Tutorial 2
Multiple Choice
Identify the choice that best completes the statement or answers the question.
Figure 4-3
_
1. Refer to the Figure 4-3. In this market, what are the equilibrium price and quantity?
a. $14 and 70
b. $12 and 40
c. $10 and 50
d. $8
Formulae Used In Engineering Economics
Final Exam Formula Sheet
Future Value
FV PV (1 i ) N
F = P (F/P, i, N)
Present Value
PV FV (1 i) N
P = F (P/F, i, N)
Future Value of an Annuity
F =A (F/A, i, N)
(1 i ) N 1
FV A
i
Future Value of an Annuity Due
(1
ECON 209: WORKSHEET #4.
K. Pinno Winter 2015
WORKSHEET #4
Engineering Economics 209
Instructor: K Pinno
1)
Winter 2015.
Two alternative cleaning machines are being considered as replacements for an older,
worn out cleaner. The cleaning machines are used b
ECON 209: EQUIVALENCE AND INTEREST FORMULAS
Douglas McClintock - Worksheet #2
Winter 2013
ENGINEERING ECONOMICS 209
WORKSHEET 2
EQIVALENCE AND INTEREST FORMULAS
Instructor: Mr. D. McClintock
1)
A customer buys a $1,000 Canada Savings bond that pays 8 % si
ECON 209: WORKSHEET #4.
D. McClintock: Winter 2013
WORKSHEET #4
Engineering Economics 209
Instructor: D. McClintock
1)
Winter 2013.
Two alternative cleaning machines are being considered as replacements for an older,
worn out cleaner. The cleaning machine
University of Calgary Econ 209
D. McClintock: Worksheet #3
Winter 2013
WORKSHEET #3
Effective rates, loans and Mortgages
1.
Calculate the effective annual interest rate if the nominal interest rate (APR) of 12% is
compounded: a) annually; b) semi-annually
ECON 209: EQUIVALENCE AND INTEREST FORMULAS
Douglas McClintock - Worksheet #2
2014
ENGINEERING ECONOMICS 209
WORKSHEET 2
EQIVALENCE AND INTEREST FORMULAS
Instructor: Mr. D. McClintock
1)
A customer buys a $1,000 Canada Savings bond that pays 8 % simple in
2014
ECON 209: EQUIVALENCE AND INTEREST FORMULAS
Worksheet #2 Answer Key
ECONOMICS 209 - WORKSHEET 2
ANSWER KEY
EQIVALENCE AND INTEREST FORMULAS
Instructor: Mr. D. McClintock
Note: Its a good idea to use a timeline for many of these problems.
1)
A custome
ECON 209: WORKSHEET #4. ANSWER KEY
D. McClintock:
WORKSHEET #4
Engineering Economics 209
ANSWER KEY
Instructor: D. McClintock
1)
Two alternative cleaning machines are being considered as replacements for an older,
worn out cleaner. The cleaning machines a
ECON 209: WORKSHEET #5.
D. McClintock:
WORKSHEET #5
Engineering Economics 209
Instructor: D. McClintock
1)
Winter 2014.
Syncrude is considering the purchase of a metal lathe machine for its maintenance shop.
The lathe is expected to save the company $130,
Engineering Economics 209: Worksheet One
Instructor: Douglas McClintock
Winter 2011
UNIVERSITY OF CALGARY
Economics 209
WORKSHEET #1
Winter 2011
Question One
Determine whether the following statements are True or False and give a brief (one sentence)
expl
ENGG/ECON 209 (03,04)
, sziia
R.C. Schlenker I _ March 2, 2004
The owner of an ofce building needs to replace the existing elevator system. The rst option
(Option A) involves an initial expense of $800,000. Operating and maintenance costs are expected
t
ECON 209: WORKSHEET #5. ANSWER KEY
K. Pinno:
WORKSHEET #5
Engineering Economics 209
ANSWER KEY
Instructor: K. Pinno
1)
Winter 2015.
Syncrude is considering the purchase of a metal lathe machine for its maintenance shop.
