ENGI 2103

Unavailable to students with credit for ENGI205 or ENGI-2101. Note: This course is not acceptable as credit in the BEng (Transfer) program. This course is designed to provide students with the fundamentals of Engineering Economics. Engineers design buildings, machines and other systems. They also function as managers in the real world of decision making where the criteria includes not only technological excellence, social impact and environmental considerations, but also cost. The bottom line or the cost of the systems we design plays a critical role in whether or not these designs are implemented. We must know when to repair or when to replace, when to make and when to buy. The engineer/ manager must understand how money works as well as how materials perform. Taxes and inflation can have significant impacts on the viability of projects. This course is designed to introduce students to these fundamentals.