ENGINEERING ECONOMICS & MANAGEMENT

Catalog description

This course is designed to introduce undergraduate engineering students to the discipline of economics in general, and principles of engineering economics in particular. While quantitative tools are used throughout the course, the primary focus of the material is on the fundamentals for general engineering economics and business decisions for planning, design, construction, operation and maintenance. Also, this course will present Basic Engineering Management tools, graphical and mathematical approach of such topics as market equilibrium, elasticity, costs of production, and market structure.