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 – CHEM ENG 4N04

Assessment Assignments & Pop Quizzes20% Term Test (Week 7)30% Final Examination50% TOTAL100%

New Components Sustainability Ethics Cost Estimating Valuating Environmental and Social Costs

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

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

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

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