EMIS 8361 – Engineering Economics and Decision Analysis

October 31, 2022

This course is an introduction to economic analysis methodology. Topics include engineering economy and cost concepts, interest formulas and equivalence, economic analysis of alternatives, technical rate-of-return analysis, and economic analysis under risk and uncertainty. Credit not allowed for both EMIS 2360 and EMIS 8361. Prerequisite: Knowledge of introductory probability and statistics.