Engineering Economy

Cost Concept and Estimation | Time Value of Money | Evaluating a Single Project

Comparison and Selection among Alternatives | Depreciation & Income Taxes

Module 1

Introduction to Engineering Economy

Principle of Engineering Economy

  1. Quick Start Guide to MET 425 Project and Value Management

  2. Principles of Engineering Economy (Not a video, a power point presentation in the course website)

Module 7

Depreciation and Income Taxes

  1. Basics/Classical/Historical Depreciation Methods

    1. Straight-Line (SL) Method

    2. Declining-Balance (DB) Switches Over to Straight-Line (SL) Method

  2. Modified Accelerated Cost Recovery System (MACRS) Step by Step Guideline

    1. MACRS Introduction Step 1 & 2

    2. MACRS Calculation Step #3

    3. MACRS Calculation Step #4

    4. MACRS Calculation Step #5

  3. Modified Accelerated Cost Recovery System (MACRS)Examples

    1. MACRS GDS & ADS Example

  4. After-Tax Cashflow ATCF Analysis

    1. Single Project

    2. Multiple Projects

  5. IRS Documents/Tables (IRS Updated Year 2021)

    1. https://www.irs.gov/publications/p946

    2. https://www.irs.gov/pub/irs-pdf/p946.pdf

(Must use the latest IRS publications for any depreciation/tax calculation)

Reference

  1. General

    1. Sullivan, W. G., Wicks, E. M., & Koelling, C. P. Engineering Economy.

    2. Newnan, D. G., Eschenbach, T. G., Lavelle, J. P., & Lewis, N. A. Engineering economic analysis.

  2. Module 7: Depreciation and Income Taxes

    1. https://www.irs.gov/publications/p946

    2. https://www.irs.gov/pub/irs-pdf/p946.pdf

More modules are coming soon....