CVEEN 2320 - Civil Engineering Economics & Management

Fundamental engineering economics topics, including time value of money (equivalence, present and future worth, equivalent annual worth, internal rate of return), types of cost (fixed, variable, average, direct and indirect, incremental, sunk, opportunity cost), economic analyses (breakeven, cost-benefit, life-cycle), uncertainty with expected monetary value, corporate taxes, inflation. Fundamental business and management topics, including legal forms, basic business administration and management.