National University 3.0 credits
Advanced Engineering Economics focuses on two major areas, namely, engineering economic financial analysis for projects, and evaluate the impact of continually changing technology on businesses. Engineering financial analysis will focus on pure financial aspects covering the present and future value of money, NPV, ROI, IRR, and their application to project costs. The second part will focus on different business models employed by the various industry segments to gain insight into the interplay between business models and the engineering economy due to advancing technology. Finally, the course will analyze the impact of global competitive pressures at national and international levels on technology choices.
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