Title
Engineering Economics - Class 12 Annual CostsCreator
Dr. Leonard Lye and Memorial University of NewfoundlandDescription
Engineering Economics is an introduction to the concepts in the determination of the economic feasibility of engineering projects; time value of money – interest rates, depreciation, annual, present and future worth analysis; benefit-cost analysis, tangible and intangible benefits and costs; economic risk and sensitivity analysis, economic optimization.
Dr. Lye discusses what constitutes annual costs for an engineering project.
Learning Design
Explain what the annual costs means to an engineering project.Date Created
1997Format
Video/mp4Duration
14:50 minutes/seconds