Syllabus
CE 2326 – Engineering Economy
Course Description
This course covers the basics of economic analysis from an engineering perspective.
Because cost is such an important component in decision-making, various techniques for
comparing alternatives on an economic basis are presented. Other topics include
depreciation, inflation considerations, cost estimating, and sensitivity analysis. After
completing the course, the student should be able to conduct an accurate economic
analysis of various engineering alternatives.
Textbook Information
Required Text:
Authors:
Basics of Engineering Economy, 2st ed
L.T. Blank and A.J. Tarquin
Organization and Method of Instruction
The course will essentially be taught by the conventional lecture method. However, it
can also be learned on a self-instructed basis via instructional and self-testing materials at
two different web sites (see URLs below). The first site resides at UTEP and consists of
(1) Condensed explanatory written materials with solved problems (2) PowerPoint
presentations (even more condensed than the written materials (3) Multiple choice
practice tests (with answers) (4) Old exam questions and answers, and (5) Student
generated multiple-choice questions and answers. The second site is at McGraw-Hill and
contains condensed explanations of the chapter materials, FE Exam review questions, T/F
questions, multiple choice questions, spreadsheet examples, and links to various sites
pertinent to economic analysis. The web site addresses are as follows:
Web Site Addresses:
http://engineering.utep.edu/enge/ie3326.htm
Username: ILUVIT
Password: 2EZ4ME
http://highered.mcgraw-hill.com/sites/0073376302/student_view0/index.html
Class and Test Schedule
The exams will typically cover more than one chapter as shown in the class schedule.
Missed exams cannot be made up. Failure to take an exam by the specified date will
require the student to take the final exam and substitute that grade for the missed exam.
(max. of one). There are no excused absences. Failure to miss class three times will result
in the student being dropped for non-participation unless the student has an “A” or “B”
average at the time of the third or subsequent absence.
Method of Evaluation
The final grade will be determined from the hourly comprehensive exams (60%), and
quizzes (405). The quizzes will be of two types: (1) theory per the reading assignment,
and (2) problem solving in class or via computer. An optional comprehensive final exam
(0 to 100%) will be given which can be used to replace all, part, or none of the average
hourly exam grades. The weighting of the final exam must be specified at the time the
exam is turned in. There will be no make-up quizzes or tests. In case an exam is missed,
the grade earned on the final exam will be substituted for the missed exam grade (one
exam only). For quizzes, the lowest quiz grade will be dropped. The course grade will be
derived from the student’s final overall average in accordance with the ranges shown
below:
The course grade will be derived from the student’s final overall average in accordance
with the ranges shown in Table 1 below:
Table 1 – Grade Determination
Final Average, %
Course Grade
> 90 -------------------------------------------------------------------------80-89 ------------------------------------------------------------------------70-79 ------------------------------------------------------------------------60-69 ------------------------------------------------------------------------<60 -------------------------------------------------------------------------
A
B
C
D
F
Time/Place
Time: 1:30 – 2:50 MW
Place: UGLC 342 (or any place where there is a computer connected to the internet)
Relationship between Basics Book Chapters and Website
Basics Book
Chapter Website Chapter
1
1
2
2&3
3
4
4
5
5
6
6
7&8
7
9
8
13
9
11
10
11
12
14
15
16
Class Schedule
CE 2326
Spring 2015
MW 1:30 - 2:50
UGLC 342
Date Assignment
Jan 21 – Introduction
26 – Chapter 1 and sects 2.1 & 2.2 of chapter 2
28 – Chapter 2
Feb 2 – Chapters 3
4 – Problems
9 – Problems
11 – Problems
16 – Test 1
18 – Chapter 4
23 – Chapter 5
25 – Chapter 6 (Skip Sec 6.7)
Mar 2 – Problems
4 – Problems
9 – Spring Break
11 – Spring Break
16– Problems
18 – Test 2
23 – Chapter 7
25 – Chapter 8
30 – Chapter 9
Apr 1 – Problems
6 – Problems
8 – Test 3
13 – Chapter 10
15 – Chapter 11
20 – Chapter 12
22 – Problems
27 – Problems 2
29 – Test 4
May 4 – Summary & Evaluations
6 – Make-up class day (if necessary)
13 – Final Exam 4:00 PM – 6:45 PM
Tutor: TBA
Center for Accommodations and Support Services (CASS)
If you have a disability and need classroom accommodations, please contact The Center
for Accommodations and Support Services (CASS) at 747-5148, or by email to
cass@utep.edu, or visit their office located in UTEP Union East, Room 106. For
additional information, please visit the CASS website at www.sa.utep.edu/cass.