1. ENGINEERING ECONOMY DR. MAISARA MOHYELDIN GASIM College of Engineering Engineering Economy (GE 4010) COURSE OUTLINES

2. ENGINEERING ECONOMY DR. MAISARA MOHYELDIN GASIM COURSE INSTRUCTOR: Dr. Maisara Mohyeldin Gasim Mohamed Assistant professor Phone No. :0115888730

3. ENGINEERING ECONOMY DR. MAISARA MOHYELDIN GASIM Course Outcomes: By the end of semester, students should be able to: CO1 Understand the theoretical and conceptual basis of economics CO2 Posses a set of practical tools to make systematic and informative decisions when evaluating an engineering project. CO3 Have critical thinking skills, problem solving abilities, and familiarity with the project evaluations procedures essential to various engineering fields. CO4 demonstrate the capacity for critical thought, team work, resourceful study, and effective communication. CO5 use MS Excel for basic economic evaluation of a project.

4. ENGINEERING ECONOMY DR. MAISARA MOHYELDIN GASIM AssessmentCO1CO2CO3CO4CO5Distribution Quizzes√√√√√5 % Assignments√√√√√5 % Test 1√√10 % Test 2√√15 % Attendance5% Final Exam√√√√√60 % Total100% Assessment Methods:

5. ENGINEERING ECONOMY DR. MAISARA MOHYELDIN GASIM References: Principles of Engineering Economics Analysis, White, Agee and case,

6. ENGINEERING ECONOMY DR. MAISARA MOHYELDIN GASIM List of Topics Introduction to Engineering Economic Analysis: Time Value Of Money: Cash Flow Diagrams, Simple Interest Calculations, Compound Interest Calculations, Multiple Compounding Periods in a year and Continuous Compound Interest Calculations. Equivalence and Indifference Comparison of Alternatives:, Choosing Planning Horizons Measure of Worth: Present Worth Analysis: Single Alternative, Multiple Alternatives, One shot investment Future Worth Analysis: Single Alternative, Multiple Alternatives, One shot investment Annual Worth Analysis: Single Alternative, Multiple Alternatives, Least Common Multiple of Lives Assumption, Sections Internal Rate of Return: Single Alternative, Multiple Alternatives, External Rate of Return: Single Alternative, Multiple Alternatives, Analyzing Alternatives With no Positive Cash Flow Depreciation. Replacement Analysis Economic Analysis of Public Projects Cost Terminology

7. ENGINEERING ECONOMY DR. MAISARA MOHYELDIN GASIM Important dates: WeekDateAssessmentRemarks 105/04 – 25/0109/04- 29/01 212/04 - 01/0216/04- 05/02Assignment 1Submit by 13/04 319/04- 08/0223/04- 12/02Quiz 1 426/04 – 15/0230/04- 19/02Assignment 2Submit by 23/04 503/05 - 22/0407/05- 26/02Quiz 2 610/05– 01/0314/05- 05/03Test 1 717/05 – 08/0321/05- 12/03Assignment 3Submit by 15/05 824/05 – 15/0328/05- 19/03Quiz 3 909/06– 29/0313/06- 02/04Assignment 4Submit by 06/06 1016/06– 05/0420/06- 09/04Quiz 4 1123/06– 12/0427/06- 16/04Assignment 5Submit by 20/06 1230/06– 19/0404/07- 23/04Quiz 5 1307/07– 26/0411/07- 30/04Test 2 1414/07– 03/0518/07- 07/05

8. ENGINEERING ECONOMY DR. MAISARA MOHYELDIN GASIM My Commitment to You I will endeavor to – start and end class on-time every time – be prepared and give a “best effort” in teaching the course material – treat you as professionals and cover material that will be of maximum benefit to you – determine your grade based on your performance, i.e., you are not competing with one another – return all graded work promptly – respond to your feedback

9. ENGINEERING ECONOMY DR. MAISARA MOHYELDIN GASIM Your Commitment to Me You will endeavor to – attend every class and arrive on time, unless you are ill or have a personal “emergency” – read the handouts and text before coming to class; turn in all homework and take all tests – conduct yourself as a professional, maintain the highest integrity and code of conduct, and help other students learn the material – let me know if you have difficulty understanding the material and provide feedback at the end of each class on positive and negative aspects of the course