ECLT 5930/SEEM 5740: Engineering Economics
2015-16 Second Term
Announcements
- NEW: The final examination will be held on April 25, 2016, from 7pm to 9pm, in ERB LT. Information about the final examination can be found on p.1 of these slides.
- You can pick up your graded Homework 3 from Gongqiu in ERB 802.
- You can pick up your graded Homeworks 1 and 2 from Weijie in ERB 905.
- The class on February 5, 2016 is cancelled due to the upcoming Chinese New Year holidays. A makeup class will be arranged later.
- Welcome to ECLT 5930/SEEM 5740! The first class will be held on January 15, 2016.
- PLEASE READ: Student/Faculty Expectations on Teaching and Learning, from the Faculty of Engineering, The Chinese University of Hong Kong.
General Information
- Instructor: Anthony Man-Cho So (manchoso at se.cuhk.edu.hk)
- Office Hours: By appointment, in ERB 604
- Lecture Time/Location:
- Fridays 7:00pm - 9:30pm, in ERB LT
- Teaching Assistants:
- Weijie Wu (wwu at se.cuhk.edu.hk)
- Office Hours: By appointment, in ERB 905
- Gongqiu Zhang (gqzhang at se.cuhk.edu.hk)
- Office Hours: By appointment, in ERB 802
Course Description
To realize practical and affordable engineering designs, projects, and solutions, engineers must be equipped with the proficiency to make economically sound decisions. This course will cover the basic concepts and techniques useful for economic decision-making. The goal is to build a framework to systematically analyze the economic aspects of engineering solutions and to evaluate alternative designs by considering notions such as time value of money, economic equivalence, depreciation, tax, and benefit-cost ratio.
Course Requirements
- Homework Sets (40%)
- Final Examination (60%)
Primary Text
The primary text for this course is William G. Sullivan, Elin M. Wicks, and C. Patrick Koelling (SWK), Engineering Economy (16th Edition), Pearson Education Limited, 2014.
General References
- Leland T. Blank and Anthony J. Tarquin, Basic of Engineering Economy (7th Edition), The McGraw-Hill Companies, Inc., 2012.
- Donald G. Newnan, Ted G. Eschenbach, and Jerome P. Lavelle, Engineering Economic Analysis (12th Edition), Oxford University Press, 2013.
Lecture Slides and Reading
- Week 1 (Jan 15): Course Schedule, Slides, Read SWK Chapter 1.
- Week 2 (Jan 22): Slides, Read SWK Chapter 2.
- Week 3 (Jan 29): Slides, Read SWK Chapter 3.
- Week 4 (Feb 5): Class cancelled.
- Week 5 (Feb 12): Chinese New Year Holiday
- Week 6 (Feb 19): Slides, Read SWK Chapter 4.
- Weeks 7-8 (Feb 26, Mar 4): Slides, Read SWK Chapter 5.
- Week 9 (Mar 11): Slides, Read SWK Chapter 6.
- Week 10 (Mar 18): Slides, Read SWK Chapter 6.
- Week 11 (Mar 25): Easter Holiday
- Week 12 (Apr 1): Slides, Read SWK Chapter 7. Supplementary Slides
- Week 13 (Apr 8): Slides, Read SWK Chapter 8. Supplementary Slides
- Week 14 (Apr 15): Slides, Read SWK Chapter 10.
- Week 15 (Apr 22): Slides.
Homework Sets (Assignment Box: D07, 5th floor of ERB)
Last Updated: April 23, 2016