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Economics for Engineers (Spring 2013)

Course code : ME-ECO-U1
ECTS Credits : 5 Status : Compulsory
Revised : 30/01 2013 Written : 26/08 2008
Placement : 6. semester Hours per week : 4
Length : 1 semester Teaching Language : English

Objective : To provide the students with a fundamental understanding of how to evaluate investments and financial instruments, and to apply economic theory and methods to investments projects.
Principal Content : Investment theory and financial theory. Analysis of cash flow. Analysis of risks applied to investments and financial instruments.
Teaching method : Classroom lectures. Assignments and cases.
Required prequisites : none
Recommended prerequisites : none
Relations : Projects 1-4, Engineering Materials, Industrial Design, Product Design, and Manufacturing Technology.
Type of examination : Four hours written examination
External examiner : External
Marking : 7 step scale
Remarks : none
Teaching material : - Economic Decision Analysis, 4th Edition: by Mark C. Roberts, Paul A. Nelson and James R. Gale, Pearson 2011.
- Lecture notes and cases.
Responsible teacher :