Engineering Economics : Road To Financial Decision Making

Through all the given topics, you will be able to improve you financial decisions while making investments.

What you'll learn

Concepts of Engineering Economics

Rate of Return Analysis and concepts of payback period

Cost Analysis and types of Cost

Improve decision making

Present and Future worth analysis

Interest, time value of money and Annuity

Requirements

Basic understanding of Economics

Basic understanding of Engineering and mathematics

Understanding level of student should be at least bachelors

Be able to read the slide

Description

Limits, derivatives, integrals and much more in just one course!HOW TO LEARN IN THE BEST, CLEAR AND FAST WAY POSSIBLE CALCULUS 1!Do you want to make effective financial investments?  Do you want to learn relationship of engineering with economics? Well, this course may be the solution you’re looking for!In this course you will find all the topics of Engineering Economics explained with video lectures, step-by-step examples, interesting proofs, formulas sheets and a lot of examples to solve by yourself in order to maximize your study.THE SCHEDULE OF THIS COURSE IS BASED ON:Definition of Engineering EconomicsWhy Engineering Economics is important for making financial decisionsSimple and Compound InterestPresent worth AnalysisFuture worth AnalysisAnnual worth AnalysisRate of ReturnInterest Return RatePayback Period.IN EVERY SECTION YOU WILL FIND:Lectures: are video in which we will explain to you all the concepts of Engineering Economics, they are fundamental to learn in the best way possible the theoretical part, nevertheless you will also find numerical and graphical examples so you will understand the concepts also from a practical point of view.Interest table: is PDF file in through which you can solve numerous problems directly without performing calculations.It’s very useful to analyze carefully the interest table because in doing so you will learn how to approach and solve all the possible types of exercises that you will encounter typically in Engineering Economics.Practice Exercise: are useful for you to check your progress and understanding of the taught topics.Of course I will always be by your side during this journey so, do not hesitate to ask whenever you have a problem or something is not clear enough.What are you waiting for?See you in the first lecture!

Overview

Section 1: Introduction

Lecture 1 Introduction

Section 2: Cost and its types

Lecture 2 Cost and Its Types

Section 3: Present and Future Worth Analysis

Lecture 3 Interest Equivalence and Time value of Money

Section 4: Annuity

Lecture 4 Annuity

Section 5: Rate of Return Analysis

Lecture 5 Rate of Return Analysis

Lecture 6 Payback Period

Section 6: Example and Practice Exercise

Lecture 7 Excel Example

Section 7: Quiz

Engineering Students, Economics Students, Working Professionals, Construction Professionals