Engineering Economics
About Course
Engineering economics is the application of economic principles and calculations to engineering projects. It is important to all fields of engineering because no matter how technically sound an engineering project is, it will fail if it is not economically feasible.
Course Content
Accounting and Financial Decision
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Accounting and Financial Decisions
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Key Financial Ratios: Formula Sheet
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Three legal forms of business –
Engineering Economic Decisions-Rational Decision Making
Mini Project Information
Basics of Financial Decision Making
Understanding Money Management
Evaluation of Engineering and Business Assets
Rate of Return
Model Section
Handling Risk and Uncertainty
Replacement Decisions
Student Ratings & Reviews
Overall, an engineering economics course provides students with a framework to analyze the financial viability of engineering projects. It equips them with tools and techniques to evaluate costs, assess project profitability, consider risk factors, and make informed decisions based on economic considerations. These skills are essential for engineers involved in project management, investment analysis, and economic decision-making in various industries.
This course was awesome ✨
It was a beautiful experience to be part of this class. I now have an engineering perspective of economics. How to better take engineering economics decisions., Thanks to the good DR. Agarwal
It was good, except difficulties loging in on multiple devices.
It gives a great insight of the economics side of engineering
An eye opener in economical management and saving which is very vital in engineering projects
well organised
Awesome
It was a great experience shifting from the domain of common engineering principles and learning about the money of engineering
The course delivery was unparalleled, it was exciting and enlightening at the same time. I highly recommend both the lecturer and the course to other students.
A highly efficient platform.
Thanks for the support.
