EGR 310 - Engineering Economics.

Prior or concurrent election of MTH 120; ECN 201 or ECN 202; or consent of instructor.(3)FQ.

Decision-making process in engineering with economic analysis; the role of quality and cost considerations in manufacturing; economies of scale; cash flow analysis; decisions involving capital expenditures, incremental analysis of multiple options, make or buy, rate of return, and present/future value analysis; income tax and interest considerations.