ETM 635 Advanced Engineering Economics
Economic evaluation of engineering and R&D projects is covered from the engineering management viewpoint. Time value of money, tax considerations, break-even analysis, sensitivity analysis, project evaluations under uncertainty, risk sharing, capital budgeting, financial ratios, and cost estimating techniques are studied. A business simulation game is used throughout the course to gain a better understanding of financial decision making.
Slash Listed Courses
Also offered as
ETM 535 and may be taken only once for credit.
Prerequisite
graduate standing or consent of instructor, knowledge of probability/statistics.