List of Courses

Information
Description
Outcomes
Contents
Methodologies
Assessment
Books

Engineering Economics

Course Code :
MAN 381
Level :
Undergraduate
Course Hours :
2.00 Hours
Department :
Department of Electrical Engineering

Instructor information :

Title:Assistant Lecturer
Name: Ahmed Salah Rashad Ahmed Abdelhakk
Office hours:-Hours

Area of Study :

 Develop the students' knowledge about the present worth, the future worth and the annual worth for a given plant.  Acquire students with basics that enable him to draw the cash flow diagram  Train students to apply methods of economic selection among alternatives.  Prepare students to be able to share ideas and work in a team or a group

For further information :

Telephone: 16383 (16FUE)
E-mail: [email protected]

Engineering Economics

Introductory finance: time value of money, cash flow analysis, and Investment evaluation methods: present worth, annual worth and internal rate of return, Depreciation models and asset replacement analysis, the impact of inflation, Bonds and Breakeven analysis.

For further information :

Telephone: 16383 (16FUE)
E-mail: [email protected]

Engineering Economics

Course outcomes:

a. Knowledge and Understanding:

1-	Define different items and quantities used in engineering economy.
2-	Summarize the evaluation methods of a single project.
3-	Demonstrate understanding of the breakeven concept and its governing relations.
4-	Explain the methods used in depreciation calculations.
5-	Define terminologies describing and dealing with bonds.
6-	Compare different methods used for economical selection between alternatives.
7-	Demonstrate the governing methods of depreciation.
8-	Describe specific steps for economical selection among offered alternatives (projects).

b. Intellectual Skills:

1-	Deduce the relations between economical items such as present value, future value, and annual value.
2-	Evaluate the salvage value for an equipment for a certain period.
3-	Calculate the book value for an equipment at the end of a certain year.
4-	Determine the depreciation for a specific device.
5-	Find the present value paid for a bond under specific properties.
6-	Evaluate the breakeven value and maximum profit of a product considering the variable market conditions.
7-	Implement correct steps to evaluate the economical critical values of a given cash flow diagram such as present worth, annual worth, and future values.

c. Professional and Practical Skills:

1-	Apply an economical evaluation method to select between offered alternatives.

d. General and Transferable Skills:

1-	Collaborate effectively within multidisciplinary team.
2-	Communicate effectively

For further information :

Telephone: 16383 (16FUE)
E-mail: [email protected]

Engineering Economics

Course topics and contents:

Topic	No. of hours	Lecture	Tutorial/Practical
Introductory Finance: time value of money	3	2	1
Cash Flow Analysis	8	6	2
Investment evaluation methods: present worth, annual worth and internal rate of return	9	6	3
Depreciation models and asset replacement analysis	6	4	2
Bonds study	4	2	2
The impact of inflation, taxation, uncertainty and risk on investment decisions	6	4	2
Annual cost comparison of both equal- life and different- life alternatives.	3	2	1
Concepts of breakeven and maximum profits	6	4	2

For further information :

Telephone: 16383 (16FUE)
E-mail: [email protected]

Engineering Economics

Teaching And Learning Methodologies:

Teaching and learning methods
Interactive Lecture
Small Groups Discussion
Problem-based Learning
Report

For further information :

Telephone: 16383 (16FUE)
E-mail: [email protected]

Engineering Economics

Course Assessment :

Methods of assessment	Relative weight %	Week No.	Assess What
Assignments	5.00
Final Exam	40.00
Mid- Exam I	15.00
Mid- Exam II	15.00
Performance	5.00
Quizzes	10.00
Reports	10.00

For further information :

Telephone: 16383 (16FUE)
E-mail: [email protected]

Engineering Economics

Books:

Book	Author	Publisher

Course notes :

No course notes are required

Recommended books :

1. William G. Sullivan, Elin M. Wicks C. Patrick, and Koelling, "Engineering Economy”, Pearson, 17th edition, 2018. 2. Leland Blank and Anthony Tarquin, " Engineering Economy”, McGraw-Hill Education, 8th edition, 2018.