# InfoCoBuild

## Engineering Economic Analysis

Engineering Economic Analysis. Instructor: Prof. Pradeep K. Jha, Department of Mechanical and Industrial Engineering, IIT Roorkee. The course focuses on economic and cost analysis of engineering projects, giving insights on modern techniques and methods used on economic feasibility studies relating to design and implementation of engineering projects. The basic purpose of this course is to provide a sound understanding of concepts and principles of engineering economy and to develop proficiency with methods for making rational decisions regarding problems likely to be encountered in professional practice. (from nptel.ac.in)

 Introduction to Engineering Economy

 Lecture 01 - Introduction to Engineering Economy Lecture 02 - Some Economic Concepts, Value and Utility, Interest and Interest rate, Time Value of Money Lecture 03 - Interest Formulas: Simple and Compound Interest, Cash Flow Diagrams Lecture 04 - Interest Formulas for Discrete Compounding and Discrete Payments: Single Payment Lecture 05 - Interest Formulas for Discrete Compounding and Discrete Payments: Equal Payment Series Lecture 06 - Problem Solving on Discrete Compounding, Discrete Payment Lecture 07 - Interest Formulas for Uniform Gradient Series Lecture 08 - Interest Formulas for Geometric Gradient Series Lecture 09 - Compounding Frequency of Interest: Nominal and Effective Interest Rates Lecture 10 - Problem Solving on Frequency Compounding of Interest and Gradient Series Factors Lecture 11 - Economic Equivalence: Meaning and Principles of Equivalence Lecture 12 - Equivalence Calculations involving Cash Flows Lecture 13 - Methods of Comparison of Alternatives: Present Worth, Annual Equivalent, Future Worth, Internal Rate of Return Lecture 14 - Comparison of Alternatives: Capitalised Equivalent Amount, Capital Recovery with Return Lecture 15 - Problem Solving on Equivalence and Comparison of Alternatives Lecture 16 - Replacement Analysis: Reason, Concept of Defender and Challenger Lecture 17 - Proper Treatment of Sunk Cost in Replacement Lecture 18 - Replacement because of Improved Efficiency, Inadequacy, Demand etc. Lecture 19 - Problem Solving on Replacement Analysis Lecture 20 - Economic Life of the Asset Lecture 21 - Depreciation: Definition, Reasons, Types of Property, Value Time Function and Book Value Lecture 22 - Basic Depreciation Methods: S-L Method, Declining Balance Method Lecture 23 - Depreciation: Declining Balance Switching to S-L, SOYD Method Lecture 24 - Modified Accelerated Cost Recovery System Method of Depreciation, Depletion Lecture 25 - Depreciation: Units of Production Method, Depletion Lecture 26 - Problem Solving based on Depreciation and Depletion Lecture 27 - Elements of Cost: Types of Cost Lecture 28 - Break-even Analysis, Effect of Fixed and Variable Cost on BEP Lecture 29 - Economic Order Quantity Lecture 30 - Problem Solving based on Break-even Analysis and EOQ Lecture 31 - Cost Estimation: Methods of Cost Estimation, Adjustment of Data Lecture 32 - Cost Estimating Relationships Lecture 33 - Introduction to Decision under Risk, Criteria for Decision under Risk Lecture 34 - Expected Value Decision Making under Risk Lecture 35 - Expected Variance Decision Making under Risk Lecture 36 - Problem Solving based on Decision under Risk Lecture 37 - Income Taxes: Principles and Calculation of Effective Income Tax Rates Lecture 38 - Effect of Method of Depreciation on Income Taxes Lecture 39 - After Tax Economic Analysis Lecture 40 - Problem Solving based on Income Tax Analysis

 References Engineering Economic Analysis Instructor: Prof. Pradeep K. Jha, Department of Mechanical and Industrial Engineering, IIT Roorkee. The course focuses on economic and cost analysis of engineering projects.