Metadata
Title
12-421   Engineering Economics
Category
courses
UUID
a2e621950eda4d14aba410e424a1c747
Source URL
https://cee.engineering.cmu.edu/education/course-descriptions/12-421.html
Parent URL
https://cee.engineering.cmu.edu/education/undergraduate/courses.html
Crawl Time
2026-03-25T05:04:53+00:00
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12-421   Engineering Economics

Source: https://cee.engineering.cmu.edu/education/course-descriptions/12-421.html Parent: https://cee.engineering.cmu.edu/education/undergraduate/courses.html

Basic concepts of economic analysis and evaluation of alternative engineering projects for capital investment.

Consideration of time value of money and common merit measures such as net present value and internal rate of return. Selection of independent projects and mutually exclusive proposals, using various methods of analysis.

Capital budgeting and project financing. Influence of price level changes, depreciation, and taxation on choice of alternatives.

Uncertainty and risk in operation and financing. Important factors affecting investment decisions for private and public projects.

Prerequisite(s): 21-120 Min. grade C

Format

Textbook(s):

Textbook information can be found at the CMU Bookstore

Instructor(s):