Difference between revisions of "Engineering economics - 2012"
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| vimeoID3 = 49468885 | | vimeoID3 = 49468885 | ||
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| course_notes_PDF = | | course_notes_PDF = | ||
| course_notes_alt = Course notes | | course_notes_alt = Course notes | ||
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| video_download_link_MP4 = http://learnche.mcmaster.ca/media/4N4-2012-02A.mp4 | | video_download_link_MP4 = http://learnche.mcmaster.ca/media/4N4-2012-02A.mp4 | ||
| video_download_link_MP4_size = | | video_download_link_MP4_size = 113 M | ||
| video_notes1 = | | video_notes1 = | ||
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| video_download_link2_MP4_size = | | video_download_link2_MP4_size = 109 M | ||
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* We will wrap up Measures of Profitability (slides 49 to 54); including jumping ahead to slides 88 to 90. | * We will wrap up Measures of Profitability (slides 49 to 54); including jumping ahead to slides 88 to 90. | ||
* [http://learnche.mcmaster.ca/media/4N4-2012-Class-03B.mp3 Audio] and [http://learnche.mcmaster.ca/media/4N4-2012-03B.mp4 video] recording of the class | |||
=== 21 September 2012 === | === 21 September 2012 === | ||
Revision as of 19:12, 20 September 2012
| Class date(s): | 11 September onwards | ||||
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Class slides
The slides are in tab 3 of the notes.
11 September 2012
In this class we give an overview of the "Engineering Economics" section of the course. We start by introducing the topic of the time-value of money.
- Slides: We cover slides 1 to 24. Slides 19, 20 and 23 are exercises for you to do on your own.
- Audio and video recording of the class
- Self-learning: here's an interesting PDF explaining time value of money and engineering economic concepts
- Enrichment: I mentioned an article about packed distillation towers in class today.
13 September 2012
We continue considering the time value of money (TVM) and do some class exercises.
- Slides: We cover slides 24 to 29. Slides 30 and 31 will feature in the next tutorial.
- Audio and video recording of the class
14 September 2012
- We wrap up the TVM section with one more example and then continue looking at Measures of Profitability: slides 32 to 42
- Audio and video (bad sound!)
18 September 2012
- We continue with various Measures of Profitability: slides 42 to 48
- Audio and video recording of the class
20 September 2012
- We will wrap up Measures of Profitability (slides 49 to 54); including jumping ahead to slides 88 to 90.
- Audio and video recording of the class
21 September 2012
- We will cover Depreciation, slide 63 to 80.
Selected references
The following printed materials have influenced the course content. In alphabetical order:
| Author(s) | Title | Library link | Google search for ISBN | Amazon link for ISBN |
|---|---|---|---|---|
| Blank and Tarquin | Engineering Economy (7th edition, or earlier) | McMaster | Amazon | |
| Fraser et al. | Engineering Economics in Canada (3rd edition, or earlier) | McMaster | Amazon | |
| Fraser et al. | Global Engineering Economics (4th edition, or earlier) | McMaster | Amazon | |
| Park, Zuo and Pelot | Contemporary Engineering Economics, a Canadian perspective (3rd edition, or earlier) | McMaster | NA | |
| Stermole and Stermole | Economic Evaluation and Investment Decision Methods (13th edition, or earlier) | NA | Amazon | |
| Turton et al. | Analysis, Synthesis and Design of Chemical Processes (4th edition, or earlier) | McMaster | Amazon |