Engineering economics - 2014

From Engineering Economics and Problem Solving: 4N4
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Class date(s): 08 September 2014 onwards
Download video: Link [573M]


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 Google Amazon
Fraser et al. Engineering Economics in Canada (3rd edition, or earlier) McMaster Google Amazon
Fraser et al. Global Engineering Economics (4th edition, or earlier) McMaster Google Amazon
Park, Zuo and Pelot Contemporary Engineering Economics, a Canadian perspective (3rd edition, or earlier) McMaster Google NA
Peters and Timmerhaus Plant Design and Economics for Chemical Engineers McMaster Google Amazon
Stermole and Stermole Economic Evaluation and Investment Decision Methods (13th edition, or earlier) NA Google Amazon
Turton et al. Analysis, Synthesis and Design of Chemical Processes (4th edition, or earlier) McMaster Google Amazon
Woods, Donald Cost Estimation for the Process Industries (McMaster download, 30 Mb) NA NA NA


Readings and resources

  • The slides from the 2013 class are available for those that want to read ahead. I'm modifying the slides somewhat from last year, but feel free to go through the 2013 ones if you want.

Class slides, videos, and other resources

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