GENTECH 2EE3 - Engineering Economics

3 unit(s)

Costing methods of engineering designs and processes; minimum attractive rate of return, return sensitivities, time value of money, internal rates of return, pay-back period, amortization of equipment and capital cost allowance structures.
Three lectures; second term
Prerequisite(s): Registration in Level II of Automation Engineering Technology, Automotive and Vehicle Engineering Technology, or Biotechnology
Antirequisite(s): GENTECH 3EE3