Skip to main content

Engineering Economics Part 2: Introduction to Engineering Economics TSYH 4721

Transystems Part-time Studies Course

Course details

Applies the principles learned in TSYH 4720 to problems in comparison of alternatives; viability of investment and rate of return; the study of depreciation for the purpose of assessing lease/purchase alternatives and equipment replacement.

Credits

2.0

Cost

$342.77

Course offerings

Spring/Summer 2022

Below is one offering of TSYH 4721 for the Spring/Summer 2022 term.

CRN 20147

Duration

Start any time

  • 26 weeks
  • CRN 20147
  • $342.77
Continuous Entry, Distance or Online

This is a distance learning course. Start any time. You have 26 weeks from the date you register to complete this course.

Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Cost

$342.77

Important information
  1. Correspondence format.
  2. Important course information will be sent to you immediately after registering. Check your myBCIT email account to access this information.
  3. Please note that the above price is for tuition only; textbooks (if required) are additional. Course materials are available in the Learning Hub: learn.bcit.ca/ Textbooks are not shipped automatically, you must order them from the BCIT Bookstore: www.bcitbookstore.ca/distance/
Status

Learning Outcomes

Upon successful completion, the student will be able to:

Module 6 - Introduction to Evaluation Techniques

  • Determine the Payback Period, simple Rate of Return, Net Present Value, Benefit Cost Ratio, and Internal Rate of Return from descriptions of before tax cash flow schemes.
  • Identify the advantages and disadvantages of the commonly used techniques of evaluation.

Module 7 - Evaluation of Proposals with Differing Lifetimes

  • Evaluate proposals with differing lifetimes using the method of Lowest Common Multiple of Lifetimes.
  • Evaluate proposals with differing lifetimes using the method of Capitalized Costs.
  • Evaluate proposals with differing lifetimes using the method of Equivalent Uniform Annual Worth.

Module 8 - Cash Flows after Taxes

  • Determine Capital Cost Allowances using the Straight Line and Constant Rate methods.
  • Prepare cash flows after taxes (CFAT) schedules from text descriptions.
  • Perform NPV evaluations incorporating income taxes for single item accounting and grouped assets accounting.

Module 9 - Replacement Evaluation

  • Evaluate replacement of asset proposals in the before tax situation.
  • Determine EUAC for assets belonging to a grouped CCA class in the after tax situation.
  • Determine the optimal placement policy for new assets in the after tax situation.
  • Evaluate replacement of existing asset.

Effective as of Fall 2003

Related Programs

Engineering Economics Part 2: Introduction to Engineering Economics (TSYH 4721) is offered as a part of the following programs:

School of Construction and the Environment

  1. Civil Technology
    Certificate Part-time
  2. Public Works Supervision
    Associate Certificate Part-time

Contact Us

If you have a question or comment about this course, please complete and submit the form below.

  • Privacy Notice: The information you provide will be used to respond to your request for BCIT program information and is collected under Section 26(c) of the Freedom of Information and Protection of Privacy Act (FIPPA). For more information about BCIT’s privacy practices contact: Associate Director, Privacy, Information Access & Policy Management, British Columbia Institute of Technology, 3700 Willingdon Ave. Burnaby, BC V5G 3H2, email: privacy@bcit.ca.
  • This field is for validation purposes and should be left unchanged.

Subscribe

Interested in being notified about future offerings of Engineering Economics Part 2: Introduction to Engineering Economics (TSYH 4721)? If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.

  • Privacy Notice: The information you provide will be used to respond your request for BCIT program information and is collected under Section 26(c) of the Freedom of Information and Protection of Privacy Act (FIPPA). For more information about BCIT’s privacy practices contact: Associate Director, Privacy, Information Access & Policy Management, British Columbia Institute of Technology, 3700 Willingdon Ave. Burnaby, BC V5A 3H2, email: privacy@bcit.ca.