IM 651 - Analytical Techniques for Economic Evaluation
An intensive examination of the principles and applications of analytical techniques for evaluating capital investments, equipment replacements, production costs, and alternative investment and expenditure proposals in which the time value of money is a primary consideration. Includes study of present worth and rate of return analyses, depreciation and depletion, replacement analysis, benefit-cost analysis and methods for incorporating tax considerations in economic evaluation decisions. Prerequisite(s): graduate standing or consent of instructor. Lecture-Lab (ex: 3-1 means 3 hrs lecture and 1 hr lab): Three hours lecture.
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