Semester Plan for [ENGINEERING ECONOMICS]

Course Code: MGTS 301 Credit Hours: 3

Course Instructor and Contact: 9851107340/9803934976
Class hour: 2hrs.
Contact hour beyond the class: (3pm to 7pm)

Week wise plan

Wee Course Class Readings Assignment

k content activities (Course+ (graded/non-
Additional) graded)
One 1. Lecture About Conceptual and
Fundament session definition of Numerical
als of Discussion/ economics, problem
Engineerin Interaction/ concept of solving ( Short
g Economy Class work micro and long
(4 Hours) Questions economics Questions and
Definitions and Answer Domestic Answer)
and Product (GDP),
Concepts of Managerial
Microecono Economics,
mics, Law of Supply
Macroecono and Demand,
mics, Gross Market
Domestic Equilibrium
Product
(GDP), Engineering
Managerial Economy,
Economics, Principles of
Law of Engineering
Supply and Economy,
Demand, Engineering
Market Economy and
Equilibrium The Design
Introduction Process
 to
Engineering
Economy,
Principles
of
Engineering
Economy,
Engineering
Economy
and the
Design
Process
Two 2. Cost Lecture Cost Concepts Individual
Concepts session and presentation
and Design theoretical Classifications, Questions and
Economics and General Answer
(8 Hours) numerical Economic
Cost Individual Environment -
Concepts aptitude test Consumer and
and Problem Producer
Classificatio solving Goods and
ns, General Questions Services,
Economic and Answer Concept of
Environmen Utility and
t- Value,
Consumer Necessities,
and Luxuries, Price
Producer Demand
Goods and Relationship,
Services, Classification
Concept of of Market
Utility and Structure
Value, (Perfect
Necessities, Competition,
Luxuries, Monopolistic
Price Competition,
 Demand Oligopoly, and
Relationshi Monopoly),
p, Total Revenue
Classificatio Function, Cost,
n of Market Volume, and
Structure Breakeven
(Perfect Point
Competition Relationships
,
Monopolisti
c
Competition
, Oligopoly,
and
Monopoly),
Total
Revenue
Function,
Cost,
Volume,
and
Breakeven
Point
Relationshi
ps

