Oct 14, 2024  
2023-2024 Undergraduate Catalog 
    
2023-2024 Undergraduate Catalog [ARCHIVED CATALOG]

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IET 3424:Engineering Economy

3 Credit Hours
Prerequisite:  MATH 1113  or STAT 1401   Concurrent:
MATH 1190  
As an introduction to the effect of the time value of money, this course will use equivalent annual cost, present worth, internal rates of return, and benefit to cost ratios in making economic analysis.  Tax consequences, replacement theory and economic life will be examined in the analysis of engineering problems.



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