ECLT 5930/SEEM 5740: Engineering Economics

2015-16 Second Term


Announcements


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