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Engineering Economics ENG 2B03. Calendar Description Engineering criteria for decision-making. Money flow. Financial ventures. Personal financing. Total.

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Presentation on theme: "Engineering Economics ENG 2B03. Calendar Description Engineering criteria for decision-making. Money flow. Financial ventures. Personal financing. Total."— Presentation transcript:

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

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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