CEEN 2320 - Engineering Economics and Management

Credits: 3

Fundamental engineering economics topics, including time value of money (equivalence, present and future worth, equivalent annual worth, internal rate of return), types of cost (fixed, variable, average, direct and indirect, incremental, sunk, opportunity cost), economic analyses (breakeven, cost-benefit, life-cycle), uncertainty with expected monetary value, corporate taxes, inflation. Fundamental business and management topics, including legal forms, basic business administration and management.

Prerequisite: Completion of MATH 1050 or a higher-level mathematics course (e.g., Math 1060 or 1210) with a grade of C or better, or an appropriate placement score.
Semester: Fall & Spring

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