EGMT 531-Economics of Engineering Management

Catalog Description:

Provides a review of economic analysis, with emphasis on those phases of major interest to engineering administration. Covers the calculation of economic equivalence, inflation and the purchasing power of money, decision-making among alternatives, evaluation of public activities, and estimateion of costs.
Credits: 3.00
College: College of Engineering
Department: Engineering Management
Restrictions: Must be enrolled in one of the following Program Level(s): Graduate Quarter

Expanded Course description and Textbooks:

This course provides a review of economic analysis, with emphasis on those phases of major interest to engineering administration. Covers the calculation of economic equivalence, inflation and the purchasing power of money, decision making among alternatives, evaluation of public activities, and estimation of costs.

***If you have not had sufficient undergraduate courses in Engineering Economy or Finance, it would be wise to review the book “Managerial Accounting” by Garrison and Noreen prior to starting EGMT531.

Textbooks:

Contemporary Engineering Economy, 4th edition
Chan S. Park
ISBN: 9780131876286
NOT THE INTERNATIONAL VERSION!