HU134/HU134!! – Engineering Economy

Course lecturer :

Dr. Salah Eldin Mosaad

Course assistant :

Rita Palabeyekian

Course objectives :

To enable students to:

  1. Identify the basis of engineering economy and accounting concepts needed.
  2. Gain a working knowledge of various techniques of economic analysis.
  3. Show how to make an economic decision regarding short-term and long term capital investment alternatives
  4. Present depreciation models, replacement and procurement models and public utilities.

Course description :

This course introduces students to: Basic principles and techniques of economic analysis, the time value of money and inflation, economic decision-making regarding short-term and long-term capital investment alternatives, depreciation models, replacement and procurement models and Public utilities.

Course assessment :

Mid-Term Exam 25%
Assignments & Quizzes 25%
Final Exam 50%

Recommended text books :

[1] Sullivan G. William, Wicks M. Elin & Koelling C. Patrick, \”Engineering Economy\”, 2012, Pearson Education Limited.

Recommended refrences :

[1] Leland Blank and Anthony Tarquin, “ Basics of Engineering Economy”, 2007.
[2] Chen S. Park, “Fundamentals of Engineering Economics”, 2008.