Course

Economic Decision Analysis in Engineering - GSOE9830

Faculty: Faculty of Engineering

School: School of Mechanical and Manufacturing Engineering

Course Outline: www.unsw.edu.au

Campus: Sydney

Career: Postgraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.

Description

Project initiation and development, review of practical decision-making problems and relevant techniques, benefit/cost analysis, time value of money, Nominal and effective interest rate, calculation involving multiple interest formulae, internal rate of return, payback period method, comparisons of alternative investments, depreciation methods, income tax consideration, inflation, replacement analysis, sensitivity analysis, life-cycle costing, economic analysis of projects.


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