Engineering Economics

This course covers the mathematics of finance.Topics include engineering decision making, present worth analysis, cash flow analysis, annual equivalent worth analysis, rate of return analysis, depreciation and financial accounting, income taxes, inflation and economic analysis, methods of financing projects, replacement decisions, capital budgeting decisions, and economic analysis in the public sector. Sensitivity (uncertainty) and probabilistic (risk) analysis is also covered. PRE-REQ: a minimum of 36 credits.