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English
Non-Linear: Random Order
Course Description
This course aims at providing the student with advanced concepts of engineering economic analysis and its role in engineering decision making. It is designed to offer the students the tools needed for rigorous presentation of the effect of the time value of money on engineering problem solving and the capacity to act with ethical and efficient professionalism. The tools introduced include present worth analysis, annual cash flow, rate of return, incremental analysis, future worth analysis, and payback period.
Objectives
To learn about the basics of economics and cost analysis related to engineering so as to take economically sound decisions.
who this course is for
Engineering Graduates, Economists,Investment Bankers etc
1.1 Introduction to Economics
Introduction to Economics - Assessment
10 Questions
2.1 Make or buy decision
Value Engineering - Assessment
10 Questions
3.1 Methods of comparison of alternatives
Cash Flow - Assessment
10 Questions
4.1 Replacement and Maintenance analysis - Introduction
Replacement and Maintenance analysis - Assessment
10 Questions
5.1 Depreciation - Introduction
Depreciation - Assessment
10 Questions
Final Assessment
20 Questions
The certificate issued for the Course will have
Only the e-certificate will be made available. No Hard copies. The certificates issued by Global uLektz Academy. can be e-verifiable at www.ulektzskills.com/verify.
90 hours Learning Content
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