisites: 'C' or better (ME EN 2550 OR MATH 3070 OR BME 3070 OR CH EN 2550 OR CS 3130 OR ECE 3530 OR MET E 3070 OR OSC 2030) AND (Major status in the College of Engineering OR College of Mines OR College of Science).

Semesters Typically Offered

Summer

Cross Listed Courses