Economics for Engineers | Electrical Engineering | SEM 4
Economics for Engineers (3140911) Syllabus :
Syllabus
Overview, Problems, Role, Decision making process.
Fixed, Variable, Marginal & Average Costs, Sunk Costs, Opportunity Costs, Recurring And Nonrecurring Costs, Incremental Costs, Cash Costs vs Book Costs, Life-Cycle Costs; Types Of Estimate, Estimating Models - Per-Unit Model, Segmenting Model, Cost Indexes, Power-Sizing Model, Improvement & Learning Curve, Benefits. Case Study - Price and Income Elasticity of Demand in the real world.
Cash Flow – Diagrams, Categories & Computation, Time Value of Money, Debt repayment, Nominal & Effective Interest.
Calculations, Treatment of Salvage Value, Annual Cash Flow Analysis, Analysis Periods; Internal Rate Of Return, Calculating Rate of Return, Incremental Analysis; Best Alternative Choosing An Analysis Method, Future Worth Analysis, Benefit-Cost Ratio Analysis, Sensitivity And Breakeven Analysis. Economic Analysis In The Public Sector - Quantifying And Valuing Benefits & drawbacks. Case Study – Tata Motors.
Definition, Effects, Causes, Price Change with Indexes, Types of Index, Composite vs Commodity Indexes, Use of Price Indexes In Engineering Economic Analysis, Cash Flows that inflate at different Rates. Case Study – Competition in the Advertise Segment in India.
End-Of-Year Convention, Viewpoint Of Economic Analysis Studies, Borrowed Money Viewpoint, Effect Of Inflation & Deflation, Taxes, Economic Criteria, Applying Present Worth Techniques, Multiple Alternatives.
Syllabus |
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Economics for Engineers | Click Here |
Economics for Engineers - IMP Question :
Material |
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Economics for Engineers IMP Question |
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Economics for Engineers IMP By Amiraj College |
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Chapter-Wise PPTs/Notes :
Economics for Engineers Old Papers :
Economics for Engineers Books :
Books |
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Engineering Economics By R. Panneerselvam | Click Here |
Engineering Economics Analysis | Click Here |
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