Difference between revisions of "Engineering economics - 2014"
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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. | 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 for [[Media:Economics-4N04-2013-Part-1.pdf |class are posted]] now | * Slides for [[Media:Economics-4N04-2013-Part-1.pdf |class are posted]] now | ||
* [http://learnche.mcmaster.ca/media/2014-4N4-Class-02A.mp3 Audio] and [http://learnche.mcmaster.ca/media/2014-4N4-Class-02A.mp4 video] recording of the class | |||
<!-- * Self-learning: here's an interesting PDF explaining [http://fire.nist.gov/bfrlpubs/build02/PDF/b02155.pdf time value of money and other engineering economic concepts] | <!-- * Self-learning: here's an interesting PDF explaining [http://fire.nist.gov/bfrlpubs/build02/PDF/b02155.pdf time value of money and other engineering economic concepts] | ||
Revision as of 19:24, 8 September 2014
| Class date(s): | 08 September 2014 onwards | ||||
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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 |
Readings and resources
- We will be covering not only engineering economics in 4N, but also a bit of "personal economics". Take a look at this article. As engineers, you will have to decide on finances for the company are you working for, which is no different to making financial decisions for your own life.
Class slides
08 September 2014 (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 for class are posted now
- Audio and video recording of the class