ECO-130

Engineering Economics
 Agenda
Basic Concepts 01
Defining Scope

Financial Statements 02
Why all the recording

Course Outline 03
Every picture has a canvas

Today’s Special 04
If we get time
Basics
• Accounting

• Finance

• Economics

• Engineering
Economics
 Financial
Statements
1. Financial
Performance

2. Financial position

3. Cashflows

4. Share Holders
Wealth Statement
Accounting Issue

•
 Sales ( 60,000 x 6 ) = 360,000
FIFO Method LIFO Method Average Method

Computer Cost Computer Cost Computer Cost Computer Cost

1 40,000.00 1 40,000.00 1 40,000.00 1 46,666.67

2 40,000.00 2 40,000.00 2 40,000.00 2 46,666.67

3 40,000.00 3 40,000.00 3 40,000.00 3 46,666.67

4 50,000.00 4 50,000.00 4 50,000.00 4 46,666.67

5 50,000.00 5 50,000.00 5 50,000.00 5 46,666.67

6 50,000.00 6 50,000.00 6 50,000.00 6 46,666.67

7 50,000.00 7 50,000.00 7 50,000.00 7 46,666.67

8 50,000.00 8 50,000.00 8 50,000.00 8 46,666.67

9 50,000.00 9 50,000.00 9 50,000.00 9 46,666.67

Cost of 6 computers Cost of 6 computers Cost of 6 computers

270,000 300,000 280,000

Profit 90,000 Profit 60,000 Profit 80,000

 COURSE OUTLINE

ECO-130 Objectives
DESCRIPTION Book
Engineering Eco
Theory- 2 Engineering Financially
Contact hours 32 Economy
CAPITAL Evaluate
Prerequisite – 7th edition
None BUDGETING Leland Blank
Engineering
Mode of Teaching- Anthony Tarquin Projects
Interactive lectures
 COURSE LEARNING
OUTCOMES (CLOs)
COGNITIVE –PLO 2

1
COGNITIVE –PLO 11 2
3
COGNITIVE –PLO 12
 ASSESSMENT
CRITERIA
Assign
5-10% Quizzes
10-15% Mids
25-35%
40-50%

Assignments Quizzes MSE ESE

Syllabus will be Syllabus will be shared

4-5 4-5 shared before exam before exam

ON LMS only NOTE: Mostly its all we have NOTE: Mostly its all we have
discussed
discussed
PRIORITY MATRIX
THANK YOU