Engineering Economics

Course Name: 

Engineering Economics (SM 300)






Programme Core (PC)

Credits (L-T-P): 

(3-0-0) 3


Basic economic concepts and problems: Theories of demand, supply and Market equilibrium.Elasticity, forecasting and cost terminology. Methods of economic analysis in Engineering- Basis for comparison of alternatives. Selection among alternatives, replacement analysis- Evaluating public activities- depreciation accounting- estimating economic element


1. Thuesen G.J. and Fabrycky W.J., “Engineering Economy “, 9th ed., prentice_ Half of India, New Delhi, 2002.
2. Sullivan W.G., Bontadelli J.A. and Wicks E.M., “Engineering Economy “, 11th ed., Pearson Education Asia, New Delhi, 2001
3. Leland Blank P.E. and Anthony Tarquin P.E., “Engineering Economy”, 4th ed., McGraw Hill, Singapore, 1998.
4. Newnan Donald G., Eschenbach Ted G., Lavelle Jerome P., Engineering Economic Analysis, Oxford University Press, 2004.
5. N.GregoryMankiw, Principles of Economics, Thomson, 2002


School of Management

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Dr. Rajesh Acharya H
Head, School of Management,
National Institute of Technology Karnataka
Post: Srinivasanagar, Surathkal, Mangalore - 575025
Karnataka, India.
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