Economic Engineering Course
This course equips you with essential economic engineering expertise for manufacturing initiatives. You will learn to develop precise cash flow projections, determine suitable discount rates, assess investments via NPV and IRR comparisons, conduct sensitivity analyses, and formulate persuasive recommendations that enhance engineering decision-making processes. Ideal for professionals seeking to integrate financial acumen into technical projects effectively.

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 realistic project cash flows covering operations, labour, revenues, and capital expenditures.
- Assess manufacturing investments using NPV, IRR, payback, and comprehensive risk measures.
- Execute sensitivity and scenario analyses to rigorously evaluate engineering projects.
- Calculate WACC and choose discount rates based on localised financial information.
- Deliver concise economic advice incorporating quantified risks and strategic 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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