PROJECT ECONOMICS & DECISION ANALYSIS
Evaluation techniques for research, development engineering projects. Covers the time value of money and other cash-flow concepts, capital budgeting, economic practices and techniques used to evaluate and optimize decisions, and research development project portfolio management techniques.
Prerequisites & course information
Requisites: MATH 113 , 114 , or (MATH 171 and 217) Course Designation: Core GenEd - Mathematics & Quantitative Reasoning Breadth - Social Science Level - Intermediate L&S Credit - L&S Liberal Arts and Science Repeatable for Credit: No Last Taught: Spring 2026 Learning Outcomes: 1. Define the terminology used in project economic analysis Audience: Undergraduate 2. Describe time-value-of-money and discounting concepts Audience: Undergraduate 3. Apply the criteria for making economic-based decisions Audience: Undergraduate 4. Analyze before-tax and after-tax cash flows Audience: Undergraduate 5. Explain economic risk analysis techniques Audience: Undergraduate 6. Demonstrate capability to use a spreadsheet program in solving economic problems Audience: Undergraduate 7. Estimate costs and perform an economic analysis in support of a research or engineering project Audience: Undergraduate 8. Describe techniques used to manage company project portfolios Audience: Undergraduate 9. Develop engineering economic problem-solving techniques similar to those in the Engineering Economics portion of the Fundaments of Engineering exam Audience: Undergraduate Learning Outcomes: 1. Define the terminology used in project economic analysis Audience: Undergraduate 2. Describe time-value-of-money and discounting concepts Audience: Undergraduate 3. Apply the criteria for making economic-based decisions Audience: Undergraduate 4. Analyze before-tax and after-tax cash flows Audience: Undergraduate 5. Explain economic risk analysis techniques Audience: Undergraduate 6. Demonstrate capability to use a spreadsheet program in solving economic problems Audience: Undergraduate 7. Estimate costs and perform an economic analysis in support of a research or engineering project Audience: Undergraduate 8. Describe techniques used to manage company project portfolios Audience: Undergraduate 9. Develop engineering economic problem-solving techniques similar to those in the Engineering Economics portion of the Fundaments of Engineering exam Audience: Undergraduate
Sources
- Course catalogue ↗2026-2027