MAN 215 – Engineering Economics
Course Content:
Interest, money-time relationship. Alternative comparison methods such as present value, annual equivalent, and capital recovery techniques. Depreciation, replacement analysis, economic life problems, cost-benefit analysis, break-even point analysis, payback period, and inflation rate.
Topics Covered:
Week 1: Introduction to the course
Week 2: Engineering economy decisions
Week 3: Time value of money
Week 4: Simple and compound interest, effective and nominal interest
Week 5: Simple and compound interest, effective and nominal interest
Week 6: Types of cash flows
Week 7: Midterm Exam
Week 8: Present value (PV), Future value (FV)
Week 9: Annual equivalent cost (AEC)
Week 10: Payback period
Week 11: Break-even point analysis
Week 12: Depreciation
Week 13: Depreciation
Week 14: Problem solving
Instructor
