IMSC026
Economics Analysis and Financial Management for Engineering
 
Course Description
Principles, basic concepts, and methodology of engineering economy including time value of money, net present worth, annual worth, rate of return, and benefit-cost ratio computations. Decision-making and project appraisal.
Important aspects of financial management for engineering including managing costs and benefits, managing cash flows, accounting for financial resources, income statement and balance sheet, financial statement analysis.

Prerequisite
None