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Engineering Economics ENG 2B03

Engineering Economics ENG 2B03. Calendar Description. Engineering criteria for decision-making. Money flow. Financial ventures. Personal financing. Total project investment. Production and operations costs. Economic analysis. Financial attractiveness. Anti-Requisites CIV ENG 3RR3

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Engineering Economics ENG 2B03

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  1. Engineering Economics ENG 2B03

  2. Calendar Description • Engineering criteria for decision-making. Money flow. Financial ventures. Personal financing. Total project investment. Production and operations costs. Economic analysis. Financial attractiveness. • Anti-Requisites • CIV ENG 3RR3 • CHEM ENG 4N04

  3. Assessment

  4. New Components • Sustainability • Ethics • Cost Estimating • Valuating Environmental and Social Costs

  5. Cost Estimating • Week 12 Topics: • Categories of Cost • Accuracy • Sources of Information • Special Considerations • Types of Estimates • Order of Magnitude to Definitive Estimates • Estimating Models • Per-Unit Model (Unit Technique) • Cost Indexes • Power-Sizing Model • Improvement and the Learning Curve

  6. Sustainability • Week 1 Topics: • Sustainability Competencies for Graduates of Engineering Programs • The Triple Bottom Line • Case Studies: Interface Carpets and ING Headquarters

  7. Sustainability • Week 8 Topics: • Defining Social Responsibility • Sustainability and Ethics • Definition of Ethics • Four Ethical Theories • Whistleblowing

  8. Sustainability • Week 13 Topics: • Exxon Valdez vs. BP Oil Spill • Types of Environmental Benefits • Valuation Methods • Travel cost method • Hedonic pricing • Contingent valuation • Life-Cycle Cost Analysis

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