Course
| code | NE364 |
| credit_hours | 3 |
| title | Engineering Economy |
| arbic title | |
| prequisites | 54 Credit Hours |
| credit hours | 3 |
| Description/Outcomes | 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. |
| arabic Description/Outcomes | |
| objectives | Introducing the basic knowledge and theoretical background related to economy and cost analysis in addition to conducting comparing alternatives into systems engineering. |
| arabic objectives | |
| ref. books | |
| arabic ref. books | |
| textbook | “Engineering Economy†9th edition, Authors: P. DeGarmo – W. Sullivan Publisher: Macmillan Publishing Co. |
| arabic textbook | |
| objective set | |
| content set | |
Course Content
| 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.
|