{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

ISE2014_Class1 - Like a physical tool practice is the only...

Info iconThis preview shows pages 1–9. Sign up to view the full content.

View Full Document Right Arrow Icon
Click to edit Master subtitle style ISE 2014 Engineering Econ Fall 2010 Class 1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
The Team Instructor Kevin Grove ([email protected]) Coursework GTAs Cory Brozina ([email protected]) Jose Jimenez ([email protected]) Administrative GTA
Background image of page 2
The Course Objectives Understand how to use money and interest rates to model financial decisions Acquire a toolbox for handling financial decisions on a project Use these tools to evaluate alternatives
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
The Syllabus
Background image of page 4
The Toolbox Approach As the semester progresses, your toolbox and the scope of problems you can handle will grow As the instructor, its my responsibility to both provide you with the tools and help
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 6
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Background image of page 8
Background image of page 9
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Like a physical tool, practice is the only way to truly become proficient! Money and Interest Which do you think is older? Hint : We have records of one dating back to 1600BC and the other to 600BC Answer: Interest – 1,600 BC in Sippar (Mesopotamia) Why do these matter? Finance isn’t just for accounting departments! It’s the most practical method we have for analyzing decisions Money allows us to quantify the costs and benefits of decisions Interest allows us make valid Next class - Money For Next Class: • Read Chapter 1 (short)...
View Full Document

{[ snackBarMessage ]}