University of Detroit Mercy

Graduate Catalog 2010-2011

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EMGT 5020 Engineering Economics	Credit Hours	Recitation/Lecture Hours	Studio Hours	Clinical Hours	Lab Hours
Provides the manager of engineering and technological resources a microeconomic foundation for planning and decision-making processes using input from many sources. Emphasis on evaluation of investment projects within a discounted cash flow framework. Covers analysis and decision making with DCF, IRR, present worth, benefit/cost, capital rationing, uncertainty and inflation adjustment. Ethics, diversity, quality and global perspective are integrated throughout the course.	3	0	0

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