Introduces engineering cost concepts, financial statements and the corporate economic environment. Includes concepts and methods of analysis of the time value of money, project cost estimation, cash ...
The course introduces students to fundamental concepts in economics and finance in the context of decisions that arise in contemporary planning and management of social and environmentally-relevant ...
The payback period refers to the amount of time it takes to recover the cost of an investment. Moreover, it's how long it takes for the cash flow of income from the investment to equal its initial ...