Emphasizes the importance of making sound economic decisions when faced with alternative methods of solving technical problems. Provides the basic skills and concepts required to analyze comparative costs and to understand the time value of money (interest), inflation, depreciation, running costs, salvage value and tax considerations.
- No prerequisites are required for this course.
- Not offered this term
- This course is not offered this term. Please check back next term or subscribe to receive notifications of future course offerings and other opportunities to learn more about this course and related programs.
Engineering Economics (OPMT 1105) is offered as a part of the following programs:
School of Business + Media
- Operations Management (Industrial Engineering Option)
- Operations Management (Management Engineering Option)
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Programs and courses are subject to change without notice.