EGN 3615-002
Professor
Eng Econ w/Soc & Global Implications
Dr. Michael X. Weng
Office: ENC 2208
E-mail: mxweng@usf.edu
Spring 2014
Phone: 974-5575
Classroom: ENA 105 Class Time: TR 9:30 – 10:45 am (January 6 ~ April 25)
Recitation: F 10:10 – 11:00 am in ENA 141 (January 6 ~ April 25)
Office Hours:2:00 ~ 3:00 pm on Thursdays and by appointments
TA
Ran Zhong,
Office Hours: , in ENC 2004
Objective
(1) Discuss the concepts of engineering costs, interest, time value of money, present
value and cash flows, (2) Learn a variety of analytical techniques to carry out
engineering economic analysis, and (3) provide the broad education necessary to
understand the impact of engineering solutions in a global, economic, environmental,
and societal context, and a knowledge of contemporary issues.
Textbook
1. Engineering Economic Analysis, 11th Ed, Newnan, Eschenbach, & Lavelle,
published by Oxford University Press, 2012
2. Globalization: A very short introduction, by Steger, published by Oxford, 2009
Topics
Making Economic Decisions
Engineering Cost and Cost Estimation
Interest and Cash Flows
Present Value and Annual Cash Flow Analyses
Rate of Return Analysis
Other Analysis Techniques
Impact of Uncertainty
Depreciation and Income Taxes
Replacement Analysis
Inflation and Price Change
Grading
3 Midterm Exams
Feb. 4, Mar. 4, April 3, 9:30~10:45 am
300 points
Final Examination
April 24, 9:30 ~ 10:45 am
100 points
6-8 quizzes
100 points
Cut-off for A, B, C, D and F 100-90, 89.99-80, 79.99-70, 69.99-60, < 60
Exams
Exercise problems are assigned but not collected. There will be 6~8 quizzes given in
the first 5-10 minutes of classes. There will be 3 midterm exams and a final exam. If
an exam is closed book and closed notes, a formula sheet of size 8.5x11 and 2-sided
is allowed. You create your own formula sheet. If an emergence arises or a conflict
occurs which prevents a student from taking an exam, you must notify Professor
Weng before the exam. If the explanation is judged to be legitimate, a make-up
exam will be given at the discretion of Dr. Weng.
Attendance
I expect your interaction and encourage you to ask questions in class and/or see me
in my office by making an appointment when you have questions.
Academic
Integrity
Any work on exams must be the individual student’s in-class work. Any attempt at
academic dishonesty will be punished to the fullest possible extent.
EGN 3615 Engineering Economics with Social/Global Implications
Exercises for practicing
Chapter 1
1-2, 1-3, 1-10, 1-18, 1-24, 1-55, 1-56, 1-64
Chapter 2
2-2, 2-6, 2-8, 2-19, 2-20, 2-34, 2-35, 2-38, 2-39, 2,43, 2-47, 2-54
Chapter 3
3-5, 3-6, 3-12, 3-13, 3-20, 3-26, 3-31, 3-40, 3-44, 3-49, 3-51, 3-57, 3-59
Chapter 4
4-3, 4-4, 4-10, 4-11, 4-17, 4-24, 4-28, 4-29, 4-40, 4-54, 4-59, 4-61, 4-68, 4-82. 4-89,4-102,4-106
Chapter 5
5-5, 5-8, 5-9, 5-11, 5-18, 5-21, 5, 24, 5-25, 5-26, 5-32, 5-38, 5-43, 5-45, 5-52, 5-57, 5-65, 5-72, 575, 5-80
Chapter 6
6-4, 6-9, 6-13, 6-24, 6-29, 6-41, 6-49, 6-53, 6-55, 6-57, 6-73, 6-75
Chapter 7
7-4, 7-8, 7-11, 7-13, 7-31, 7-36, 7-44, 7-45, 7-47, 7-52, 7-54, 7-58, 7-63, 7-69, 7-71, 7-74, 7-80, 783, 7-84, 7-87, 7-88
Chapter 8
8-2, 8-4, 8-5, 8-14, 8-15, 8-16, 8-23, 8-37, 8-38, 8-39
Chapter 11
11-2, 11-4, 11-8, 11-18, 11-25, 11-33, 11-36, 11-45, 11-63
Chapter 12
12-1, 12-2, 12-4, 12-6, 12-11, 12-14, 12-18, 12-39, 12-40, 12-43, 12-5