Difference between revisions of "Engineering economics - 2014"
Kevin Dunn (talk | contribs) |
Kevin Dunn (talk | contribs) |
||
| Line 135: | Line 135: | ||
= Class slides, videos, and other resources = | |||
{| class="wikitable" style="text-align: center;" | {| class="wikitable" style="text-align: center;" | ||
| Line 210: | Line 207: | ||
| align="left"| | | align="left"| | ||
|- | |- | ||
* Investigate the various [http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slprtnr/rprtng/cptl/dprcbl-eng.html classes of CCA] on the CRA website. | |||
|} | |} | ||
Revision as of 21:08, 19 September 2014
| Class date(s): | 08 September 2014 onwards | ||||
| |||||
| |||||
| |||||
| |||||
| |||||
| |||||
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 | |
| Peters and Timmerhaus | Plant Design and Economics for Chemical Engineers | McMaster | Amazon | |
| 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 | |
| Woods, Donald | Cost Estimation for the Process Industries (McMaster download, 30 Mb) | NA | NA | NA |
Class slides, videos, and other resources
- Investigate the various classes of CCA on the CRA website.
| Date | Class number | Topic | Slides for class | Video and audio files | References and Notes | |
|---|---|---|---|---|---|---|
| 08 September | 02A |
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 | Video | Audio |
|
| 10 September | 02B |
We looked at the investing point of view last class; in this class we look at the inflationary viewpoint and why money in the future is worth less in today's terms. |
Slides | Video | Audio |
|
| 12 September | 02C |
We looked at an example the considered the time value of money; then discussed various criteria related to assessing an investment. Our focus in the next class is more detail around these "profitability metrics" |
Slides | Video | Audio |
We will be covering not only engineering economics in 4N, but also a bit of "personal economics".
|
| 15 September | 03A |
We looked at what NPV means and how you can explain it to someone else. Details around payback time, and the minimum acceptable rate of return (MARR) were discussed. |
Slides | Video | Audio |
|
| 17 September | 03B |
We saw how the MARR is used to compare an investment, and that DCFRR > MARR for a worthwhile investment. We considered how to select among independent alternative investments. |
Slides | Video | Audio |
|
| 19 September | 03C |
We started to consider the effect of depreciation on cash flows. |
Slides | Video | Audio | |