ISEP 331 - Engineering Economy

This course provides an introduction to economic principles and tools used to evaluate the feasibility of engineering projects. The course covers tools and analysis methods for calculating the present, future, and annualized value of money in addition to analysis of the rate of return. The course also covers decision-making processes related to project financing, replacement decisions, and breakeven analysis.

Prerequisites & Notes: College-level statistics course or equivalent; Co-requisite: ISEP 301.
Credits: 4
Grade Mode: Letter