ISEN 361 - Engineering Economic and Cost Analysis

3 Credit(s)
3 Lecture Hour(s)
0 Lab Hour(s)

This course covers the time value of money, cash flows, and methods of evaluating alternatives based on present worth, annual worth, rate of return, payback period and benefit/cost analysis including consideration for depreciation, taxes and inflation. The course also introduces cost determination for decision-making, breakeven analysis, and replacement analysis.

Prerequisite(s): Sophomore standing.