GENTECH 3EE3 - Engineering Economics

3 unit(s)

Costing methods for engineering designs and processes; minimum attractive rate of return, return sensitivities, time value of money, internal rates of return, payback period, amortization of equipment and capital cost allowance structures.
Three lectures; one term; may be offered online or in-person
Prerequisite(s): Registration in Civil Engineering Infrastructure Technology, Manufacturing Engineering Technology, Power and Energy Engineering Technology or Software Engineering Technology
Antirequisite(s): GENTECH 1EE3, 2EE3