Engineering Economic Analysis

This course has been discontinued.

This five-hour online course is a review of engineering economy analysis concepts. The course reviews the basic concepts of economic analysis, including the time value of money, cash flow diagrams, and present value methods. The most common analysis factors that are used in economic analysis are explored. Both discrete compounding and continuous compounding factors are discussed. Methods for converting annual values to present values, future values to present values, and future values to annual values are shown, as well as their complement equations. Several different analysis methods are reviewed, including present worth, annual cost, capitalized annual cost, payback, and multiple alternative analysis. The effects of taxes, including depreciation effects, are explained and shown in examples.