Course syllabus

010153907-63 เศรษฐศาสตร์วิศวกรรม (Engineering Economics)

Course Syllabus

Data entry : Asst.Prof. Dr.Tapanee Treeratanaporn
1. Course number and name

010153907-63 เศรษฐศาสตร์วิศวกรรม (Engineering Economics)

2. Credits and contact hours

3(3-0-6)

3. Instructor’s or course coordinator’s name

Asst.Prof. Dr.Tapanee Treeratanaporn

4. Text book, title, author, and year

  1. William G. Sullivan et.al, Engineering Economy 16th Edition, Pearson.
  2. Leland Blank and Anthony Tarquin, Engineering Economy 8th Edition, McGrawHill Education International Edition

5. Specific course information

  1. brief description of the content of the course (catalog description)
    Basic concepts in engineering economy, cost concept based on activity and quality, time value of money, measurement of investment, comparison of alternatives, depreciation and income tax consideration, replacement analysis, decision making under risk and uncertainty, and break-even analysis.
  2. prerequisites or co-requisites
  3. indicate whether a required, elective, or selected elective (as per Table 5-1) course in the program
    Elective :

6. Specific goals for the course

  1. specific outcomes of instruction (e.g. The student will be able to explain the significance of current research about a particular topic.)
    1. CLO1 An ability to identify, formulate, and solve complex engineering economy problems by applying principles of engineering, economics, science, and mathematics
  2. 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 Course learning outcome (CLO)
    SO1 an ability to identify, formulate, and solve complex engineering problems by applying principles of engineering, science, and mathematics.
    • CLO1 An ability to identify, formulate, and solve complex engineering economy problems by applying principles of engineering, economics, science, and mathematics

7. Brief list of topics to be covered
Week Topic Details Activities
Topic#2: Cost Concept and Design Cost concept Cash flow diagram
Topic#3: Time Value of Money Cash flow Outflow Inflow
Topic#4: Worth Analysis Present Worth Analysis
Topic#5: Annual Worth Analysis Annual Worth Analysis
Topic#6: Rate of Return Analysis ROR IRR MARR
Topic#7: Cost-Benefit Analysis CBA
Topic#8: Depreciation Method Depreciation method
Topic#9: Income Tax Analysis Income Tax Analysis
Topic#10: Replacement Decision Replacement Decision
Topic#11: Decision Making under Risk and Unce Decision Making under Risk and Uncertainty
Topic#12: Break-Even Analysis Break Even Analysis
Topic#1: Introduction to Engineering Economic What is Engineering Economics?, Importance, How to apply?, and Case studies.
8. Course Assessment
Course assessment Weight score (%) Assessment tools Date
Midterm 40 midterm examination
Final 40 final examination
Assignment 20 quiz, assignment, group discussion

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