Engineering Economy

  • Mechanical Engineering |
  • English

Description

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.

Program

Bachelor degree in Mechanical Engineering (Automotive Engineering)

Objectives

  • Introducing the basic knowledge and theoretical background related to economy and cost analysis in addition to conducting comparing alternatives into systems engineering.

Textbook

Data will be available soon!

Course Content

content serial Description
1Introduction to economy concepts
2Cost Analysis
3Principles of economic environment
4Concept of economic equivalence
5Principles of time-money relationships
6Sinking fund factor
77th Week Exam.
8Uniform Gradient Factors
9Nominal and effective interest rates
10Application of Engineering Economy
11Analysis of Equivalence worth.
1212th Week Exam.
13Savings and Investment
14Depreciation
15Cost Recovery System
16Final Exam.
1Introduction to economy concepts
2Cost Analysis
3Principles of economic environment
4Concept of economic equivalence
5Principles of time-money relationships
6Sinking fund factor
77th Week Exam.
8Uniform Gradient Factors
9Nominal and effective interest rates
10Application of Engineering Economy
11Analysis of Equivalence worth.
1212th Week Exam.
13Savings and Investment
14Depreciation
15Cost Recovery System
16Final Exam.
1Introduction to economy concepts
2Cost Analysis
3Principles of economic environment
4Concept of economic equivalence
5Principles of time-money relationships
6Sinking fund factor
77th Week Exam.
8Uniform Gradient Factors
9Nominal and effective interest rates
10Application of Engineering Economy
11Analysis of Equivalence worth.
1212th Week Exam.
13Savings and Investment
14Depreciation
15Cost Recovery System
16Final Exam.
1Introduction to economy concepts
2Cost Analysis
3Principles of economic environment
4Concept of economic equivalence
5Principles of time-money relationships
6Sinking fund factor
77th Week Exam.
8Uniform Gradient Factors
9Nominal and effective interest rates
10Application of Engineering Economy
11Analysis of Equivalence worth.
1212th Week Exam.
13Savings and Investment
14Depreciation
15Cost Recovery System
16Final Exam.

Markets and Career

  • Generation, transmission, distribution and utilization of electrical power for public and private sectors to secure both continuous and emergency demands.
  • Electrical power feeding for civil and military marine and aviation utilities.
  • Electrical works in construction engineering.
Courses
  • Degree Bachelor
  • Code: NE364
  • Credit hrs: 3
  • Prequisites: 54 Credit Hours
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