14.470 Engineering Economics

Engineering Economics

Course Details
Min Credits 3
Max Credits 3
Course ID 2999
Status Active

Presentation of mathematical principles of economic analysis, with emphasis on defining alternatives and predicting consequences of proposed investments. Emphasis is placed on the economic, social and environmental impacts of proposed Civil Engineering projects. The attractiveness of investments is judged by present worth, annual worth, rate of return, and benefit-cost ratio techniques. Sensitivity analysis, depreciation and tax impacts in economic studies are also discussed.

Pre/Co-Requisites: Pre-Req: 49.201 Economics I (Microeconomics) or 49.202 Economics II (Macroeconomics).