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IEM 3503 - Engineering Economics Analysis (FA)
Prerequisite(s): MATH 2153. Development and use of time value of money models. Bases for comparison of alternatives, including present worth, annual worth, rate of return and payout period methods. Decision-making among independent, dependent, capital-constrained and unequal-life projects. Replacement, breakeven and minimum cost analyses. Depreciation and depletion methods and their effect on corporate income taxes, leading to after-tax cash flow analysis. Introduction to financial reports.
Monday, August 21, 2017 to Friday, December 8, 2017
White, J.A., K.S. Grasman, K.E. Case, K. LaScola Needy, D.B. Pratt, Fundamentals of Engineering Economic Analysis, 1st edition, John Wiley & Sons, 2014.
Any of the following formats is acceptable:
Loose Leaf, binder ready, ISBN = 978-1118633779, approx. $80
Hardcover, ISBN = 978-1118414705, approx. $120
There is also an e-book available