ECE 351 Fundamentals of Engineering Economy

Fundamentals of engineering economy.  Cost concepts. Time value of money and equivalence.  Economic analysis of alternatives including present worth, annual worth, future worth, rate of return and benefit-cost analysis.  Depreciation and const estimating.  Uncertainty and risk.  One semester. Prerequisite: Junior or Senior standing

Credits

2

Cross Listed Courses

CHE 309, CE 309, ME 309

Prerequisite

junior or senior standing