IET 33400

Economic Analysis For Technology Systems

Credit Hours: 3.00.  This course examines techniques of economic analysis for systems technologists, engineers, and leaders who evaluate and determine the financial attractiveness of multiple alternatives. Emphasizes economic feasibility and applying time value of money concepts to cost-volume-profit decisions. Topics include present worth, rate of return, benefit-cost, payback, breakeven analysis, depreciation, economic optimization, and decision-making under uncertainty.  

This course is offered by the School of Engineering Technology