Brief Course Description
1. Course Title:
Engineering Economics
2. Language of Instruction:
Tiếng Việt
3. Course Code:
INT547005
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:
The course aims to provide basic concepts related to economics and analysis and evaluation techniques for engineering options, including Concept and role of technical economics;
Time value of money formulas for calculating interest rates and equivalents
The basis for comparison and selection of alternatives
Accounting concepts and cash flow analysis