Engineering Economics Syllabus
Engineering and engineering economy, some engineering economic concepts, equity and debt capital, cost concepts and accounting, elements of cost, life cycle cost, interest formulas and economic equivalence, equivalence involving inflation, economic analysis of alternatives, basis for comparison of alternatives, decision making process, decision making among alternatives, evaluating production operations, break even analysis, evaluating replacement alternatives, economic life of an asset, benefit cost ratio analysis, cost effective analysis, cost accounting, depreciation and its methods, income tax and its relation with profit and interest, time value of money, inflation and its affects, estimating economic elements, economic feasibility and indices, estimates and decision making, replacement studies, decisions under risk and uncertainty, sensitivity analysis, decision involving multiple criteria, economic analysis for public projects and utility, capital budgeting, value engineering, use of computer software and case studies in engineering economics.
TEXT BOOKS: 1. Engineering Economy by Gerald J. Thuesen and W J Fabrycky Prentice Hall th 2. Engineering Economy , 7 Ed. by E. Paul Degarmo, William G. Sullivan, John R. Canada, Macmillan Publishing Company th 3. Engineering Economy , 9 Ed. by G.J. Thuesen and W. H. Fabrycky, Published by Asoke K. Ghosh, 4. Advanced Engineering Economics by Chan S. Park, Gunter P. Sharp-Bette, Published Simultaneously. REFERENCE BOOKS: 1. Advanced Engineering Economics by Chan S. Park and Gunter P. SharpBette, John Willey 2. Engineering Economy by E. Paul DeGarmo, Willam G. Sullivan John R. Canada, Macmillian Publishing Company 3. Cost Benefit Analysis, Concepts and Practices by Anthony E. Boardman, David H. Greenberg 2 Edition, Prentice Hall
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