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Engineering Economy and Investments

What Will Learn?

  • Course Aims
    This course aims to: 1-Outline principles of engineering economy. 2-Recognize cost estimation and cost terminology. 3-Derive and calculate the money time relationships. 4-Evaluate and compare alternatives for different useful life times.
  • Course Goals
  • Quality Education
  • Industry, Innovation and Infrastructure
  • Responsible Consumption and Production

Requirements

Description

  • English Description

    Principles of engineering economy, Time value of money, Interest rate, Single payment present value and future value, Cash flow diagram, Uniform series, Interest rate during different periods, Arithmetic gradient series, Geometric series, Economic comparison of alternatives, Present value analysis, Least common multiple method, Annual cost analysis, Capitalized cost analysis, Payback period, Internal rate of return method, Incremental Investment analysis, Bonds, Breakeven analysis, Depreciation methods, Economical Applications in Electrical Engineering.
  • Arabic Description

    Principles of engineering economy, Time value of money, Interest rate, Single payment present value and future value, Cash flow diagram, Uniform series, Interest rate during different periods, Arithmetic gradient series, Geometric series, Economic comparison of alternatives, Present value analysis, Least common multiple method, Annual cost analysis, Capitalized cost analysis, Payback period, Internal rate of return method, Incremental Investment analysis, Bonds, Breakeven analysis, Depreciation methods, Economical Applications in Electrical Engineering.
  • Department
    Electrical Power and Machines Engineering
  • Credit Hours
    2
  • Grades
    Total ( 100 ) = Midterm (25) + tr.Major Assessment (30 = tr.Industry 0% , tr.Project 0% , tr.Self_learning 0% , tr.Seminar 0% ) + tr.Minor Assessment (5) + Exam Grade (40)
  • Hours
    Lecture Hours: 2, Tutorial Hours: 1, Lab Hours: 0
  • Required SWL
    75
  • Equivalent ECTS
    3
  • -Leland Blank; Anthony J Tarquin, “Engineering economy “New York, NY McGraw-Hill Education, 2018.
  • - William Sullivan, James Bontadelli, and Elin Wicks, “Engineering Economy”, Printce-Hall, International Edition, 7th. Edition New Jersey, 2000. - Leland Blank; Anthony J Tarquin, Engineering economy New York, NY McGraw-Hill Education, 2018.