Economic Engineering Course
Gain expertise in economic engineering tailored for manufacturing initiatives. Master constructing realistic cash flows, selecting appropriate discount rates, evaluating investments via NPVs and IRRs, executing sensitivity analyses, and crafting compelling recommendations that enhance engineering choices and project outcomes.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
This Economic Engineering Course equips you to construct practical project cash flows, model labor and operating expenses, and project revenues reliably. Delve into capital budgeting techniques including NPV, IRR, payback methods, and sensitivity analysis for investment comparisons, uncertainty management, and discount rate selection. Emerge prepared to offer robust, evidence-based recommendations for pivotal manufacturing decisions.
Elevify advantages
Develop skills
- Build accurate project cash flows covering operations, labor, revenues, and capital expenses.
- Assess manufacturing investments using NPV, IRR, payback periods, and risk measures.
- Conduct sensitivity and scenario analyses to test engineering projects thoroughly.
- Calculate WACC and choose discount rates with country-specific financial information.
- Deliver clear economic advice backed by quantified risks and mitigation strategies.
Suggested summary
Before starting, you can change the chapters and 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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