Instructor Class Description

Time Schedule:

• Autumn Quarter 2008

Hongrui Liu
IND E 250
Seattle Campus

Fundamentals of Engineering Economy

Basics of industrial cost analysis and accounting. Application of interest computations to engineering decision making. Analysis of engineering alternatives based on use of interest computations, valuations, depreciation, and cost estimates. Offered: ASp.

Class description

This course covers basic concepts in engineering economics, including time value of money, financial evaluation methods, depreciation and inflation, income taxes, project financing, replacement analysis, and notions on capital budgeting. It presents mathematical techniques and practical advice for evaluating decisions in the design and operation of engineering systems. These procedures support both selection and justification of design alternatives, operating policies, and capital expenditure. At a more personal note, it will help you make financially prudent decisions in your day-to-day life.

Student learning goals

General method of instruction

Recommended preparation

Class assignments and grading

Office of the Registrar
For problems and questions about this web page contact icd@u.washington.edu,
otherwise contact the instructor or department directly.
Modified:September 24, 2008