ECN 350

Engineering Economics (3 Cr.)

Prerequisites: None

Description: This course will give students a sound basis for making economic decisions in business and industry environments. Students will learn how to decide which projects are worthwhile, determine priorities, and select components. Topics in this course include present worth; future amounts; cash flows; salvage value; depreciation; rates of return; income tax; basic cost accounting; and funding sources, including venture capital and SBIR. The course will also cover the basics of intellectual property, patents, and copyright.