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IND3315 - Engineering economy

6 points, SCA Band 2, 0.125 EFTSL

Undergraduate Faculty of Engineering

Leader: P J Gregory


Clayton Second semester 2007 (Day)


Introduction to financial planning and control: structure and content of financial statements: accounting and costing terminology: cost volume profit analysis: budgeting, product costing, cost control: time value of money: discounted cash flow, payback and accounting rate of return methods for project evaluation: cost of capital, depreciation and taxation issues: capital budgeting; project analysis under certainty and under risk; working capital management: financial and non-financial indicators to monitor organisational performance and productivity improvement: application to projects incorporating methods engineering and facilities design improvements.


Assignments: 30%
Examination (3 hours): 70%

Contact hours

36 lectures and 24 hours laboratory/practice classes per semester


Must have passed 72 credit points including IND2400 (or IND2311) and IND2401 (or IND1332 or IND2332)


IND3722, IND4722