CE231 ENGINEERING ECONOMY
| Course Code: |
5620231 |
| METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
| ECTS Credit: |
5.0 |
| Department: |
Civil Engineering |
| Language of Instruction: |
English |
| Level of Study: |
Undergraduate |
| Course Coordinator: |
Assoc.Prof.Dr. GÜZÝDE ATASOY ÖZCAN |
| Offered Semester: |
Fall Semesters. |
Course Content
Introduction to engineering economy, interest and money-time relationship, effective and nominal interest, compound interest, methods of comparison of alternatives by using present worth, annual equivalent and rate of return techniques, depreciation and replacement analysis, economic life problems, cost-benefit analysis, break-even analysis, playback period, effect of inflation.
