0 or 3 credits
Spring 2026 Lecture Distance Learning Upper Division
This course examines techniques of economic analysis for systems technologists, engineers, and leaders who evaluate and determine the financial attractiveness of multiple alternatives. Emphasizes economic feasibility and applying time value of money concepts to cost-volume-profit decisions. Topics include present worth, rate of return, benefit-cost, payback, breakeven analysis, depreciation, economic optimization, and decision-making under uncertainty.
Learning Outcomes1Apply compound interest factors to establish economic equivalencies.
2Use present worth analysis to evaluate alternatives.
3Use annual worth analysis to evaluate alternatives.
4Calculate the internal rate of return for a project.
5Apply economic analysis concepts to personal finances.
Prerequisites
GPA by professor
made by Purdue students.