Catalogue 2020 - 2021

EMGT 609 Strategic Engineering Economics

Credits

3 cr.

Prerequisite

Graduate standing.

Course Description

This course studies the economic aspects of engineering design problems. Students will learn how to comprehensively analyze the economics of engineering projects and build a strategic business case for their designs. Topics covered include the fundamental concepts of economics, game theory, the time value of money, decision making under uncertainty, and special considerations for evaluating projects with very long time horizons.

Notes

Cannot take CEE 609 and IE 609 for credit.

Formerly Engineering Cost Analysis.

Formerly Advanced Engineering Economics.

Cross Listed Courses

CEE 609 and IE 609

Fee