Course Title

Engineering Economy and Feasibility Studies

Course Number

10631301

Instructor Name

Nidal Dwaikat

Contact Information

[email protected]

Semester(s) and academic year(s)

Compulsory / Elective

Compulsory

This course covers the fundamental tools and concepts of economical evaluation of business and engineering projects such as cash flow diagrams, discounted cash flow, break even and minimum cost analysis, present value, future value, net present value, interest rates, decision making analysis and depreciation. The course also covers fundamentals of feasibility studies such as: Terms of reference, Details and problems of the current system, Study methodology, possible solutions & recommendations including a description of the costs and benefits to the enterprise.