Engineering Economics

Undergraduate

Cost estimation, cost accounting, and cost control. Comparison of engineering alternatives by annual cost, present worth, and rate of return methods. Depreciation and taxes. Equipment replacement. (3 lecture, 1.5 tutorial hours a week.) GENG-3201. Engineering Design III A project-based learning experience where students are exposed to a series of open-ended design projects that will develop both technical and professional skills. The emphasis will be on the engineering design process, which consists of: problem formulation, functional requirements and constraints, conceptual design through CAD, selection of design, communication of the design solution, prototype construction, testing, iteration, and reporting. Includes group work to develop personal, teamwork, leadership, and task completion skills as part of the design process. (Prerequisite: Engineering students only, GENG 2201 ) (6 hours weekly)