CIVL 395 Engineering Economics and Decision Theory

3 semester hours

The economic evaluation of engineering alternatives. Topics include: time value of money relationships, 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.

Lecture, 3 hours.

University Core fulfilled: Explorations: Understanding Human Behavior.

Prerequisite:

MATH 132

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