engineering economy dr. maisara mohyeldin gasim college of engineering engineering economy (ge 4010)...

ENGINEERING ECONOMY

DR. MAISARA MOHYELDIN GASIM

College of EngineeringEngineering Economy (GE 4010)

COURSE OUTLINES

ENGINEERING ECONOMY


COURSE INSTRUCTOR:

Dr. Maisara Mohyeldin Gasim MohamedAssistant professor

Phone No. :0115888730

ENGINEERING ECONOMY


Course Outcomes:By the end of semester, students should be able to:CO1 Understand the theoretical and conceptual basis of economics CO2 Posses a set of practical tools to make systematic and informative decisions when evaluating an engineering project.CO3 Have critical thinking skills, problem solving abilities, andfamiliarity with the project evaluations procedures essential to various engineering fields.CO4 demonstrate the capacity for critical thought, team work, resourceful study, and effective communication.CO5 use MS Excel for basic economic evaluation of a project.

ENGINEERING ECONOMY


Assessment CO1 CO2 CO3 CO4 CO5 Distribution

Quizzes √ √ √ √ √ 5 %

Assignments √ √ √ √ √ 5 %

Test 1 √ √ 10 %

Test 2 √ √ 15 %

Attendance 5%

Final Exam √ √ √ √ √ 60 %

Total 100%

Assessment Methods:

ENGINEERING ECONOMY


References:

Principles of Engineering Economics Analysis, White, Agee and case,

ENGINEERING ECONOMY


List of Topics Introduction to Engineering Economic Analysis: Time Value Of Money: Cash Flow Diagrams, Simple Interest Calculations, Compound Interest Calculations, Multiple Compounding Periods in a year and Continuous Compound Interest Calculations. Equivalence and Indifference

Comparison of Alternatives:, Choosing Planning Horizons Measure of Worth:Present Worth Analysis: Single Alternative, Multiple Alternatives, One shot investment

Future Worth Analysis: Single Alternative, Multiple Alternatives, One shot investmentAnnual Worth Analysis: Single Alternative, Multiple Alternatives, Least Common Multiple of Lives Assumption, SectionsInternal Rate of Return: Single Alternative, Multiple Alternatives, External Rate of Return: Single Alternative, Multiple Alternatives, Analyzing Alternatives With no Positive Cash Flow Depreciation.Replacement AnalysisEconomic Analysis of Public ProjectsCost Terminology

ENGINEERING ECONOMY


Important dates:Week Date Assessment Remarks

1 05/04 – 25/01 09/04- 29/01

2 12/04 - 01/02 16/04- 05/02 Assignment 1 Submit by 13/04

3 19/04- 08/02 23/04- 12/02 Quiz 1

4 26/04 – 15/02 30/04- 19/02 Assignment 2 Submit by 23/04

5 03/05 - 22/04 07/05- 26/02 Quiz 2

6 10/05– 01/03 14/05- 05/03 Test 1

7 17/05 – 08/03 21/05- 12/03 Assignment 3 Submit by 15/05

8 24/05 – 15/03 28/05- 19/03 Quiz 3

9 09/06– 29/03 13/06- 02/04 Assignment 4 Submit by 06/06

10 16/06– 05/04 20/06- 09/04 Quiz 4

11 23/06– 12/04 27/06- 16/04 Assignment 5 Submit by 20/06

12 30/06– 19/04 04/07- 23/04 Quiz 5

13 07/07– 26/04 11/07- 30/04 Test 2

14 14/07– 03/05 18/07- 07/05

ENGINEERING ECONOMY


My Commitment to YouI will endeavor to– start and end class on-time every time– be prepared and give a “best effort” in teaching the

course material– treat you as professionals and cover material that will be

of maximum benefit to you– determine your grade based on your performance, i.e.,

you are not competing with one another– return all graded work promptly– respond to your feedback

ENGINEERING ECONOMY


Your Commitment to Me

You will endeavor to– attend every class and arrive on time, unless you are ill or

have a personal “emergency”– read the handouts and text before coming to class; turn in

all homework and take all tests– conduct yourself as a professional, maintain the highest

integrity and code of conduct, and help other students learn the material

– let me know if you have difficulty understanding the material and provide feedback at the end of each class on positive and negative aspects of the course

engineering economy dr. maisara mohyeldin gasim college of engineering engineering economy (ge 4010)...

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