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 in an in-person or virtual format
Prerequisite(s): Registration in the Civil Engineering Infrastructure Technology Co-op program, the Manufacturing Engineering Technology Co-op program, or the Power and Energy Engineering Technology Co-op program
Antirequisite(s): GENTECH 1EE3, 2EE3, SFGNTECH 3EE3