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 Mechanical Engineering

Instructor information :

Title:Associate Professor
Name: Dina Mahmoud Mohamed Elsayed Mansour
Office hours:1-Hours

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

Area of Study :

 Develop the student’s ability to use the concepts of engineering economy as part of the decision making process.  Enrich the student’s knowledge and understanding about the time value of money, engineering economic factors, cash flow analysis, depreciation models, breakeven analysis and the different investment evaluation methods.  Train the student on how to use the different evaluation methods for comparison between different alternatives and how to utilize the spreadsheet functions for performing economic calculations.  Enhance the student’s understanding by applying the steps of the engineering economic analysis in a group project.

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, taxation, uncertainty and risk on investment decisions.

For further information :

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

Engineering Economics

Course outcomes:

a. Knowledge and Understanding:

1-	Explain the basic concepts of engineering economy as part of a decision making process.
2-	Interpret the different engineering economy factors.
3-	Identify the different methods for comparison of alternatives.
4-	Differentiate between investment alternatives and proposals
5-	Differentiate between the different depreciation models.
6-	Recognize the impact of the sensitivity analysis on comparison of alternatives.

b. Intellectual Skills:

1-	Apply the basic concepts of engineering economy as part of a decision making process.
2-	Develop investment alternatives & proposals for an engineering project.
3-	Utilize spreadsheet functions to perform economic calculations.
4-	Evaluate investment opportunities and compare between alternatives using single and combined engineering economic factors.
5-	Perform breakeven analysis and sensitivity analysis under uncertainty conditions.

c. Professional and Practical Skills:

1-	Select an engineering project with the required information about its economic data.
2-	Apply engineering economic analysis on an engineering project
3-	Prepare a project technical report.

d. General and Transferable Skills:

1-	Search for cost and economic data for a new project
2-	Work in a group project
3-	Submit on time assignments and project.
4-	Utilize spreadsheet functions for economic analysis of investment alternatives.
5-	Conduct appropriately course project presentation using power point.

For further information :

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

Engineering Economics

Course topics and contents:

Topic	No. of hours	Lecture	Tutorial/Practical
Introduction to Engineering Economic analysisIntroduction to Engineering Economic analysis	2	2	0
Time Value of Money Simple and compound interest Single cash flows Multiple cash flow series: Uniform, Gradient and geometric Factors for present, future and annuity worth Nominal and effective interest rates Continuous Compounding	12	8	4
Borrowing, Lending and investing	5	4	1
Planning Horizon and Minimum attractive rate of return	5	4	1
Comparison of Alternatives	9	6	3
Depreciation	3	2	1
Supplementary Analysisdifferent- life alternatives.	3	2	1
Project Follow up	3	0	3
Project Presentations	3	2	1

For further information :

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

Engineering Economics

Teaching And Learning Methodologies:

Teaching and learning methods
Interactive Lecturing
Problem solving
Discussion
Project
Presentation

For further information :

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

Engineering Economics

Course Assessment :

Methods of assessment	Relative weight %	Week No.	Assess What
Assignment	5.00
Final	40.00
Mid- Exam 1I	15.00
Mid- Exam I	15.00
Participation	10.00
Project	10.00
Quizzes	5.00

For further information :

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

Engineering Economics

Books:

Book	Author	Publisher

Recommended books :

Essential books (text books) William G. Sullivan, Elin M. Wicks C. Patrick, and Koelling, "Engineering economy”, Fifteenth Edition, 2013. Recommended books R. Panneerselvam ," Engineering Economics”, Thirteenth Printing Published by Asoke K. Ghosh, PHI Learning Private Limited, M-97, Connaught Circus, New Delhi-110001 and Printed by Meenakshi Art Printers, Delhi-11000, January, 2012