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EXCELSIOR COLLEGE BACHELOR'S SCHOOL OF BUSINESS & TECHNOLOGY TECHNOLOGY

TECH330
ECONOMIC
ANALYSIS FOR
TECHNOLOGISTS

FALL I - 8 WEEK 2015 Section All 3 Credits 08/24/2015 to 10/18/2015


Modified 05/19/2015

CONTACT INFORMATION

A short biography, contact information, office hours, course guidelines, etc. for your instructor may be
found in the Instructor Information discussion area in this module.

DESCRIPTION

This course covers the application of economics and decision theory to the evaluation of engineering
alternatives in planning, developing, constructing, and managing engineering projects.

This is a 3-credit course, requiring a minimum of 18 hours of course engagement each week in an
8-week term, or 9 hours per week in a 15-week term (refer to the Credit Hours Calculation Policy in the
Student Handbook), Course engagement includes such activities as discussions, reading, study time,
and assignments.

Requisites

Strong algebra skills and ability to create spreadsheets such as EXCEL are required skills and
abilities for this course.
College algebra, basic statistics or equivalent are required. Micro or Macro Economics
recommended.

OUTCOMES
1. Describe and create financial statements, including income statements, balance sheets, and
cash flow statements.
2. Apply time value of money relations as part of financial analysis.
3. Quantitatively determine depreciation, risk and taxes in financial analysis.
4. Perform financial decision making by applying break even analysis, minimum cost analysis,
and replacement analysis.
5. Recommend methods of financial improvement through calculation of minimum costs and
quality cost ratios.
6. Analyze, monitor, and improve an organization's financial results.

Course Outcome Matrix

Course
Outcome
1

M4A1: Textbook Assignments:


Comprehensive Problems

M5A1: Textbook Assignments:


Comprehensive Problems

M6A1: Textbook Assignments:


Comprehensive Problems

Assessment
M1A1: Textbook Assignments:
Comprehensive Problems

M2A1: Textbook Assignments:


Comprehensive Problems
M3A1: Textbook Assignments:
Comprehensive Problems

x
x

M7A1: Textbook Assignments:


Comprehensive Problems
M4A2:Mid Term Exam

x
x

Notes

M8A1:Final Exam

M3A2 Self-Assessment

M6A2:Self-Assessment

M7A2:Self-Assessment
Module 1 Discussions

Module 2 Discussions

Module 3 Discussions

Module 4 Discussions

Module 5 Discussions

Module 6 Discussions

Module 7 Discussions

Module 8 Discussions

x
X

PROGRAM Outcome Matrix


Program Outcomes (Student Outcomes)
Program:

BPS-T

Course
Outcomes
1

PO
(SO)
#1

Use commonly available workplace technology tools to


communicate professional information in clear, grammatical,
and effective written prose

PO
(SO)
#2

Develop and communicate cohesive arguments using


appropriate supporting evidence and effective prose

PO
(SO)
#3

Interpret events using more than one perspective, with an


understanding of the significance of integrating knowledge
and skills in the workplace

PO
(SO)
#4

Identify, critically evaluate, and propose solutions for


technology management problems

PO
(SO)
#5

Apply knowledge of mathematics and natural sciences to


problem solving in technology management contexts

PO
(SO)
#6

Demonstrate an awareness of the implications of ethics and


social responsibility on the individual, the organization, and
society

PO
(SO)
#7

Demonstrate information literacy

PO
(SO)
#8

Participate effectively in groups

PO
(SO)
#9

Apply project management techniques where appropriate

PO
(SO)
#10

Demonstrate a fundamental knowledge of the natural


sciences, particularly as applied to the area of focus

PO
(SO)
#11

Demonstrate a working knowledge of computer usage


applicable to problem solving in technology areas

PO
(SO)
#12

Demonstrate competency in the analysis, interpretation, and


application of data in technology area

PO
(SO)
#13

Apply management concepts in an integrated manner in the


global environment

MATERIALS

Visit our bookstore (http://bookstore.mbsdirect.net/excelsior.htm) for the required books and study
materials. Please verify for your specific term the edition, version and/or copyright
date before purchasing course materials.
Required

Title

Edition

Engineering Economic Analysis

11th (2012)

Author(s)
Donald G. Newnan
Ted G. Eschenbach
Jerome P. Lavelle

Publisher
New York/Oxford University
Press

ISBN 10
978-0-19-977804-1

DELIVERABLES

Click here (https://my.excelsior.edu/web/syllabus-library/8-week-term-schedule) to view the 8 week


Term Schedules.

Click here (https://my.excelsior.edu/web/syllabus-library/15-week-term-schedule) to view the 15 week


Term Schedules.

Course Schedule

Weeks start on Monday,12:01 AM ET and end on Sunday, 11:59 PM ET, US.

Unless otherwise noted, all assigned items are due at the end of the module (by 11:59PM, Sunday).

