A study of basic concepts emphasizing analysis of aggregate economy. Examination of the processes of price determination and calculation of optimum demand for maximum profit. Basic principles of money-time relationship. Methods of investment assessment and fundamental techniques of comparison of investment opportunities. Theories of depreciation of physical facilities and study of cost recovery systems.
Bachelor Degree in Electrical and Control Engineering
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| content serial | Description |
|---|---|
| 1 | Introduction to economy concepts |
| 2 | Cost Analysis |
| 3 | Principles of economic environment |
| 4 | Concept of economic equivalence |
| 5 | Principles of time-money relationships |
| 6 | Sinking fund factor |
| 7 | 7th Week Exam. |
| 8 | Uniform Gradient Factors |
| 9 | Nominal and effective interest rates |
| 10 | Application of Engineering Economy |
| 11 | Analysis of Equivalence worth. |
| 12 | 12th Week Exam. |
| 13 | Savings and Investment |
| 14 | Depreciation |
| 15 | Cost Recovery System |
| 16 | Final Exam. |
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