Economic Engineering Course
Gain expertise in economic engineering for manufacturing initiatives. Master creating realistic cash flows, selecting appropriate discount rates, evaluating investments via NPV and IRR, performing sensitivity analyses, and providing compelling recommendations to enhance engineering choices. This course equips you with practical tools for confident financial decision-making in projects.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Discover how to construct practical project cash flows, model labour and operating expenses, and predict revenues reliably. Master capital budgeting techniques including NPV, IRR, payback methods, and sensitivity analysis to evaluate investments, manage uncertainties, and determine discount rates. Conclude prepared to offer robust, evidence-based advice for critical manufacturing choices.
Elevify advantages
Develop skills
- Build accurate project cash flows covering operations, labour, 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 local financial data.
- Deliver clear economic advice including 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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