ChE 401: Engineering Economy

Course Description:
This course is designed to Familiarize the student with economics concepts: supply and demand relations, interest and investment costs, taxes, insurance, depreciation, inflation, cash flow, profitability measures, estimation of unit operation and production cost, and feasibility studies

Course Outline:
Topic 1: Introduction & basic principles of Engineering Economy. Topic 2: Time Value of Money & Interest Rate. Topic 3: Evaluating Alternatives. Topic 4: Breakeven and Payback Analysis. Topic 5: Depreciation. Topic 6: After Tax Economic Analysis.