Course syllabus
010913430-65 เศรษฐศาสตร์วิศวกรรม (Engineering Economy)
Course Syllabus
Data entry : Asst.Prof. Dr.Chartchai Usadornsak
1. Course number and name
010913430-65 เศรษฐศาสตร์วิศวกรรม (Engineering Economy)
2. Credits and contact hours
3(3-0-6)
3. Instructor’s or course coordinator’s name
Asst.Prof. Dr.Chartchai Usadornsak
4. Text book, title, author, and year
- “Engineering Economy” by Sullivan, William G., Wicks, Elin M. and Koelling, C. Patrick., 2015.
- “Engineering Economy” by Chartchai U. and Pacharaporn N., 2017.
5. Specific course information
- brief description of the content of the course (catalog description)
Methods of comparison; depreciation; evaluation of replacement; risk and uncertainty; estimating income tax consequences. - prerequisites or co-requisites
- indicate whether a required, elective, or selected elective (as per Table 5-1) course in the program
Required : A required course in the program in the Industrial Engineering Program.
6. Specific goals for the course
- specific outcomes of instruction (e.g. The student will be able to explain the significance of current research about a particular topic.)
- CLO1 • Able to understand the basic principles of engineering economy
- CLO2 • Able to choose project or machinery based on engineering economy
- CLO3 • Able to understand and apply various for calculating depreciation
- CLO4 • Able to analyze asset replacement and asset lifetimes economically
- CLO5 • Able to perform break-even analysis
- explicitly indicate which of the student outcomes listed in Criterion 3 or any other outcomes are addressed by the course.
ABET Student Outcome (SO) Listed in Criterion 3 Performance indicator SO1 an ability to identify, formulate, and solve complex engineering problems by applying principles of engineering, science, and mathematics. - PI-1.1 Identify the problem and identify key issues/variables
- PI-1.2 Formulate an appropriate model of a system or process
- PI-1.3 Show solution procedure (or Solving methods)
7. Brief list of topics to be covered
| Week | Topic | Details | Activities |
|---|---|---|---|
| 1-2 | Future value and present value | ||
| 3 | Interest rates and compounding | ||
| 4 | Cash flow diagrams | ||
| 5 | Net present value (NPV) | ||
| 6-7 | Internal rate of return (IRR) | ||
| 8-9 | Incremental analysis | ||
| 10-11 | Methods of depreciation | ||
| 12-13 | Replacement analysis | ||
| 14-15 | Sensitivity analysis |
8. Course Assessment
| Course assessment | Weight score (%) | Assessment tools | Date |
|---|---|---|---|
| Quiz and homework | 40 | quiz, assignment | 23 Jun 2026 - 06 Oct 2026 |
| Final exam. | 60 | final examination | 28 Oct 2026 |
The grading table
| Grading | Rank |
|---|---|
| >= 80% | A |
| 73% - 79.99% | B+ |
| 66% - 72.99% | B |
| 59% - 65.99% | C+ |
| 52% - 58.99% | C |
| 46% - 51.99% | D+ |
| 40% - 45.99% | D |
| 0% - 39.99% | F |
หมายเหตุ - ลำดับเนื้อหาจะมีการปรับเปลี่ยนตามความเหมาะสม