Engineering Economics Analysis (Part 1 of 2)

Engineering Economics Analysis (Part 1 of 2), available at $27.99, has an average rating of 4.5, with 60 lectures, based on 42 reviews, and has 162 subscribers.

You will learn about Main concept of time value of money Simple and compound interest rates Economic Equivalence with different cash flows (e.g. single, uniform, gradient, etc.) How to differentiate between “Nominal” and “Effective” interest rates How to deal with multiple compounding of interests How to deal with changing interest rates over time How analyze a commercial loan How to consider inflation in your analysis How to measure the profitability of an investment How to compare between independent and/or mutually exclusive investments This course is ideal for individuals who are Project managers or Financial managers or Investors or Engineers (any discipline) or Potential Engineers in USA or Canada acquiring their "Professional Engineering" registration or Engineering students (any discipline) or Business or Economics students It is particularly useful for Project managers or Financial managers or Investors or Engineers (any discipline) or Potential Engineers in USA or Canada acquiring their "Professional Engineering" registration or Engineering students (any discipline) or Business or Economics students.

Enroll now: Engineering Economics Analysis (Part 1 of 2)

Summary

Title: Engineering Economics Analysis (Part 1 of 2)

Price: $27.99

Average Rating: 4.5

Number of Lectures: 60

Number of Published Lectures: 60

Number of Curriculum Items: 60

Number of Published Curriculum Objects: 60

Original Price: CA$34.99

Quality Status: approved

Status: Live

What You Will Learn

Main concept of time value of money
Simple and compound interest rates
Economic Equivalence with different cash flows (e.g. single, uniform, gradient, etc.)
How to differentiate between “Nominal” and “Effective” interest rates
How to deal with multiple compounding of interests
How to deal with changing interest rates over time
How analyze a commercial loan
How to consider inflation in your analysis
How to measure the profitability of an investment
How to compare between independent and/or mutually exclusive investments

Who Should Attend

Project managers
Financial managers
Investors
Engineers (any discipline)
Potential Engineers in USA or Canada acquiring their "Professional Engineering" registration
Engineering students (any discipline)
Business or Economics students

Target Audiences

Project managers
Financial managers
Investors
Engineers (any discipline)
Potential Engineers in USA or Canada acquiring their "Professional Engineering" registration
Engineering students (any discipline)
Business or Economics students

Any engineering or non-engineering project, business, or investment usually starts by mixed virtual ideas and thoughts. To be translated into reality, such ideas will require several resources, in which the “capital cost” is the most essential. However, before investing our capital cost, several questions need to be answered from an “economic” perspective, such as:

– Is the expected return from the project or investment worth the capital cost?

– Are there other alternatives?

– What are the other alternatives?

– Which alternative is the best?

– What is the confidence level of my selected alternative?

– Etc.

Engineering Economic Analysis can answer these questions and more. In other words, this course is all about decision making from an economic perspective. The term “Engineering” exists as this course will be focusing more on engineering projects. However, the same concept can be applied for non-engineering projects (e.g. importing and selling goods, adopting a new accounting system in your firm, etc.).

Even on a personal level, we deal with “money” on a daily basis. Thus, this course can also help us to understand the management of money and to take economic decisions such as:

– Buy or lease a car,

– Open a saving account in Bank (A) or (B),

– How much saving shall I make each month to have $500K in my account 20 years from now?

– Etc.

This course is divided into two parts with a total of 101 carefully selected examples solved in details to ensure you understand the concept. The main topics that will be covered in part (1) are as follows (see the course contents for more details):

– Time Value of Money

– Economic Equivalence

– Nominal and Effective Interest Rates

– Commercial Loans

– Inflation

– Measuring Worth of Investments

– Comparison of Investments

While, the main topics to be covered in part (2) are as follows:

– Supplementary Analysis

– Capital Budgeting

– Depreciation

– Taxation

– Replacement Analysis

– Economic Analysis in Public Sector

– MARR Selection

Course Curriculum

Chapter 1: SECTION (1): INTRODUCTION

Lecture 1: Lec. (1.1) Welcome

Lecture 2: Lec. (1.2) Project Life Cycle Stages

Lecture 3: Lec. (1.3) What is a Feasibility Study?

Lecture 4: Lec. (1.4) Feasibility Study Process

Lecture 5: Lec. (1.5) What is Engineering Economic Analysis?

