W1-L1.pdf - For today 1 Introductions 2 Syllabus/logistics...

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12/10/2017 1 Engineering Economic Analysis CIVE 240 Professor Spatari Week 1 Lecture 1 1 For today 1. Introductions 2. Syllabus/logistics Navigating the BB Learn webpage Writing intensive course 3. Why study Engineering Economic Analysis? 4. How is Eng Econ different from Introductory Economics? 5. Introductory concepts for course 2 Syllabus Refer to syllabus handout: 1. Objectives 2. Policies: expectations and procedures 3. Grade structure 4. Writing assignments 5. Homework schedule 6. Exams 3 4 Course Objectives By the end of the course you will be able to*: 1. Apply engineering logic to making economic decisions 2. Use cash flows to formulate economic choices 3. Choose among alternatives by using compound interest to convert cash flows to present worth, equivalent uniform amounts, rate of return, incremental analysis, or benefit/cost ratio 4. Do capital budgeting and financing of projects 5. Determine the capitalized cost required to provide a service indefinitely (e.g., infrastructure projects) 6. Understand principles of depreciating capital expenditures and the effect of taxes * Important for FE exam (Fundamentals of Engineering)
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12/10/2017 2 5 Course Objectives, cont.’d By the end of the course you will have: 1. an understanding of the importance of economic analysis to engineering 2. mastered quantitative methods to compare alternative engineering projects 3. applied these methods to real world problems 4. been introduced to methods for analyzing private and public sector projects 5. an appreciation for environmental, energy, and infrastructure economic issues 6 Student Learning Outcomes By the end of the course you will have: 1. An ability to apply knowledge of mathematics, science, and engineering 2. A recognition of the need for, and an ability to engate in life-long learning 3. A knowledge of contemporary issues 4. An ability to use the techniques, skills, and modern engineering tools necessary for engineering practic 7 Grade structure • Homework, 10% Writing assignments 20% Midterm exams (2,15% each) 30% Final exam 40% • Total 100% Grading Structure • A+ 96.6-100 • A 93.3-96.6 • A- 90-93.3 • B+ 86.7-90 • B 83.3-86.7 • B- 80-83.3 C+ 76.7-80 C 73.3-76.7 • C- 70-73.3 D+ 66.7-70 D 60-66.7 • F Below 60 8
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12/10/2017 3 Homework Assignments Completion of online homework counts for 10% of grade – HW assignments must be submitted before the beginning of the next lecture (e.g., Tuesday’s online HW due before Thursday class) – BB Learn assignments allow 2 attempts – Lowest 2 scores will be dropped; 2 in-class exams are planned and will account for 30% grade (15% per exam) 9 Writing Assignments CIVE 240 is a writing intensive course: students are encouraged to meet with a writing intensive tutor (WIT) at the writing center The goal of meeting and reviewing/discussing the assignment with the WIT is to: – Review your work with the WIT – Reflect on the WIT’s review of your paper and revise and improve the writing – The goal is not to simply have the WIT correct your grammar and spelling, but to improve the
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  • Winter '09
  • Spatari
  • Lecture 1, life cycle costs, Cive 240

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