E I211 GP234 Economic Analysis in Engineering
E I211 GP234 Economic Analysis in Engineering
I. GENERAL INFORMATION
CODE : GP234
SEMESTER :
CREDITS : 3
HOURS PER WEEK : 4 (Theory – Practice)
PREREQUISITES : GP203 Macroeconomy, GP223 Financial Accounting
CONDITION : Elective
INSTRUCTOR : Daniel Valdivia, Roberto Eyzaguirre
INSTRUCTOR E-MAIL : danielvc@uni.edu.pe
This course trains students in the application of methods and technique of engineering economics, for decision
making in engineering or technical projects assessment. Time concepts, interest rate and equivalence are
explained to know how the affect money. Capital cost calculation. Depreciation application. Fund net-flow. VPN,
CC, TIR, B/C, VAUE, PRI and PE techniques so students can hand in results of the economical assessment.
Replacement decision. Selection of independent projects with budget limitations. Engineering application
problems are solver and spreadsheet is used.
1. Deduce and use engineering economics factors to explain money value through time.
2. Organize and calculate the cost of every capital source.
3. Use depreciation methods allowed by domestic law and study their impact in taxation.
4. Elaborate fund net-flow for its assessment considering the tax effect on income.
5. Apply and compare alternatives based on present value, Internal rate of return, profit-cost ratio, Uniform
Annual Value Equivalent.
6. Carry out studies of replacement of an assets or system in use for a new one.
7. Select among independent projects when there is a limit in capital investment.
3. DEPRECIATION / 4 HOURS
1
Concepts and definitions / national legal framework / Depreciation systems / Comparative graphs.
VI. METHODOLOGY
This course is carried out in theory and practical sessions. In theory sessions, the instructor introduces concepts,
models and applications. In practical sessions, different problems are solved and their contextualized solutions
are analyzed. Students must use electronic sheet and software entire liner programming software. At the end of
the course, students must hand over and expose and applicative and integrating paper. In all sessions, students’
active participation is encouraged.
VIII. BIBLIOGRAPHY
1. BLANK LELAND AND ANTHONY TARKIN
Engineering Economics (Spanish)
McGraw Hill, 6th edition (2006)
2. SULLIVAN, WILLIAN AND ELIN M. WICKS
Engineering Economics (Spanish)
Prentice Hall editorial (2004)