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CHAPTER 1: INTRODUCTION TO ENGINEERING ECONOMY - Coggle Diagram
CHAPTER 1: INTRODUCTION TO ENGINEERING ECONOMY
ENGINEERING ECONOMY FUNDAMENTALS
TIME VALUE OF MONEY
EXPLAINS THE CHANGE IN THE AMOUNT OF MONEY OVER TIME
INFLATION
INDICATE THE RELATIONSHIP BETWEEN TIME AND MONEY
ECONOMIC EQUIVALENCE
TO DETERMINE DIFFERENT AMOUNTS OF MONEY AT DIFFERENT POINTS
COMBINATION OF INTEREST RATE AND TIME VALUE OF MONEY
SPREADSHEET
FUNCTION
INTRODUCTION TO MARR
MINIMUM ATTRACTIVE RATE OF RETURN
REASONABLE RATE OF RETURN TO EVALUATE AND SELECT ALTERNATIVE
INTEREST RATE AND RATE OF RETURN
SIMPLE COMPUND INTEREST
CASH FLOW ESTIMATION
END-OF-PERIOD ASSUMPTIONS
PERSPECTIVE TAKEN FOR CASH FLOW ESTIMATIONS
CASH FLOW DIAGRAMS
NET CASH FLOW
ETHICS
PERSONAL ETHICS
ENGINEERING ETHICS
UNIVERSAL ETHICS