Course Number: 12-421
Basic concepts of economic analysis and evaluation of alternative engineering projects for capital investment.
Consideration of time value of money and common merit measures such as net present value and internal rate of return. Selection of independent projects and mutually exclusive proposals, using various methods of analysis.
Capital budgeting and project financing. Influence of price level changes, depreciation, and taxation on
Uncertainty and risk in operation and financing. Important factors affecting investment decisions for private and public projects.
Prerequisite(s): 21-120 Min. grade C