Brief Course Description
1. Course Title:
Engineering Economics
2. Language of Instruction:
Tiếng Anh
3. Course Code:
INT547072
4. Credits:
3
5. Course Objectives:
The primary objective of this course is to provide students with the essential knowledge and skills to analyze and make economic decisions in engineering contexts. By applying principles of engineering economics, analyzing the time value of money, and utilizing project evaluation methods, students will gain the ability to solve complex economic problems and propose optimal solutions in real-world scenarios. Additionally, the course equips students with spreadsheet skills and decision-making tools while fostering self-directed learning and creativity in economic analysis.
6. Brief Description of Course Content:
This course aims to provide fundamental concepts related to economics and analytical techniques for evaluating technical alternatives, including:
- Concepts and the role of engineering economics
- Time value of money – interest rate calculations and equivalence formulas
- Basis for comparing and selecting alternatives
- Introduction to accounting and after-tax cash flow analysis.