Lecture 6: Lec. (1.6) Engineering Economic Analysis Steps

Lecture 7: Lec. (1.7) Cost Terminologies

Lecture 8: Lec. (1.8) Topics to be covered in Part (1)

Lecture 9: Lec. (1.9) Course Management Recommendations

Chapter 2: SECTION (2): TIME VALUE OF MONEY

Lecture 1: Examples on Section 2

Lecture 2: Lec. (2.1) Time Value of Money Concept

Lecture 3: Lec. (2.2) Cash Flow Diagrams

Lecture 4: Lec. (2.3) Interest and Interest Rate

Lecture 5: Lec. (2.4) Types of Interest Rate

Chapter 3: SECTION (3): ECONOMIC EQUIVALENCE

Lecture 1: Economic Equivalence Interest Tables

Lecture 2: Examples on Section 3

Lecture 3: Lec. (3.1) Economic Equivalence Concept

Lecture 4: Lec. (3.2) Single Cash Flow

Lecture 5: Lec. (3.3) Uniform (Equal) Series Cash Flow

Lecture 6: Lec. (3.4) Uneven (Irregular) Series Cash Flow

Lecture 7: Lec. (3.5) Arithmetic (Linear) Gradient Series Cash Flow

Lecture 8: Lec. (3.6) Geometric Gradient Series Cash Flow

Lecture 9: Lec. (3.7) Composite Cash Flow

Chapter 4: SECTION (4): MONEY MANAGEMENT

Lecture 1: Examples on Section 4

Lecture 2: Lec. (4.1) Money Management Aspects

Lecture 3: Lec. (4.2) Multiple Compounding Periods Concept

Lecture 4: Lec. (4.3) Nominal and Effective Interest Rates

Lecture 5: Lec. (4.3A) Case 1 (Approach 1)

Lecture 6: Lec. (4.3B) Case 2 (Approach 2)

Lecture 7: Lec. (4.3C) Case 2 (Approach 3)

Lecture 8: Lec. (4.3D) Case 3 (Approach 4)

Lecture 9: Lec. (4.3E) Approaches Summary

Lecture 10: Lec. (4.4) Changing Interest Rates

Lecture 11: Lec. (4.5) Amortized Loans

Lecture 12: Lec. (4.6) Add-On Loans

Lecture 13: Lec. (4.7) Customized Loans

Lecture 14: Lec. (4.8) Inflation

Chapter 5: SECTION (5): MEASURING WORTH OF INVESTMENTS

Lecture 1: Examples on Section 5

Lecture 2: Lec. (5.1) Project Cash Flow

Lecture 3: Lec. (5.2) Measuring Worth of Investments Methods

Lecture 4: Lec. (5.3) Payback Period Method

Lecture 5: Lec. (5.4) Net Present Worth Method

Lecture 6: Lec. (5.5) Net Future Worth Method

Lecture 7: Lec. (5.6) Net Annual Worth Method

Lecture 8: Lec. (5.7) Internal Rate of Return (IRR) Method

Lecture 9: Lec. (5.7A1) IRR Direct Solution Method

Lecture 10: Lec. (5.7A2) IRR Trial and Error Method

Lecture 11: Lec. (5.7A3) IRR Computer Solution Method

Lecture 12: Lec. (5.7B) IRR for Non-Simple Investments

Lecture 13: Lec. (5.7C) Limitations of IRR Method

Lecture 14: Lec. (5.8) External Rate of Return Method

Lecture 15: Lec. (5.9) Saving / Investment Ratio Method

Lecture 16: Lec. (5.10) Capitalized Equivalent Method

Chapter 6: SECTION (6): COMPARISON OF INVESTMENTS

Lecture 1: Examples on Section 6

Lecture 2: Lec. (6.1) Types of Projects/Investments

Lecture 3: Lec. (6.2) Independent and Mutually Exclusive Projects

Lecture 4: Lec. (6.3) Ranking Approach

Lecture 5: Lec. (6.4) Incremental Approach

Lecture 6: Lec. (6.5) Analysis Period and Useful Life

Lecture 7: Lec. (6.6) Time Span Equalizing

Instructors

Mohamed Elabbasy, Ph.D, PMP
Assistant Professor

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4 stars: 10 votes
5 stars: 30 votes

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