EGMT 531: Economics for Engineering Management
Instructor: Dr. Stephen Smith
Description: This course provides a review of economic analysis, with emphasis on those phases of major interest to engineering administration. Covers the calculation of economic equivalence, inflation and the purchasing power of money, decision making among alternatives, evaluation of public activities, and estimation of costs.
- Contemporary Engineering Economics, 5th ed. by Chan S. Park. ISBN-13: 978-0136118480 *NOTE - Not the international edition!*
Scheduled: Fall and Spring
Note: Students with zero accounting or finance knowledge may find "Managerial Accounting" by Garrison and Noreen to be useful supplementary reading.