Course Content |
Introduction to economy, Engineering economy: principles and its' role as a decision-taking factor, Compound Interest, Nominal and Effective Interest, The Factors of Single Payment and Uniform Serial Payment, Arithmetic and Geometrical Paymen Factors, Present and Future Value Analysis, Annual Value Analysis, Reimbursement Rate, Profit / Cost Analysis, Inflation, Price Index and Discount Rate,Cost analysis, Computer based calculation
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