EG 221 - ENGINEERING ECONOMY
Course Description: Economic selection of machines, structures, and processes. Computer
applications. 3 lec. (PR:EG 107)
Supplementary Text: Newman, D.G., Student's Quick Study Guide, 7th Edition, 1998,
Engineering Press
Topics Covered:
Making Economic Decisions
Engineering Costs and Cost Estimating
Interest and Equivalence
More Interest Formulas
Present Worth Analysis
Annual Cash Flow Analysis
Rate of Return Analysis
Incremental Analysis
Depreciation
Income Taxes
Replacement Analysis
Inflation and Price Change
Estimation of Future Events
Selection of A Minimum Attractive Rate of Return
Homework: Teams of 2 to 3 students will work on and turn in homework problems assigned from the appropriate chapter in the text. Homework will be half of the final grade.
Quizzes: A short open-book quiz will occur each Wednesday, to be done by individual students. Quizzes will be half of the final grade.
Tests: There will be no mid-term or final tests.
Schedule:
Class Chapter Covered
Week of Jan 8 1
Week of Jan 15 2
Week of Jan 22 3
Week of Jan 29 4
Week of Feb 5 5
Week of Feb 12 6
Week of Feb 19 7
Week of Feb 26 8
Week of Mar 5 9
Week of Mar 12 10
Week of Mar 26 11
Week of Apr 2 12
Week of Apr 9 13
Week of Apr 16 14
Week of Apr 23 15
Marshall University Graduate College
100 Angus E. Peyton Drive
South Charleston, WV 25303
800-642-9842 x2040
304-746-2040
bcrockett@marshall.edu