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Revision as of 11:50, 23 September 2013

Engineering Economics and Problem Solving: CHE 4N4

Administrative

Class materials

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17 Sep: the slides for Wednesday's class are ready. I always post the old and new slides, because most students print multiple slides per page, and need the older slides to continue their printouts seamlessly.

18 Sep: Interesting stats in this article today that 40% of retirees in the study believed they did not prepare enough for retirement, and about 40% of this subset didn’t realize this until they left the work force. Read the article to see what prevented them from saving more.

19 Sep: an electronic version of the group instructions issued at the tutorial last Monday. This additional task is not supposed to take too much time; your group should be keeping track of minutes in some form; this process just formalizes that.

20 Sep: An article from CEP on Calculating financial indicators, written by two people at Dow Chemical. Please read this article as self-directed learning.

23 Sep: for those with a management background, this description of PV and FV will be easy to understand in terms of annuities. For the rest of the class, this is an alternative view of the PV and FV calculations.

Assignments, tutorials, projects, exams

Course calendar

Assignments/Tutorials

Assignment questions will be available here. Parts of the assignments will be covered in the tutorial period.

Please follow these instructions when submitting electronically.

Tests, exams and project

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 * 20 Sep: An article from CEP on [http://learnche.mcmaster.ca/media/mcmaster/Calculate-Financial-Indicators-CEP-September-2013.pdf Calculating financial indicators], written by two people at Dow Chemical. Please read this article as self-directed learning.
+* 23 Sep: for those with a management background, [http://www.investopedia.com/articles/03/101503.asp this description of PV and FV] will be easy to understand in terms of annuities. For the rest of the class, this is an alternative view of the PV and FV calculations.
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