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Engineering Economic Analysis
Postgraduate | USA-LSCM5011 | 2018
Course information for 2018 intake
Arm yourself with the financial planning and accounting skills necessary to conduct engineering economic evaluations. Measure the worth of project investments. Balance risks and uncertainties. Tally the influence of taxation and depreciation.
- Study method
- 100% online
- Assessments
- Subject may require attendance
- Entry requirements
- Part of a degree
- Duration
- 14 weeks
FEE-HELP available
Engineering Economic Analysis
About this subject
At the completion of this subject students will be able to:
- understand the principles of financial accounting and planning
- assess the financial conditions of a manufacturing company
- analyse different product costs in manufacturing
- apply appropriate techniques for measuring the worth of project investments
- conduct effective decision analysis in the presence of multiple attributes, uncertainties, or risks.
- Financial statement analysis
- Budgeting and analysis of performance
- Analysing fixed and variable cost
- Allocation of indirect costs, analysis of product costs
- Investment appraisal
- Net present value
- Internal Rate of Return
- Depreciation and taxation
- Multi-attribute analysis
- Measures of investment worth under risk
- Utility theory
- Risk analysis, decision tree analysis
This subject aims to provide you with advanced knowledge and skills in engineering economic analysis and investment appraisals. On completion of this subject, you will have an integrated understanding of the principles of financial accounting and planning, the assessment of financial conditions of a manufacturing company, and the analysis of different product costs in manufacturing. You will be able to systematically and critically apply appropriate techniques for measuring the worth of project investments, and conduct effective decision analysis in the presence of uncertainties, risks, or multiple attributes.
- Group Assignment (30%)
- Assessment (20%)
- Invigilated Exam (50%)
For textbook details check your university's handbook, website or learning management system (LMS).
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Entry requirements
To enrol in this subject, you must be admitted into a degree.
Additional requirements
No additional requirements
Study load
- 0.125 EFTSL
- This is in the range of 10 to 12 hours of study each week.
Equivalent full time study load (EFTSL) is one way to calculate your study load. One (1.0) EFTSL is equivalent to a full-time study load for one year.
Find out more information on Commonwealth Loans to understand what this means to your eligibility for financial support.