Thre Present Lecture Present Group

e Economy session Economy presentation
Studies theoretical Studies Questions and
Cost- and Cost- Answer
Estimation numerical Estimation
Techniques Team Techniques -
- Integrated aptitude test Integrated
Approach to Problem Approach to
Developing solving Developing the
the Cash Questions Cash Flow,
 Flow, and Answer Selected
Selected Estimating
Estimating Models -
Models - Indexes, Unit
Indexes, and Factor
Unit and Technique,
Factor Power Sizing,
Technique, Learning
Power Curve, Cost
Sizing, Estimation in
Learning the Design
Curve, Cost Process,
Estimation Concept of
in the Value
Design Engineering
Process,
Concept of
Value
Engineering
Four 3. Time Lecture Introduction, Conceptual and
Value of session Simple and Numerical
Money (8 theoretical Compound problem
Hours) and Interest, solving ( Short
numerical Concept of and long
Introduction Group Equivalence, Questions and
, Simple and presentation Cash-Flow Answer)
Compound Questions Diagrams,
Interest, and Answer Calculation of
Concept of Present, Future
Equivalence and Annual
, Cash-Flow Equivalent -
Diagrams, Single Cash
Calculation Flows,
of Present, Uniform Series
Future and (Annuity
Annual Compounding
 Equivalent - and Geometric
Single Cash Gradient
Flows, Series), Interest
Uniform Rates that Vary
Series with Time 3.2.
(Annuity Nominal and
Compoundi Effective
ng Interest Rate,
Effective
Interest Rate
per Payment
Period,
Continuous
Five Deferred Lecture Deferred Conceptual and
Annuity, session Annuity, Numerical
Uniform theoretical Uniform and problem
and and Geometric solving ( Short
Geometric numerical Gradient and long
Gradient Individual Series), Interest Questions and
Series), project Rates that Vary Answer)
Interest presentation with Time 3.2.
Rates that Problem Nominal and
Vary with solving Effective
Time 3.2. Questions Interest Rate,
Nominal and Answer Effective
and Individual Interest Rate
Effective Project per Payment
Interest discussion Period,
Rate, Continuous
Effective
Interest
Rate per
Payment
Period,
Continuous
Six Concept of Lecture Concept of the Conceptual and
 the session Minimum Numerical
Minimum theoretical Attractive Rate problem
Attractive and of Return solving ( Short
Rate of numerical (MARR), and long
Return Problem Single Project Questions and
(MARR), solving Evaluation Answer)
Single Questions using Present
Project and Answer Worth Method,
Evaluation Group Future Worth
using project Method,
Present discussion Annual Worth
Worth Method,
Method, Internal Rate of
Future Return
Worth Method,
Method, External Rate
Annual of Return
Worth Method,
Method, Payback Period
Internal Method
Rate of
Return
Method,
External
Rate of
Return
Method,
Payback
Period
Method
First Internal Assessment
Seve Basic Lecture Basic Concepts Conceptual and
n Concepts session for Comparing Numerical
for theoretical Alternatives, problem
Comparing and Comparison of solving ( Short
Alternatives numerical Mutually and long
 , Problem Exclusive Questions and
Comparison solving Alternatives Answer)
of Mutually Questions using
Exclusive and Answer Equivalent-
Alternatives Discussion/ Worth
using Interaction/ Methods and
Equivalent- Class work Rate-of-Return
Worth Questions Methods
Methods and Answer (Incremental
and Rate-of- Analysis)
Return
Methods
(Incrementa
l Analysis)
Eigh Useful Lecture Useful Lives Conceptual and
t Lives Equal session Equal to the Numerical
to the Study theoretical Study Period, problem
Period, and Useful Lives solving ( Short
Useful numerical Unequal and long
Lives Problem among the Questions and
Unequal solving Alternatives. Answer)
among the Questions Personal
Alternatives and Answer Finances
. Personal Discussion/
Finances Interaction/
Class work
Questions
and Answer
Nine 4. Lecture Concepts and Conceptual and
Depreciatio session Terminology, Numerical
n (4 Hours) theoretical Classification problem
Concepts and of Depreciable solving ( Short
and numerical Property and long
Terminolog Problem Classical Questions and
y, solving Depreciation Answer)
Classificatio Questions Methods –
 n of and Answer Straight-Line
Depreciable Discussion/ Method,
Property Interaction/
Classical Class work
Depreciatio Questions
n Methods – and Answer
Straight-
Line
Method,
Ten Declining- Lecture Declining- Conceptual and
Balance session Balance Numerical
Method, theoretical Method, problem
Declining- and Declining- solving ( Short
Balance numerical Balance with and long
with Problem Switchover to Questions and
Switchover solving Straight-Line, Answer)
to Straight- Questions Sinking Fund
Line, and Answer Method, Sum-
Sinking Discussion/ of Years-Digit
Fund Interaction/ and Units-of-
Method, Class work Production
Sum-of Questions Method
Years-Digit and Answer
and Units-
of-
Production
Method
Elev Replaceme Lecture Reasons for Conceptual and
en nt Analysis session Replacement Numerical
(4 Hours) theoretical Analysis, problem
Reasons for and Factors to solving ( Short
Replacemen numerical Consider in and long
t Analysis, Problem Replacement Questions and
Factors to solving Studies Answer)
Consider in Questions Determining
Replacemen and Answer the Economic
 t Studies Discussion/ Life of a New
Determinin Interaction/ and an Existing
g the Class work Asset
Economic Questions
Life of a and Answer
New and an
Existing
Asset
Twel Benefit- Lecture Introduction to Conceptual and
ve Cost Ratio session Public Projects, Numerical
Method (4 theoretical Difficulties in problem
Hours) and Evaluating solving ( Short
numerical Public-Sector and long
Introduction Problem Projects Questions and
to Public solving Benefit-Cost Answer)
Projects, Questions Ratio Method,
Difficulties and Answer Comparison of
in Discussion/ Mutually
Evaluating Interaction/ Exclusive
Public- Class work Projects by B-
Sector Questions C Ratios
Projects and Answer
Benefit-
Cost Ratio
Method,
Comparison
of Mutually
Exclusive
Projects by
B-C Ratios
Thirt Project Lecture Origins/ Conceptual and
een Risk and session Sources of Numerical
Uncertaint theoretical Project Risks problem
y (4 Hours) and and solving ( Short
Origins/ numerical Uncertainty and long
Sources of Problem Breakeven and Questions and
Project solving Sensitivity Answer)
Risks and Questions Analysis,
Uncertainty and Answer Scenario
Breakeven Discussion/ Analysis
and Interaction/
Sensitivity Class work
Analysis, Questions
Scenario and Answer
Analysis
Second Internal Assessment Problem
Solving
Assignment