ETM 610 Advanced Engineering Economics
(3-0-3) This course provides an in-depth study of tools to analyze and solve the economic problems that are faced by today's technologists and engineers. The course will cover various topics such as the decision-making process, cost estimating, time value of money, present worth techniques, cash flow analysis, rate of return analysis, uncertainty in future events, depreciation methods, taxes, replacement policies, and annual equivalence and sensitivity analysis.