Learn how to do minimum life cycle cost tradeoffs between initial costs and repair costs. Learn to do cost estimating and economic analysis to support capstone design and other term projects. Learn to make and present hand calculations to verify computer analysis. Learn to work in groups and report relative contributions to a group effort. Learn to make reality checks when dealing with the analysis of real-world economic problems.
All students learn how to build loan amortization tables on a spreadsheet.
Students are required to do a term project involving spreadsheet-based analysis. Others choose to analyze various investment possibilities or the trade-offs in coal vs nuclear, rent vs buy and so forth. No additional course materials are available at this time. Please contact the course coordinator if you have any questions or need further information.