Year: 2025
Type: conference-paper
Abstract: The core material of an engineering economy class is the mathematical means to evaluate money through time and the concepts of project evaluation in terms of engineering limitations and financial considerations.The students use these tools to evaluate contemporary "green" topics that they have researched.One class considered the economics of recycling.Another class has researched the implications of various means of commercial electric generation.In both cases, the individual students acquire an expertise in a single area of the project and contribute that knowledge during the period, in-class group analysis and discussions.Teaching an introductory, under-graduate class in engineering economy involves all of the arithmetic involving interest, annualized payments, inflation, and future worth.It involves the analysis of the decision-making process involving both engineering and economic criteria.The Joseph Hartman's textbook provides a wealth of information.The class also provides the forum for the critical evaluation of current topics based on the economic understanding discerned from the core material.It also allows for the inclusion of several of the criteria on which engineering programs are evaluated.During the past two semesters, this endeavor has been focused on the "green" topics ever present in printed media and political discussions.
Author: William Bloxsom
Institution: Colorado State University Pueblo
Language: English
Subfield: Architecture
Field: Engineering
Domain: Physical Sciences
Open Access status: gold
OpenAlex ID: W6925497589
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