Northeast Wisconsin Technical College
10-623-167 057355 Engineering Economy
Outline of Instruction

Course Information
Description10-623-167 ENGINEERING ECONOMY ...using source and application of funds; cost control, valuation, depreciation, replacement theory and taxation to analyze and assist in making management decisions. (Prerequisites: 10-804-197, College Algebra & Trig w Apps OR 10-804-195, College Algebra w/Apps AND 10-804-196, Trigonometry w/ Apps; proficiency with advanced functions of Excel strongly recommended)
Total Credits2
Prior Learning Assessments
None
Course Competencies
  1. Explore Engineering Economy Foundations.
  2. Examine How Time and Interest Affect Money
  3. Capture Nominal and Effective Interest Rates
  4. Explore Present and Annual Worth Analysis
  5. Explore Rate of Return Analysis
  6. Characterize Benefit/ Cost Analysis and Public Sector Projects
  7. Characterize Breakeven, Sensitivity, and Payback Analysis
  8. Evaluate Replacement and Retention Decisions
  9. Analyze Effects of Inflation
  10. Explain Estimating Costs
  11. Estimate Depreciation Methods
  12. Interpret After- Tax Economic Analysis