Engineering Economics
This section of our website tries to include important classroom scratches on Engineering Economics as the name suggest. Important relations/formulas and more. Request features if you like.
Break Even Analysis (BEA)
Break Even Analysis is a term given to the study of the inter-relationship between cost, volume and profits at various...
Read morePayback Period
The period of time required to recover the net investment is called payback period, PB. The project which pays back...
Read moreSocial Cost Benefit Analysis SCBA vs Cost Benefit Analysis CBA
SOCIAL COST BENEFIT ANALYSIS (SCBA) Introduction Social Cost Benefit Analysis(SCBA) is a methodology developed for evaluating investment projects from the...
Read moreReal World Problems in Controlling Information Systems
One of the most important responsibilities of the management of computer using business firms is to assure the security and...
Read moreMechanization and its level
Mechanization is the use of machinery to replace human or animal labor, especially in agriculture and industry. Mechanization...
Read moreEconomic Variances in Engineering Economics
Types of Economic Variances There are mainly 4 types of variances in engineering economics, namely Direct material cost variance Direct...
Read moreEngineering Economics EG666CE
Course Objectives To provide a knowledge of the basic tools and methodology of economic studies for evaluating engineering projects in...
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