DTI 540 - Engineering Economics and Digital Finance

Graduate standing. (4)

Study of financial and economic analysis essential for engineering business. Topics include time value of money relationships, digital finance, nominal and effective interest rates, present worth method, annual worth method, rate of return and incremental analysis, depreciation and income taxes, replacement analysis and benefit/cost analysis, cost estimating, and taxes and inflation. Review of basics of financial analysis and financial statements; case studies applying engineering economics principles. Graded ABCDE