syl3613

syl3613 - EGN 3613: ECONOMICS FOR ENGINEERS, SECTION 81607...

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Fall Semester, 2009 August 25 to December 10, 2009 Class Time Period: TTH 10:50 A.M. – 11:40 A.M. Classroom: 42/2105 2 credits. The course is an introduction to the economic tools necessary for basic business decision-making and project evaluation. The determination of prices and costs, the time value of money, cash flow and present worth analysis, rates of return, the effects of inflation, depreciation and tax effects, breakeven and benefit-cost analysis. Instructor: Dr. Paul M. Mason Office: 42/3003 Telephone: (904) 620-2640/2641 E-mail: pmason@unf.edu Homepage: http://www.unf.edu/~pmason Office Hours: TTH 9:50 – 10:45 and by appointment I. REQUIRED TEXTBOOKS Donald G. Newnan, Jerome P. Lavelle and Ted G. Eschenbach. Engineering Economic Analysis, Ninth edition or Tenth Edition. Dallas, Texas: Engineering Press, 2004 or 2008. II. OBJECTIVES AND APPROACH OF THE COURSE This course is designed to give the undergraduate engineering student an introduction to the tools needed for decision-making in a business environment, and for project evaluation. The course begins with a review of the market system and its role in establishing prices and costs. The time value of money is then covered in detail, as it relates to the cash flows associated with projects and investments. Included is the consideration of equivalence concepts, discount rates, present value, gradients, and internal rate of return. Both breakeven and benefit-cost analysis is then covered, along with the effects of taxes and depreciation. Classes are conducted using a combination of lecture and discussion, with ample opportunity for student reaction and interaction. Emphasis is placed upon the effective application of financial models. III. PREREQUISITES OF THE COURSE Students are expected to have successfully completed their general education requirements. IV. CLASSROOM PROTOCOL Because we must cover a lot of material in a short period of time, it is necessary that we all cooperate in using the time as efficiently as possible. Excessive chatter, horseplay, or other noise making that disturbs other students is not acceptable. Continued abuse will result in the offending students being removed from the classroom or from the course. Beepers and cellular telephones must be set to vibrate mode, so that they do not disturb the class. NO FOOD OR DRINKS ARE PERMITTED IN THE CLASSROOM! V.
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This note was uploaded on 07/29/2011 for the course EGN 3612 taught by Professor Staff during the Fall '09 term at UNF.

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syl3613 - EGN 3613: ECONOMICS FOR ENGINEERS, SECTION 81607...

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