Economic Engineering Course
This course equips you with essential economic engineering skills for manufacturing projects. You will learn to develop realistic cash flows covering operations, labour, revenues, and capital expenditures select discount rates using WACC and local financial data evaluate options via NPV, IRR, and payback methods conduct sensitivity and scenario analyses to assess risks and communicate strong investment recommendations with quantified uncertainties and strategies to mitigate them, enhancing decision-making in engineering contexts.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain skills to construct accurate project cash flows, model labour and operating expenses, and predict revenues reliably. Master capital budgeting techniques including NPV, IRR, payback periods, and sensitivity analysis for evaluating investments, managing risks, and choosing appropriate discount rates. Emerge equipped to deliver compelling, evidence-based advice for critical manufacturing choices.
Elevify advantages
Develop skills
- Develop precise project cash flows including operations, labour, revenues, and capital costs.
- Assess manufacturing investments using NPV, IRR, payback, and risk evaluation tools.
- Conduct sensitivity and scenario analyses to rigorously test engineering projects.
- Calculate WACC and choose discount rates with country-specific financial information.
- Deliver compelling economic advice featuring quantified risks and mitigation approaches.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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