Engineering Economics Analysis (Part 1 Of 2)
Last updated 6/2022
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 4.40 GB | Duration: 12h 3m

Feasibility Study, Project Appraisal, Project Valuation, Economic Investment Decision-Making
What you'll learn
Main concept of time value of money
Simple and compound interest rates
Economic Equivalence with different cash flows (e.g. single, uniform, gradient, etc.)
How to differentiate between "Nominal" and "Effective" interest rates
How to deal with multiple compounding of interests
How to deal with changing interest rates over time
How analyze a commercial loan
How to consider inflation in your analysis
How to measure the profitability of an investment
How to compare between independent and/or mutually exclusive investments
Requirements
Basics in mathematics
Description
Any engineering or non-engineering project, business, or investment usually starts by mixed virtual ideas and thoughts. To be translated into reality, such ideas will require several resources, in which the "capital cost" is the most essential. However, before investing our capital cost, several questions need to be answered from an "economic" perspective, such as:- Is the expected return from the project or investment worth the capital cost?- Are there other alternatives?- What are the other alternatives?- Which alternative is the best?- What is the confidence level of my selected alternative?- Etc.Engineering Economic Analysis can answer these questions and more. In other words, this course is all about decision making from an economic perspective. The term "Engineering" exists as this course will be focusing more on engineering projects. However, the same concept can be applied for non-engineering projects (e.g. importing and selling goods, adopting a new accounting system in your firm, etc.).Even on a personal level, we deal with "money" on a daily basis. Thus, this course can also help us to understand the management of money and to take economic decisions such as:- Buy or lease a car,- Open a saving account in Bank (A) or (B),- How much saving shall I make each month to have $500K in my account 20 years from now?- Etc.This course is divided into two parts with a total of 101 carefully selected examples solved in details to ensure you understand the concept. The main topics that will be covered in part (1) are as follows (see the course contents for more details):- Time Value of Money- Economic Equivalence- Nominal and Effective Interest Rates- Commercial Loans- Inflation- Measuring Worth of Investments- Comparison of InvestmentsWhile, the main topics to be covered in part (2) are as follows:- Supplementary Analysis- Capital Budgeting- Depreciation- Taxation- Replacement Analysis- Economic Analysis in Public Sector- MARR Selection
Overview
Section 1: SECTION (1): INTRODUCTION
Lecture 1 Lec. (1.1) Welcome
Lecture 2 Lec. (1.2) Project Life Cycle Stages
Lecture 3 Lec. (1.3) What is a Feasibility Study?
Lecture 4 Lec. (1.4) Feasibility Study Process
Lecture 5 Lec. (1.5) What is Engineering Economic Analysis?
Lecture 6 Lec. (1.6) Engineering Economic Analysis Steps
Lecture 7 Lec. (1.7) Cost Terminologies
Lecture 8 Lec. (1.8) Topics to be covered in Part (1)
Lecture 9 Lec. (1.9) Course Management Recommendations
Section 2: SECTION (2): TIME VALUE OF MONEY
Lecture 10 Examples on Section 2
Lecture 11 Lec. (2.1) Time Value of Money Concept
Lecture 12 Lec. (2.2) Cash Flow Diagrams
Lecture 13 Lec. (2.3) Interest and Interest Rate
Lecture 14 Lec. (2.4) Types of Interest Rate
Section 3: SECTION (3): ECONOMIC EQUIVALENCE
Lecture 15 Economic Equivalence Interest Tables
Lecture 16 Examples on Section 3
Lecture 17 Lec. (3.1) Economic Equivalence Concept
Lecture 18 Lec. (3.2) Single Cash Flow
Lecture 19 Lec. (3.3) Uniform (Equal) Series Cash Flow
Lecture 20 Lec. (3.4) Uneven (Irregular) Series Cash Flow
Lecture 21 Lec. (3.5) Arithmetic (Linear) Gradient Series Cash Flow
Lecture 22 Lec. (3.6) Geometric Gradient Series Cash Flow
Lecture 23 Lec. (3.7) Composite Cash Flow
Section 4: SECTION (4): MONEY MANAGEMENT
Lecture 24 Examples on Section 4
Lecture 25 Lec. (4.1) Money Management Aspects
Lecture 26 Lec. (4.2) Multiple Compounding Periods Concept
Lecture 27 Lec. (4.3) Nominal and Effective Interest Rates
Lecture 28 Lec. (4.3A) Case 1 (Approach 1)
Lecture 29 Lec. (4.3B) Case 2 (Approach 2)
Lecture 30 Lec. (4.3C) Case 2 (Approach 3)
Lecture 31 Lec. (4.3D) Case 3 (Approach 4)
Lecture 32 Lec. (4.3E) Approaches Summary
Lecture 33 Lec. (4.4) Changing Interest Rates
Lecture 34 Lec. (4.5) Amortized Loans
Lecture 35 Lec. (4.6) Add-On Loans
Lecture 36 Lec. (4.7) Customized Loans
Lecture 37 Lec. (4.8) Inflation
Section 5: SECTION (5): MEASURING WORTH OF INVESTMENTS
Lecture 38 Examples on Section 5
Lecture 39 Lec. (5.1) Project Cash Flow
Lecture 40 Lec. (5.2) Measuring Worth of Investments Methods
Lecture 41 Lec. (5.3) Payback Period Method
Lecture 42 Lec. (5.4) Net Present Worth Method
Lecture 43 Lec. (5.5) Net Future Worth Method
Lecture 44 Lec. (5.6) Net Annual Worth Method
Lecture 45 Lec. (5.7) Internal Rate of Return (IRR) Method
Lecture 46 Lec. (5.7A1) IRR Direct Solution Method
Lecture 47 Lec. (5.7A2) IRR Trial and Error Method
Lecture 48 Lec. (5.7A3) IRR Computer Solution Method
Lecture 49 Lec. (5.7B) IRR for Non-Simple Investments
Lecture 50 Lec. (5.7C) Limitations of IRR Method
Lecture 51 Lec. (5.8) External Rate of Return Method
Lecture 52 Lec. (5.9) Saving / Investment Ratio Method
Lecture 53 Lec. (5.10) Capitalized Equivalent Method
Section 6: SECTION (6): COMPARISON OF INVESTMENTS
Lecture 54 Examples on Section 6
Lecture 55 Lec. (6.1) Types of Projects/Investments
Lecture 56 Lec. (6.2) Independent and Mutually Exclusive Projects
Lecture 57 Lec. (6.3) Ranking Approach
Lecture 58 Lec. (6.4) Incremental Approach
Lecture 59 Lec. (6.5) Analysis Period and Useful Life
Lecture 60 Lec. (6.6) Time Span Equalizing
Project managers,Financial managers,Investors,Engineers (any discipline),Potential Engineers in USA or Canada acquiring their "Professional Engineering" registration,Engineering students (any discipline),Business or Economics students
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