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About the application:

To introduce the fundamental concepts of economics/finance/costing and to explain how these will affect the functioning of an engineering company and contribute to decision making in engineering operations. Throughout the application and slides,you are expected, • To understand the time value of cash and principles of engineering economics • To develop skills to perform economic analysis of different engineering projects • To gain the ability to create informed financial decisions as a project evaluation squad member or project manager • Learn and use primary concepts for dealing with risk and uncertainty in project outcomes • Practice engineering report writing, and written and oral communication skills • To built critical decision making programs for making appropriate private, personal or public economic and financial decisions. The application includes 10 various course slides and 17 various calculation system for economy decision. Slides: * Enginnering Economic Decisions * Time Value of Cash * Understanting Cash Management * Equivalence Calculations Under Inflation * Show Worth Analysis * Annual Equivalence Analysis * Accounting for Depreciation and Inocome Taxses * Project Money Flow Analysis * Handling Project Uncertainity Special Calculators: * Compound Interest (F/P) * Equal Payment Series Compound Amount Factor (F/A) * Capital Recovery Factor (A/P) * Linear Gradient Series * Effective Interest Rate per Payment Period * Effective Interest Rate per Payment Period (Continuous) * Capital Recovery Cost Factor (CR(i)) * Conversion From Constant to Actual Dollars * Conversion From Actual to Constant Dollars * General Inflation Rate (CPIn/f') * Adjust - Discount Way (i/i')