Week

Module & Title

Reading

Assignments

Online
Discussions

Course
Outcomes
Related to
this
Module

Week 1

Week 2

Week 3

Module 1:
Making
Economic
Decisions and
Engineering
Costs and Cost
Estimating

Chapters 1, 2
Engineering
Economic
Analysis

M1A1: Textbook
Assignments:
Comprehensive
Problems

Module 2:
Interest and
equivalence

Chapters 3, 4
Engineering
Economic
Analysis

M2A1: Textbook
Assignments:
Comprehensive
Problems

M2D1: Time
Value of Money

Module 3:
Present Worth
and Cash Flow

Chapters 5, 6
Engineering
Economic
Analysis

M3A1: Textbook
Assignments:
Comprehensive
Problems

M3D1: Economic
Analysis of
Present Worth

Week 5

M1D1: Decision
Making Process
M1D2: Budgeting
Issues

M3A2 SelfAssessment
Week 4

Welcome &
Introductions

Module 4: Rate
of Return
Analysis and
Choosing the
Best
Alternative

Chapters 7,8
Engineering
Economic
Analysis

Module 5:
Future Worth
Analysis,
Financial
Ratios, and
Depreciation

Chapters
9,10,11
Engineering
Economic
Analysis

M4A1: Textbook
Assignments:
Comprehensive
Problems
M4A2:Mid Term
Exam
M5A1: Textbook
Assignments:
Comprehensive
Problems

M2D2: Wild Cat


Oil
1,2

M3D2: BalderDash, Inc,


Annual Cash
Flow Analysis
M4D1:: Applying
Key Concepts

3,4,5,6

M4D2: The
Board Looks to
You
M5D1: Financial
Decision Making
in Future Worth,
Benefit Cost
Ratios, and
Break Even
M5D2:
Fundamentals of
Depreciation

3,4,5,6

Week 6

Week 7

Week 8

Module 6:
Decision
Replacement
Analysis and
Taxes

Chapters
12,13
Engineering
Economic
Analysis

M6A1: Textbook
Assignments:
Comprehensive
Problems

Module 7:
Inflation, Price
Change, and
Minimum
Attractive Rate
of Return

Chapters
14,15
Engineering
Economic
Analysis

M7A1: Textbook
Assignments:
Comprehensive
Problems

Module 8:
Economic
Analysis in the
Public Sector
and
Accounting
and
Engineering
Economy

Chapters
16,17
Engineering
Economic
Analysis

M8A1:Final
Exam

EVALUATION
Grade Ranges
A=90-100%
B=80-89%

C=70-79%

D=60-69%

F=below 60%

M6A2:SelfAssessment

M7A2:SelfAssessment

M6D1: Income
Taxes

3,6

M6D2:
Performing
Replacement
Analysis
M7D1: Impact of
Inflation and
Price Change

4,5,6

M7D2: Minimum
Attractive Rate of
Return (MARR)
M8D1:
Accounting for
Business
Transactions Key
Concepts

1,5,6

Breakdown
Grade Weights:
Activity/Assessment

% of final grade

Comprehensive Problems

30%

Midterm Exam

25%

Final Exam

25%

Participation in Weekly Online


Discussions

20%

Total

100%

Criteria
Comprehensive Problems - 30%
Comprehensive problems from the textbook will illustrate concepts from each module. Detailed
grading criteria will appear in the descriptions of the assignments themselves.
Midterm Examination - 25%
In order to exercise your financial analysis skills developed during the course, examinations will be
comprised of comprehensive text problems.
Final Examination -25 %
In order to exercise your financial analysis skills developed during the course, examinations will be
comprised of comprehensive text problems.
Online un-proctored assessments will test you on what you have learned in the course. If you
navigate away from a quiz or exam while taking the assessment, you may be locked out. Your
instructor has sole discretion, and only under exceptional circumstances, to reset an incomplete
examination. To request a reset, you must contact your instructor.

Participation in Weekly Online Discussions - 20%


A series of discussion questions will be posted during the course. By registering for a web-based
course, you have made a commitment to participate regularly with your instructor and other students
in online discussions. You will be expected to use online course tools (Discussions and Chat
rooms) to interact with your peers and work collaboratively to improve your understanding of
underlying course ideas and issues.
To lessen the risk of losing your work, do not write major discussion postings directly into a
discussion posting. Instead, compose and check your work in other software (such as Microsoft
Word) and then use the Create Message button and paste your text into the new posting.

COURSE POLICIES
Late Assignment Policy:
You are expected to meet deadlines for all quizzes, examinations, assignments and discussions.
Late assignments will be subject to a deduction of 5% of the available points for every calendar week
that the assignment is overdue.
If for any reason you are having difficulty keeping up with your coursework, be sure to check
policies on Course Withdrawals and Course Extensions.

INSTITUTIONAL POLICIES
COURSE ATTENDANCE AND PARTICIPATION:

Course attendance and weekly course participation are required. Please see the policy on Excessive
Absenteeism (http://www.excelsior.edu/excessive-absenteeism) for more details.
Instructor Participation
Your instructor will:

Post a welcome message during the first 24 hours of the course.


Schedule real time office hours through the chat room and/or by individual appointment.
Communicate with you through the Blackboard communication tools, including internal
course messaging.
Respond to student communications within two business days.

Log into the course to review and participate at least three different days a week in 15-week
courses, or four different days a week in 8-week courses.
Provide you with formative feedback midway through the course based on work submitted
to that point.
Grade all formative assignments within 7 business days in 15-week courses and 4 business
days in 8-week courses, and will grade final summative work within 5 business days after
the end of the term.

POLICIES

You are responsible for being familiar with all the policies that are related to your activity in this course.
Complete information on Excelsior College policies can be found in the Course Information area or by
visiting www.excelsior.edu/policies (http://www.excelsior.edu/policies).
All student work in this course may be submitted to plagiarism detection software.