Economics for Engineers | Electrical Engineering | SEM 4 | 3140911 | GTU


Economics for Engineers | Electrical Engineering | SEM 4






Economics for Engineers (3140911) Syllabus :

Syllabus

1 Economic Decisions Making

Overview, Problems, Role, Decision making process.

2 Engineering Costs & Estimation

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.

3 Cash Flow, Interest and Equivalence

Cash Flow – Diagrams, Categories & Computation, Time Value of Money, Debt repayment, Nominal & Effective Interest.

4 Cash Flow & Rate Of Return Analysis

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

5 Inflation And Price Change

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

6 Present Worth Analysis

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 Download
Economics for EngineersClick Here

Economics for Engineers - IMP Question :

Material Download
Economics for Engineers IMP Question Click Here
Economics for Engineers IMP By Amiraj College Click Here

Chapter-Wise PPTs/Notes :

Units Download(Notes)
Introduction to Economics and CostClick Here
Cost AnalysisClick Here
Cash FlowClick Here

Economics for Engineers Old Papers :

Year(Winter/Summer) Question Paper
Winter 2020Click Here
Winter 2021Click Here
Summer 2020Click Here
Summer 2021Click Here

Economics for Engineers Books :

Books Download
Engineering Economics By R. PanneerselvamClick Here
Engineering Economics AnalysisClick Here





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