Business Economics – Learn to Evaluate Business & Projects

Understand Fundamentals of Engineering Economics that Enable Students to Perform Economic Analysis of Different Projects

Created by: OZIS Academy
LEARNING TO LEAD

What Will I Learn?

• Understand major principles of economic analysis for decision making among alternative courses of action in engineering.
• Apply cost estimation and alternative analysis techniques for engineering applications.
• Demonstrate knowledge of cost estimation techniques and probabilistic risk analysis.
• Apply the concepts and techniques of linear programming for optimization of economic resources
• Evaluate and justify selection of different alternatives by using economic analysis techniques
• Understand the Concepts of Time Value of Money
• Understand the Concepts of Depreciation for taking decision between the Alternatives wisely.

Requirements

• The course is designed for learners of all levels.
• All concepts are introduced slowly and gradually, but comfort with thinking analytically will be helpful.

Target audience

• You can be a student in high school or university, an entrepreneur, a lawyer, a banker or an engineer This course is designed for people who are not coming from economics background, or just started studying Economics or studied Economics but forgot most of it
• Anyone wanting to progress from Beginner to Advanced in Engineering Economics
• Who want to start up their Business and want to take Good Decisions between the Business Alternatives.