CEN 402 - Engineering Economy

2 credits
2 hours lecture
Prerequisites: MTH 112 or MTH 114
A study of the principles involved in the analysis of proposed investment in capital assets for decision-making. Emphasis is placed on techniques for economy studies of multiple alternatives, uncertainties in forecasts, increment costs, taxes, retirement and replacement. Current economic issues, overview of economic decision-making and investment are also discussed. Enrollment is normally limited to engineering seniors. Enrollment is normally limited to engineering seniors.