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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- 3 stars: 2 votes
- 4 stars: 10 votes
- 5 stars: 30 votes
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