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Nov 23, 2024
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OREM 8361 - Engineering Economics and Decision Analysis
Credits: 3
Introduction to economic analysis methodology. Topics include engineering economy and cost concepts, interest formulas and equivalence, economic analysis of alternatives, technical rate-of-return analysis, and economic analysis under risk and uncertainty. Credit not allowed for both OREM 2360 and OREM 8361. Prerequisite: Knowledge of introductory probability and statistics.
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