ESC 282 - Engineering Economy

Institution:

Cleveland State University

Subject:

Description:

Prerequisite: Sophomore standing. Course focuses on the coupling of technical analysis and economic feasibility to determine the best course of action among alternatives competing for scarce resources in both public and private sector projects. Studies the principles, concepts, and methodology of the time value of money as applied to governmental, industrial, and personal economic decisions. Topics include benefit-cost analysis, inflation, depreciation, taxes, tax abatements, risk and sensitivity analysis, and the comparison of alternatives. Discussion includes the ethical and social responsibilities of engineers as they apply to project decisions affecting job creation and loss, personnel placement, and capital expenditure.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.csuohio.edu/

Phone Number:

(216) 687-2000

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

The Course Profile information is provided and updated by third parties including the respective institutions. While the institutions are able to update their information at any time, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.