1 - Carleton University DEPARTMENT OF CIVIL AND...

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Carleton University DEPARTMENT OF CIVIL AND ENVIRONMENTAL ENGINEERING ECOR3800B - Engineering Economics COURSE (LEARNING) OBJECTIVES The learning objectives of this course are: 1. To introduce the concepts and methods of engineering economics. 2. To develop the required skills in economic analysis to make sound economic and financial decisions. 3. To improve the efficient use of available resources in engineering projects. It is expected that this course will bring into focus both concepts and methods of valuation of resources (human resources, machinery, materials and money) and the essential elements of the procedures used in economic analysis. January 2010
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-2- Carleton University DEPARTMENT OF CIVIL AND ENVIRONMENTAL ENGINEERING COURSE OUTLINE ECOR 3800B Hours Per Week Engineering Economics Lect./Lab./P.A. Winter Term, 2010 3 0 0 WEEK TOPIC TEXT BOOK CHAPTERS 1 Introduction to Engineering Economics : Resources and the role of the engineer. Fundamental economic and problem-solving concepts. Engineering economic decisions. Chapter 1 2 Time Value of Money : Types of interest. Cash flow. Calculation of time-value equivalencies. Chapter 2 3,4 Economic Comparison of Alternatives : Present worth comparisons. Equivalent annual-worth comparisons. Rate of return calculations.
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1 - Carleton University DEPARTMENT OF CIVIL AND...

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