On Engineering Economics

The subject of Engineering Economics covers the following topics:

1. Basic notions in costing (see videos on Opportunity Cost; PPF and opportunity cost)
2. Interest and Equivalence (including the concept of time value of money)
3. Present Worth Analysis
4. Future Worth Analysis
5. Equivalent Annual Worth Analysis
6. Rate of Return Analysis
7. Benefit cost analysis
8. Sensitivity Analysis
9. Breakeven analysis
10. Depreciation
11. Income tax
12. Replacement Analysis
13. Inflation

References

1. Panneerselvam, R. (2001) Engineering Economics, Prentic-Hall
2. Riggs, J.L., Bedworth, D.D., and Randhawa, S.U. (1998) Engineering Economics, McGraw-Hill
3. Lecture notes folder on Engin. Econ.: https://www.facebook.com/media/set/?set=a.10150107684722090.319360.713727089&type=3
4. On Economics: http://en.wikipedia.org/wiki/Economics