Sr. No
. |
Description of Topic |
01 | Introduction to Economics: Micro and Macro Economics |
02 | Supply and demand theory, supply, and demand equilibrium |
03 | Engineering Economics: Principles of Engineering Economy |
04 | Engineering Economy Methodology |
05 | Steps in Engineering Economic Analysis |
06 | Cost and Value Concepts: Sunk and opportunity costs |
07 | Fixed, variable, and incremental costs |
08 | Recurring and nonrecurring costs, direct, indirect, & overhead costs |
09 | Standard costs, cash versus book costs, life cycle costs |
10 | Value, market value, use value, fair value, book value, salvage value |
11 | Sources of costing information: labor, material, overheads, fixed |
12 | variable cost, absorption costing marginal costing, standard costing |
13 | Inventory Valuation Methods |
14 | Comparing alternatives: Net present value, net present cost |
15 | Cost Benefit analysis, internal rate of return, payback period, |
16 | levelized costs, break-even analysis for capital investment |
17 | Margin of safety application in Master Production Scheduling. |
18 | Depreciation: Types & methods of computing depreciation |
19 | Economic life of equipment and replacement decisions |