IE440 ENGINEERING ECONOMY
| Course Code: |
5680440 |
| METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
| ECTS Credit: |
5.0 |
| Department: |
Industrial Engineering |
| Language of Instruction: |
English |
| Level of Study: |
Undergraduate |
| Course Coordinator: |
Prof.Dr. SERHAN DURAN |
| Offered Semester: |
Fall or Spring Semesters. |
Course Content
Modeling economic factors bearing on design and decision-making. Basic time value models. Methods of evaluating alternatives. The effect of taxes and depreciation on investment decisions. The impact of inflation. Measuring costs in industry. Analysis of public projects. Risk and sensitivity analysis in engineering economic analysis. (Offered to non-IE students only).
