What You'll Learn
- Understand major principles of economic analysis for decision making among alternative courses of action in engineering.
- Apply cost estimation and alternative analysis techniques for engineering applications.
- Demonstrate knowledge of cost estimation techniques and probabilistic risk analysis.
- Apply the concepts and techniques of linear programming for optimization of economic resources
- Evaluate and justify selection of different alternatives by using economic analysis techniques
- Understand the Concepts of Time Value of Money
- Understand the Concepts of Depreciation for taking decision between the Alternatives wisely.
Requirements
- The course is designed for learners of all levels.
- All concepts are introduced slowly and gradually, but comfort with thinking analytically will be helpful.
Who This Course is For
- You can be a student in high school or university, an entrepreneur, a lawyer, a banker or an engineer This course is designed for people who are not coming from economics background, or just started studying Economics or studied Economics but forgot most of it
- Anyone wanting to progress from Beginner to Advanced in Engineering Economics
- Who want to start up their Business and want to take Good Decisions between the Business Alternatives.
Your Instructor
OZIS Academy
LEARNING TO LEAD
4.2 Instructor Rating
3,102 Reviews
68,019 Students
29 Courses
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