[vc_row el_class=”inner-body-content” css=”.vc_custom_1667201420424{padding-top: 30px !important;padding-bottom: 20px !important;}”][vc_column][vc_custom_heading text=”Pre-requisite(s)” font_container=”tag:h3|font_size:20px|text_align:left” use_theme_fonts=”yes” css=”.vc_custom_1667201409070{margin-top: 0px !important;}”][vc_column_text]None[/vc_column_text][vc_custom_heading text=”Recommended Book(s)” font_container=”tag:h3|font_size:20px|text_align:left” use_theme_fonts=”yes”][vc_column_text]Engineering Economy, Leland Blank and Anthony Tarquin, Latest Edition[/vc_column_text][vc_custom_heading text=”Reference Book(s)” font_container=”tag:h3|font_size:18px|text_align:left” use_theme_fonts=”yes”][vc_column_text]Engineering Economy, WG Sullivan, EM Wicks And CP Koelling, 14th Edition[/vc_column_text][vc_custom_heading text=”COURSE OBJECTIVES” use_theme_fonts=”yes”][vc_column_text]1. To introduce the fundamentals of engineering economics.
2. To enable students to perform economic analysis of different projects.[/vc_column_text][vc_custom_heading text=”COURSE LEARNING OUTCOMES (CLO)” use_theme_fonts=”yes”][vc_column_text]
CLO:1 Understand importance of engineering economics.
CLO:2 Will be able to perform economic analysis of different projects.[/vc_column_text][vc_custom_heading text=”COURSE CONTENTS” use_theme_fonts=”yes”][vc_custom_heading text=”Fundamentals Of Engineering Economics” font_container=”tag:h3|font_size:20px|text_align:left” use_theme_fonts=”yes”][vc_column_text]
- Basic concepts and principles of Economics
- Micro-economics theory
- The problems of financial scarcity
- Basic concept of Engineering Economy
- Consumer and Producer goods, Goods and services
- Price-supply-demand-relationship
- Equilibrium, Elasticity of demand & supply
- Measures of economic worth, Non-monitory values
- Theory of pricing
- Theory of production
- Laws of return
[/vc_column_text][vc_custom_heading text=”Capital Financing And Allocation” font_container=”tag:h3|font_size:20px|text_align:left” use_theme_fonts=”yes”][vc_column_text]
- Funding, funding agencies and planning commission
- Capital Budgeting, allocation of capital among independent projects
- Financing with debt capital
- Financing with equity capital
- Trading on equity
- Financial leveraging
[/vc_column_text][vc_custom_heading text=”Business Organization And Industrial Relationship” font_container=”tag:h3|font_size:20px|text_align:left” use_theme_fonts=”yes”][vc_column_text]
- Types of ownership
- Types of stocks, partnership and joint companies
- Banking and Specialized credit institution
- Labour problems, labour organization, prevention and settlement of disputes, Markets, competition and monopoly
[/vc_column_text][vc_custom_heading text=”Linear Programming” font_container=”tag:h3|font_size:20px|text_align:left” use_theme_fonts=”yes”][vc_column_text]
- Mathematical statement of linear programming problems
- Graphic solution simplex procedure
- Duality problem
[/vc_column_text][vc_custom_heading text=”Depreciation And Taxes” font_container=”tag:h3|font_size:20px|text_align:left” use_theme_fonts=”yes”][vc_column_text]
- Depreciation concept
- Economic life
- Methods of depreciation
- Profit and returns on capital, productivity of capital
- Gain (loss) on the disposal of an asset
- Depreciation as a tax shield
[/vc_column_text][vc_custom_heading text=”Selection Between Alternatives” font_container=”tag:h3|font_size:20px|text_align:left” use_theme_fonts=”yes”][vc_column_text]
- Time value of money and financial rate of return, present value, future value and annuities
- Rate of Return Analysis
- Incremental analysis
- Cost-benefit analysis
- Payback period
- Sensitivity and breakeven analysis
- Alternatives having different lives, making of buy decisions and replacement decisions
[/vc_column_text][vc_custom_heading text=”MAPPING OF CLOs TO PROGRAM LEARNING OUTCOMES” use_theme_fonts=”yes”][vc_column_text]
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CLO’s |
CLO-1 (Understanding of Engineering Economics) |
CLO-2 (Perform Economic Analysis) |
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PLO-1 (Engineering Knowledge) |
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PLO-2 (Problem Analysis) |
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PLO-3 (Design/Development of Solutions) |
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PLO-4 (Investigation) |
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PLO-5 (Modern Tool Usage) |
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PLO-6 (The Engineer and Society) |
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PLO-7 (Environment and Sustainability) |
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PLO-8 (Ethics) |
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PLO-9 (Individual and Team work) |
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PLO-10 (Communication) |
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PLO-11 (Project Management) |
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PLO-12 (Lifelong Learning) |
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[/vc_column_text][vc_custom_heading text=”MAPPING OF CLOs TO ASSESSMENT MODULES” use_theme_fonts=”yes”][vc_column_text css=”.vc_custom_1667201394218{margin-bottom: 0px !important;}”]
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CLOs |
CLO:1 |
CLO:2 |
| Assessment Modules | ||
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Assignments (20-25%) |
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Quizzes (15-20%) |
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Midterm Exam (20%) |
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Final Exam (40-45%) |
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