Engineering Economics
- Introduction to Engineering Economics and Cost Estimation
- EE main concepts: interest, interest rate, cash flows, EE factors, nominal interest rate and effective interest rate
- Projects Economic Evaluation methods including present worth, annual equivalence, rate of return, benefit-cost ratio, future worth, economic life analysis
- Economic evaluation methods after tax: depreciation and its calculation methods, cash flow after tax
- Replacement analysis
- Sensitivity analysis and break even analysis
- Economic evaluation of projects with inflation
- Economic evaluation of projects under uncertainty: payoff tables, decision trees, decision rules, risk in financial analysis
- Simulation of Cash Flows