Course Description

Course CodeCourse NameCreditsHours
3403015 Engineering Economics 2.0 2
Description The course provides the logic of economics and adds the analytical power of mathematics and statistics. The concepts developed in this course are broadly applicable to many professional and personal decisions, including making decisions, deciding between project alternatives, evaluating different processes, and balancing environmental and social costs against economic costs. Moreover, it provides a systematic framework for evaluating the economic aspects of competing design solutions.