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ENGR 60: Engineering Economy

Fundamentals of economic analysis. Interest rates, net present value, and internal rate of return. Applications to personal and corporate financial decisions. Mortgage evaluation, insurance decision, hedging/risk reduction, project selection, capital budgeting, and investment valuation. Effects of taxes on personal and business decisions. Investment decisions under uncertainty and utility theory. Please see http://www.stanford.edu/class/engr60. Prerequisites: precalculus and elementary probability.
Terms: not given this year | Units: 3 | UG Reqs: GER:DB-EngrAppSci | Grading: Letter or Credit/No Credit
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