The lathe is expected to save the c
ECON 209: WORKSHEET #5.
K. Pinno:
WORKSHEET #5
Engineering Economics 209
Instructor: D. McClintock
1)
Winter 2015
Syncrude is considering the purchase of a metal lathe machine for its maintenance shop.
The lathe is expected to save the company $130,000 pe
Tutorial 1 Econ 209
Multiple Choice
Identify the choice that best completes the statement or answers the question.
_
1. Which word comes from the Greek word for one who manages a household?
a. market
b. consumer
c. producer
d. economy
_
2. For society, wh
Gimme Shelter: Expect More Volatility in Oil Demand for the Next Decade
Karl Pinno
Published in Geopolitics of Energy, November 2011
Systemic imbalances in the global economy are forming, creating the potential for a category five
hurricane of volatility
Department of Economics
Faculty of Arts
Economics 209 (L01) (Engineering Economics)
Instructor:
Phone:
Karl Pinno
220-5886
Email:
kpinno@shaw.ca
Office:
Office Hours:
SS 405
by appointment or right after class
Lecture Location:
Lecture Days/Time:
TUT 1 T
University of Calgary: Econ 209
D. McClintock: Worksheet #3: Answer Key
Winter 2013
WORKSHEET #3
Effective rates, loans and Mortgages
ANSWER KEY
1.
Calculate the effective annual interest rate if the nominal interest rate (APR) of 12% is
compounded: a) an
ECON 209: EQUIV ALEN CE AND INTEREST FORMULAS
February 24, 2015
ENGINEERING ECONOMICS 209 WORKSHEET
EQIVALENCE AND INTEREST FORMULAS
INSTRUCTOR: KARL PINNO
WINTER 2015
1)
A customer buys a $1,000 Canada Savings bond that pays 8 Yi % simple interest for fi
ECON 209: WORKSHEET #5. ANSWER KEY
D. McClintock:
WORKSHEET #5
Engineering Economics 209
ANSWER KEY
Instructor: D. McClintock
1)
Winter 2014.
Syncrude is considering the purchase of a metal lathe machine for its maintenance shop.
The lathe is expected to
University of Calgary Econ 209
D. McClintock: Worksheet #3
2014
WORKSHEET #3
Effective rates, loans and Mortgages
1.
Calculate the effective annual interest rate if the nominal interest rate (APR) of 12% is
compounded: a) annually; b) semi-annually; c) qu
University of Calgary: Econ 209
D. McClintock: Worksheet #3: Answer Key
2014
WORKSHEET #3
Effective rates, loans and Mortgages
ANSWER KEY
1.
Calculate the effective annual interest rate if the nominal interest rate (APR) of 12% is
compounded: a) annually;
Engineering Economics 209
Chapter 11. Park et al. 3rd Edition
CHAPTER ELEVEN
Replacement Analysis
Estimated Service Life
When we were looking at mutually exclusive projects, we were introduced to an
example when an existing machine might be replaced by a
Formula Sheet for Final Exam
D. McClintock
Formulae Used In Engineering Economics
Future Value
FV PV (1 i) N
F = P (F/P, i, N)
Present Value
PV FV (1 i) N
P = F (P/F, i, N)
Future Value of an Annuity
(1 i ) N 1
FV A
i
F =A (F/A, i, N)
Present Value of
Engineering Economics 209
University of Calgary
Formulae Used In Engineering Economics
Future Value
FV PV (1 i) N
F = P (F/P, i, N)
Present Value
PV FV (1 i) N
P = F (P/F, i, N)
Future Value of an Annuity
(1 i ) N 1
FV A
i
F =A (F/A, i, N)
Present Valu
ENGG/ECON 209 (01,02) - FALL 2012
QUIZ SCHEDULE (all quizzes held in tutorials - best 7 of 8 count towards final mark)
Quizzes 1-3 are multiple choice, Quizzes 4-8 are problem solving
QUIZ
1
2
3
4
5
6
7
8
CHAPTER / TOPIC
DATE
Introductory Material (up to