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Bilkent University

Online Academic Catalog

Undergraduate and Graduate Programs 2020-2021


IE 342 Engineering Economic Analysis

Analysis of engineering decisions; principles and methodology of comparing decision alternatives, such as various engineering designs, manufacturing equipment, or industrial projects. Dealing with uncertainty and risk; rational decision making when future outcomes are uncertain. Concepts of time value of money. Effects of depreciation, inflation, and taxation on economic decisions. Cost-benefit analysis of public projects. Replacement analysis. Introduction to financial engineering. Credit units: 3 ECTS Credit units: 5.

Autumn Semester (Arnab Basu, Emre Uzun)

Spring Semester (Arnab Basu, Milad Malekipirbazari, Emre Uzun)

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