Course Description
This course is designed to equip students to acquired engineering economy concepts, principles and methods. The focus of this course is to provide understanding on engineering economic principles and methods and to apply it in engineering field. The course has is designed to teach students to formulate cash-flow, perform analysis on engineering economic problems and evaluate between alternative of engineering investment/projects to make decision to teach students to perform cost estimates using traditional and current costing techniques in production process, prepare simple financial statement and interpret financial performance of business firms for decision and control. Interpretation and use of accounting reports and supplemental information for engineering economic analyses, consideration of cost-volume-profit analyses, use of discounted cash flow techniques
Course ID: ENG 412
| Credit hours | Theory | Practical | Laboratory | Lecture | Studio | Contact hours | Pre-requisite | 2 | 2 | 2 | NONE |
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