Engineering Economics

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About Course

Engineering Economics

Does The Study of  Economics Seem Daunting?

Have You Ever Wondered About Game Theory?

Do You Wonder How Businesses Make Pricing Decisions?

Are You A Business Student or Graduate Who Wants To Learn More?

Do You Get Lost When People Start Talking About Interest Rates, Market Growth, Supply, and Demand?

If You Answered “Yes” To Any Of The Above, Look No Further. This Is The Course For You!

Through the series of videos of the engineering economics course, you will notice an explanation of a set of concepts, including variable cash value, interest, cash flow charts, inflation, in addition to the basics of the tax.

Through these concepts, the course aims to provide the student with skills that help him compare alternatives and determine the economic feasibility

For engineering projects and then the ability to make the decision to invest capital.

Why You Should Take This Course With Me:

Have you ever wanted to fully grasp the world of Economics, but didn’t know where to start?  Have you wanted to develop a better understanding of what makes the financial world go around, and why people, businesses, and countries make decisions?  Most likely there’s an economic reason, and you have come to the right place to learn everything you will need to know.  By the end of this course, you will be an economics pro!

Who this Engineering Economics course is for:

  1. Students of reproduction engineering as a compulsory course, and another engineering as a specialist course.
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What Will You Learn?

  • Time value of money.
  • Cash flow diagrams
  • Compound interest calculations
  • Present and future worth
  • Uniform and gradient series
  • Non annual compounding
  • Multiple project analysis
  • Incremental analysis methodology
  • Inflation
  • Deprecation basics

Course Content

Engineering Economics

  • Introduction
    00:00
  • Definition of Economics
    00:00
  • Flow in the Economy
    00:00
  • Concept of Engineering Economics
    00:00
  • Definition and Scope of Engineering Economics
    00:00
  • Elements of Costs & Other Relevant Costs
    00:00
  • Example #1 on Break Even Analysis
    00:00
  • Profit Volume Ratio and Example
    00:00
  • Examples of Simple Economic Analysis
    00:00
  • Design Selection of a Product
    00:00
  • Process Planning and Modification
    00:00
  • Introduction to Intrest Formulas and Applications
    00:00
  • Time Value of Money
    00:00
  • Interest Formulas with Example
    00:00
  • Single Payment Present Worth Amount with Example
    00:00
  • Equal Payment Series with Equal Amount
    00:00
  • Equal-Payment Series Sinking Fund
    00:00
  • Equal-Payment Series Present Worth Amount
    00:00
  • Equal-Payment Series Capital Recovery Amount
    00:00
  • Uniform Gradient Series Annual Equivalent Amount
    00:00
  • Effective Intrest Rate
    00:00
  • Introduction to PRESENT WORTH METHOD OF COMPARISON
    00:00
  • Example #1 on Present Worth Method
    00:00
  • Example #2 on Present Worth Method
    00:00
  • Example #3 on Present Worth Method
    00:00
  • Example #4 on Present Worth Method
    00:00
  • Example #5 on Present Worth Method
    00:00
  • Example #6 on Present Worth Method
    00:00
  • REVENUE-DOMINATED CASH FLOW DIAGRAM
    00:00
  • COST-DOMINATED CASH FLOW DIAGRAM
    00:00
  • Example #1 On Future Worth Method
    00:00
  • Example #2 On Future Worth Method
    00:00
  • Example #3 On Future Worth Method
    00:00
  • Example #4 On Future Worth Method
    00:00
  • Example #5 On Future Worth Method
    00:00
  • Introduction to Annual Equivalent Method
    00:00
  • REVENUE-DOMINATED CASH FLOW DIAGRAM
    00:00
  • COST-DOMINATED CASH FLOW DIAGRAM
    00:00
  • Alternate Appraoch to Calculate Future Worth
    00:00
  • Example #1 on Future Worth Calculation
    00:00
  • Example #2 on Future Worth Calculation
    00:00
  • Example #3 on Future Worth Calculation
    00:00
  • Example #4 on Future Worth Calculation
    00:00
  • Example #5 on Future Worth Calculation
    00:00
  • Example #6 on Future Worth Calculation
    00:00
  • Example #7 on Annual Equivalent Method
    00:00
  • Example #8 on Annual Equivalent Method
    00:00
  • Example #9 on Annual Equivalent Method
    00:00
  • Example #1 on Rate of Return
    00:00
  • Example #2 on Rate of Return
    00:00
  • Example #3 on Rate of Return
    00:00
  • Example #4 on Rate of Return
    00:00
  • Example #5 on Rate of Return
    00:00
  • Introduction to Replacement and Maintainence Analysis
    00:00
  • TYPES OF MAINTENANCE
    00:00
  • TYPES OF REPLACEMENT PROBLEM
    00:00
  • DETERMINATION OF ECONOMIC LIFE OF AN ASSET
    00:00
  • Example #1 on Replacement
    00:00
  • Example #2 on Replacement
    00:00
  • Example #3 on Replacement
    00:00
  • REPLACEMENT OF EXISTING ASSET WITH A NEW ASSET
    00:00
  • Capital Recovery with Return with Examples
    00:00
  • SIMPLE PROBABILISTIC MODEL FOR ITEMS WHICH FAIL COMPLETELY
    00:00
  • Example #1 on Probabilistic Model
    00:00
  • Introduction and Methods of Depreciation
    00:00
  • Example #1 on Depreciation
    00:00
  • Example #2 on Depreciation
    00:00
  • Declining Balance Method of Depreciation
    00:00
  • Example #3 on Depreciation
    00:00
  • Example #4 on Depreciation
    00:00
  • Example #5 on Depreciation
    00:00
  • Example #6 on Depreciation
    00:00
  • Sinking Fund Method of Depreciation
    00:00
  • Example #8 on Depreciation
    00:00
  • Service Output Method of Depreciation
    00:00
  • Example #9 on Depreciation
    00:00
  • Introduction to EVALUATION OF PUBLIC ALTERNATIVES”
    00:00
  • Example #1 on Benefit to Cost Ratio
    00:00
  • Example #2 on Benefit to Cost Ratio
    00:00
  • Example #3 on Benefit to Cost Ratio
    00:00
  • Example #4 on Benefit to Cost Ratio
    00:00
  • Example #5 on Benefit to Cost Ratio
    00:00

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