September 2024

<h3>Engineering Economics/ 11-CS-1</h3><p>Engineering Economics refers to the application of economic principles in the analysis of alternatives in engineering practice. Topics include theoretical and conceptual financial project analysis; types and applications of engineering economic decisions; capital, cash flow, and the time value of money concepts; nominal and effective interest rates when considering loans, mortgages, and bonds; the application of present worth analysis, annual equivalent analysis and rate of return analysis in evaluating independent projects; analyzing lease vs. buy alternatives and making decisions; after-tax financial analysis requires understanding of capital cost allowance (depreciation) and corporate income tax; understanding methods of financing and capital budgeting; break-even, sensitivity and risk analyses.</p><h3>Textbooks (most recent edition is recommended):</h3><ul><li>Primary Text</li><li>Fraser, Niall; Jewkes, Elizabeth; Pirnia, Mehrdad; Schmitt, Ketra. Engineering Economics: Financial Decision Making for Engineers, Canadian Edition, Pearson Education Canada.</li><li>Secondary Text:</li><li>Newnan, Donald G.; Jones, John; Whittaker, John; Eschenbach, Ted G.; Lavelle, Jerome P. Engineering Economic Analysis, Oxford University Press.</li><li>French Text:</li><li>Park, Chan S. Analyse Economique en Ingenierie, Editions du Renouveau Pedagogique.</li><li>Web Resources:</li><li>Keywords: engineering economics, cost engineering, financial analysis</li><li>Organizations: International Cost Engineering Council, Association of Cost Engineers, Association for the Advancement of Cost Engineering</li></ul><h3>WHAT YOU'LL LEARN</h3><ul><li>Apply up-to-date concepts and methods of engineering economics in a Canadian setting.</li><li>Compare engineering projects and choose the one with the best prospects for success.</li><li>Calculate time-value equivalence, normal and effective interest rate, cash flows and other metrics.</li><li>Analyze financial statements, effect of inflation and leasing alternatives.</li><li>dentify and manage uncertainty and risk.</li></ul>

Engineering Economics (Recorded)

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11-CS-1- Engineering Economics (Recorded)

11-CS-1- Engineering Economics (Recorded) — Recorded, watch anytime · Enrollment opens soon

11-CS-1- Engineering Economics (Recorded)

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