Yearbooks

Engineering economics 420


 
Modulekode BIE 420
Kwalifikasie Undergraduate
Fakulteit Faculty of Engineering, Built Environment and Information Technology
Module-inhoud

Money-time relationships and equivalence (interest formulae, effective interest rate, bonds and loans). Bases for comparison of alternatives (present worth, annual worth, Internal rate of return, external rate of return, investment balance diagrams, Decision making among alternatives (useful lives equal to study period, useful lives different among alternatives, mutually exclusive alternatives in terms of combinations of proposals). The influence of inflation on engineering economic calculations. Decision making among alternatives on an after-tax basis. Replacement analysis (the economic life of an asset, retirement without replacement). Risk analysis of cash flows.

Modulekrediete 8.00
NQF Level 08
Prerequisites No prerequisites.
Contact time 1 discussion class per week, 2 lectures per week
Language of tuition Module is presented in English
Department Industrial and Systems Engineering
Period of presentation Semester 2

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