Engineering Economics

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Course Code: 
Course Credit Units: 
Semester 1
Year of Study: 
Year 1
Undergraduate or Graduate Level: 
Graduate Level
Course Discipline: 
Course Description & Objectives: 

This course provides knowledge on financial capacity, performance and financing of industry. It covers financial analysis, financial statements and how to analyze risk in an industry.

Learning Outcomes: 

Learning objectives:By the end of the course the student should be able to;

  1. Prepare a balance statement
  2. Prepare an income statement from enterprise incurred costs
  3.  Identify the main hazards in an engineering project and design an appropriate risk management strategy
  4.  Interpret financial statements and audited accounts
  5. Understand what figures in accounts mean
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