This course aims to enable students, to understand the essentials of economic and financial analysis and apply them to financial decision-making in industrial and engineering management. Topics in engineering economics include operating and capital budgets, financial statement used by managers, replacement analysis, and cost of capital and leasing.  The course will also cover analysis of financial statements with an emphasis on implications for engineering management and industrial investment analysis.

Continuous Assessment: 50%

Examination: 50%

Examination Duration: 2 hours