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 suitable discount rates using WACC and local financial data evaluate options via NPV, IRR, and payback methods conduct sensitivity and scenario analyses to test project viability under uncertainty and craft persuasive recommendations backed by quantified risks and mitigation strategies, empowering superior engineering and investment decisions.

flexible workload of 4 to 360h
valid certificate in your country
What will I learn?
Gain expertise in constructing accurate project cash flows, modelling labour and operational expenses, and projecting revenues reliably. Master capital budgeting techniques including NPV, IRR, payback periods, and sensitivity analysis to assess investments, manage risks, and determine appropriate discount rates. Conclude 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 investments.
- 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 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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