This course intends to integrate economic theory with the engineering practice. It refers to those aspects of economics and its tools of analysis most relevant to the engineer's decision making process. After approval the students will:

1. gain an understanding of core economic principles and will be able to identify and explain economic concepts and theories related to the behavior of economic agents, markets, industry and firm structures, and how they apply to a wide range of real world issues.
2. identify and adopt the techniques of preparing, structuring, evaluating and monitoring investment projects.
3. prepare an investment, an operating and a financing plan.
4. assessing the associated risk to an investment decision as well as to use this information to evaluate available investment alternatives.

Curricular Unit Form