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IENG.4140 Engineering Economics

Id: 042341 Credits Min: 3 Credits Max: 3

Description

This course introduces students to accounting and finance operations and principles, and how they impact engineering and manufacturing activities in both analytical and forward looking planning activities. Topics covered include financial statements, costing, depreciation, time value of money, cash flows, capital budgeting, and capital recovery with the objective of building working financial models for a technical environment.

Prerequisites

ECON.2010 Principles of Microeconomics, or ECON.2020 Principles of Macroeconomics, or Permission of Instructor.

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