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Engineering Economy: Course Syllabus

This document provides a course syllabus for an Engineering Economy class with the following key details: 1. The course aims to introduce economic analysis applied to engineering through concepts like time value of money, equivalence, and basic economic study methods for decisions involving certainty, risk, and uncertainty. 2. Students will learn to evaluate alternatives, create pre-feasibility studies, and estimate costs. Assessments include quizzes, assignments, and a project on a pre-feasibility study. 3. Course content covers topics like cash flows, interest, equivalence, depreciation, depletion, and income tax taught through online materials, examples, and consultation. Students must understand and apply engineering economy theory and skills.

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271 views11 pages

Engineering Economy: Course Syllabus

This document provides a course syllabus for an Engineering Economy class with the following key details: 1. The course aims to introduce economic analysis applied to engineering through concepts like time value of money, equivalence, and basic economic study methods for decisions involving certainty, risk, and uncertainty. 2. Students will learn to evaluate alternatives, create pre-feasibility studies, and estimate costs. Assessments include quizzes, assignments, and a project on a pre-feasibility study. 3. Course content covers topics like cash flows, interest, equivalence, depreciation, depletion, and income tax taught through online materials, examples, and consultation. Students must understand and apply engineering economy theory and skills.

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ENGINEERING ECONOMY

Course Syllabus
SORSOGON STATE COLLEGE

Vision

A n institution with a culture of excellence in developing globally


competitive and values-oriented leaders and professionals.

Mission

The Sorsogon State College is committed to provide industry-


relevant programs that are anchored on a culture of research and
entrepreneurship for the development of Sorsogon and beyond.
Course code

Course Code E-Eco


Course Title Engineering Economy
Credits 3units
Pre-requisites 3rd year standing
Class schedule NA

Instructor/Professor Engr. Ivy Rose B. Gonzales


ivyrosebgonzales@gmail.com
Ivee Gonzales
Course Description
 Introduction to economic analysis applied to
engineering; concepts of the time value of money
and equivalence; basic economy study methods;
decisions under certainty; decisions recognizing
risk; and decisions admitting uncertainty;
overview of feasibility study preparation.
Course Objectives
After completing this course, the student must be
able to:
1. Understand the theory behind engineering
economy applied in the engineering industry
2. Develop and apply skills in evaluating
established alternatives
3. Create a pre-feasibility study and do cost
estimation
Course Content
WEEK TOPIC
TEACHING/
LEARNING ASSESMENT
ACTIVITIES
Orientation/Course syllabus
discussion Discussion
1
Introduction to engineering Q&A
economy
Cost Concepts Online materials/
2 Assignment
Interest Examples

Cash flow diagrams Online materials/


3 Quiz
Equivalence Examples
4
Single cash flow
Online materials/
Uneven payment series Assignment
Examples
Equal payment series
5
Course
6
Content
Linear gradient series
Geometric gradient
Online materials/
Assignment
Examples
series
Online materials/
7 Composite cash flows Assignment
Examples

Online materials/
8 Equivalence calculations Quiz
Examples

Online materials/
9 Present worth analysis Quiz
Examples

Online materials/
10 Annual worth analysis Quiz
Examples
Online materials/
Course
11
Content
Depreciation
Examples
Assignment

Online materials/
12 Depletion Quiz
Examples

Online materials/
13 Income tax Quiz
Examples

Evaluation of
Consultation &
14 Pre-Feasibility study project
Research
Course requirements
 Quizzes (30%)
 Assignments (30%)
 Project: Pre-Feasibility Study (40%)
Total: 100%
Class policies
a. Anyone who misses a requirement will be marked INC
until the student complies with the missed submission.
b. Read and understand each section properly and follow
instructions diligently. Ask questions or clarifications in
discussion forums or group chat to minimize or avoid
confusion.
c. There will be NO FAILED grade to be given to any student
unless the student fails to comply to an INC mark.
Recommended references
Textbooks:
 Blank, L., et. al., Engineering Economy. 6th edition.
McGraw-Hill, 2005.
 Park, Chan S., Fundamentals of Engineering Economy.
10th edition. Prentice-Hall, Inc., 2004.
 Park, Chan S., Contemporary Engineering Economics
Case Studies. Addison-Wesley Publishing Company, Inc.,
1993.

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