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ECE 366 ECEĀ 366. Engineering Economics I. 3 Hours.

Explore business organization; discounted cash flow calculations, including present-worth and rate-of-return calculations; replacement analyses; financial analyses; accounting and depreciation; income taxes; inflation; risk analysis, utility theory, decision models, sequential decision making; and value of information. Three lecture hours a week for one semester. Electrical and Computer Engineering 366 and Electrical Engineering 366 may not both be counted. Prerequisite: The following with a grade of at least C-: Biomedical Engineering 335 or Electrical and Computer Engineering 351K (or Electrical Engineering 351K), and Biomedical Engineering 343 or Electrical and Computer Engineering 313 (or Electrical Engineering 313).