Introduction to Engineering Economics: Interest Rates, Cost Analysis, and Decision-Making

Fundamentals of Engineering Economics including interest rates, cost-benefit analysis, and various methods for economic comparisons in engineering projects. Learn about the relationship between cost and production size, supply and demand, as well as the significance of different interest rate types like simple and compound interest.

• Engineering Economics
• Interest Rates
• Cost Analysis
• Decision Making
• Economic Comparisons

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Uploaded on Mar 04, 2025 | 0 Views

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Presentation Transcript

1. UNIVERSITY OF COLLEGE OF ENGINEERING HIGH. & TRANS ENG. DEP. UNIVERSITY OF MUSTANSIRIYAH COLLEGE OF ENGINEERING HIGH. & TRANS ENG. DEP. MUSTANSIRIYAH 2019 2019- -2020 3 3RD 2020 STAGE RD STAGE 1

2. Main points Introduction about Engineering Economics The interest rates; Relationship between cost and production size and between Supply and Demand Economical comparisons using - Net Present Value (NPV), - Future Worth, - Internal Rate of Return (IRR) methods) - External Rate of Return (ERR) and - Explicit Reinvestment Rate of Return (ERRR) methods) Economical comparisons using for highway and railway projects - Comparisons Using the Repeatability Assumption - Comparisons Using the Contaminated Assumption Linear Programming: Assignment and Transportation Matrices Cost-benefit analysis 2

3. Interest rate 3

4. Interest rate 4

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6. Interest rate Types 1. Simple Interest 2. Compound interest 6

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