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Engineering Economics CETC 1113

2 Credits

Weekly Contact Hours: Lecture – 2 Lab 2 – 3 Lab 3 - 0
Pre-requisite(s): Program Admission
Co-requisite(s): None

Applications of the mathematics of finance used in engineering decision making by utilizing criteria employed in selecting the best alternative; making short-term and long-term decisions; determining which engineering projects should have a higher priority; comparing different ways to finance purchases and project; quantitatively assessing the costs of completing capital projects.

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