University of Portland Bulletin 2013-2014

EGR 351 Engineering Economics

Economic analysis for choice among alternatives; present worth analysis, annual worth, rate of return and benefit-cost ratio analysis; effects of depreciation, sources of funds, inflation and income tax; analysis of decision under risk and uncertainty. Discussion of unemployment rate and inflation, financial markets, as well as the use of monetary and fiscal policies to regulate the economy.

Prerequisite

Sophomore standing.
  • Up one level
  • 300