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Learning Path

Non-Linear: Random Order

About the Course

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.

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


Course Study Materials
Module 1: Introduction to Economics
  • 1.1 Introduction to Economics
  • Introduction to Economics - Assessment 10 Questions
Module 2: Value Engineering
  • 2.1 Make or buy decision
  • Value Engineering - Assessment 10 Questions
Module 3: Cash Flow
  • 3.1 Methods of comparison of alternatives
  • Cash Flow - Assessment 10 Questions
Module 4: Replacement and Maintenance analysis
  • 4.1 Replacement and Maintenance analysis - Introduction
  • Replacement and Maintenance analysis - Assessment 10 Questions
Module 5: Depreciation
  • 5.1 Depreciation - Introduction
  • Depreciation - Assessment 10 Questions
Final Assessment
  • Final Assessment 20 Questions

The certificate issued for the Course will have

  • Student's Name
  • Photograph
  • Course Title
  • Certificate Number
  • Date of Course Completion
  • Name(s) and Logo(s) of the Certifying Bodies
  • .

    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.

    • Students will be assessed both at the end of each module and at the end of the Course.
    • Students scoring a minimum of 50% in the assessments are considered for Certifications
  • 90 hours Learning Content
  • 100% online Courses
  • English Language
  • Certifications


Registration opens on 04-02-2019


Your registration details are under review. It should take about 1 to 2 working days. Once approved you will be notified by email and then you should be able to access the course.

Course Approved

Approval Pending - In-Progress

Course access details will be shared within 24 hours.
For help contact: support@ulektz.com

Course Enrollment


Course starts on 27-10-2022


You have completed 6 hours of learning for 14-04-2024. You can continue learning starting 15-04-2024.


This course can only be taken in sequential order.


You have completed the course. You will be notified by email once the certificate is generated.


Are you sure want to enroll this course?.


Global Quality Training and Assessors Pvt Ltd

in association with uLektz Learning Solutions Pvt Ltd

hereby certifies that

has successfully completed the
Basics of Engineering Economics and Cost Analysis

April 14, 2024



Founder & CEO

Certificate No:


Founder & Director


S.no Date Title Reason

Result Summary

Basics of Engineering Economics and Cost Analysis