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Engineering Economics Part 2: Introduction to Engineering Economics TSYH 4721

Transystems Course

International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

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.






Course offerings

Fall 2023

Below is one offering of TSYH 4721 for the Fall 2023 term.

CRN 30961


Start any time

  • 26 weeks
  • CRN 30961
  • $357.50
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.



Course outline

Course outline TBD — see Learning Outcomes in the interim.



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: Textbooks are not shipped automatically, please order them from the BCIT Bookstore: Civil Technology PTS Department:

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


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