ENGR 315 - Engineering Economics

Lecture Hour(s): 3
Lab Hour(s): 0
Credit Hour(s): 3

The study of the relative economy of engineering alternatives, compound interest in relation to calculation of annual costs, present worth and prospective rates of returns on investments, methods of depreciation, sinking cost, increment cost, general studies with emphasis on retirement and replacement of equipment, consideration of taxes, public works, and manufacturing costs as related to economic solutions of engineering proposals. Principles of engineering ethics are presented and related to costing. Fall

Prerequisite(s): MATH 220.