This four-hour online course gives the working engineer an overview of the economics methods employed in effective engineering decisions as related to the designing, planning and implementation of successful projects.

Course Topics

It emphasizes the practical benefits of the applications of such tools as Time Value of Money calculations, Depreciation, Replacement Analysis, Benefit to Cost Ratios, Break-even Analysis, and Life Cycle Cost.

Additional Course Information

This course includes a multiple-choice quiz at the end, which is designed to enhance the understanding of the course materials.