ENGINEERING ECONOMICS FOR ENGINEERING LEADERS
This course will explore economic analysis of capital expenditure decisions, financial mathematics, microeconomics, and decision-making under risk and uncertainty. Topics covered in this course include time value of money, analysis of alternatives using net present value and internal rate of return, depreciation, taxes, and inflation. Computational approaches, such as probabilistic design in engineering designs, which connect randomly varying design parameters to economic impact, will sometimes be considered based on course composition. Engineering ethics case studies that involve engineering economics will be explored as well. Mutually Exclusive: Cannot register for RCEL 505 if student has credit for CEVE 322/CEVE 528/ENGI 303/ENGI 528.
Prerequisites & course information
Short Title: LEADING ENGINEERING ECONOMICS Department: Center Engineering Leadership Grade Mode: Standard Letter Course Type: Lecture Credit Hours: 3 Restrictions: Enrollment is limited to students with a major in Bioengineering, Computational & Applied Math, Chemical Engineering, Computer Science, Computational Science & Eng, Data Science, Electrical & Computer Eng., Engineering Mgmt & Leadership, Industrial Engineering, Mechanical Engineering, Materials Science & NanoEng or Statistics. Enrollment is limited to Graduate level students. Enrollment limited to students in a Graduate Certificate, Master Materials Sci & NanoEng, Master of Bioengineering, Master of Chemical Eng, Master of Civil & Env Eng, Master of Comp & Appl Math, Master of Comp Sci & Eng, Master of Computer Science, Master of Data Science, Master of Electrical Comp Eng, Master of Eng Mgmt & Leadershp, Master of Industrial Eng, Master of Mechanical Eng or Master of Statistics degrees. Course Level: Graduate
Sources
- Course catalogue ↗2026–2027