Academic Catalog

IE441 MODELING IN ENGINEERING ECONOMY

Course Code: 5680441
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:
Offered Semester: Once in several years.
Prerequisite: Set 1: 5680347
The course set above should be completed before taking IE441 MODELING IN ENGINEERING ECONOMY.

Course Content

Investment and financing decisions of the firm. Cost of capital and selection of a minimum attractive rate of return. Economic analysis under risk and uncertainty. Effects of inflation and construction and use of index numbers.