ST.

DOMINIC SAVIO COLLEGE

COLLEGE OF ARTS, SCIENCES, AND EDUCATON
SY 2018 - 2019
CURRICULUM INSTRUCTIONAL GUIDE (CIG)

I. COURSE CODE : Engineering 2

II. COURSE TITLE : Engineering Economics

III. COURSE DESCRIPTION : To enable students to understand the fundamental economic concepts applicable to engineering
and to learn the techniques of incorporating inflation factor in economic decision making

IV. COURSE CREDIT : 3 units Pre-requisite:

V. COURSE OBJECTIVES : At the end of course, the students should be able to :

Students will acquire the skills to apply the basics of economics and cost analysis to
engineering and take economically sound decisions.

VI. COURSE REQUIREMENTS : Attendance Quizzes Seatwork Summative test

Oral Recitation Books Projects

VII. COURSE GRADING SYSTEM : AFFECTIVE (10%) FORMATIVE (50%) SUMMATIVE (40%)
-Attendance -Class Standing -Prelim
-Attitudes towards work -Participation -Midterm
-Towards superiors -Quizzes -Semi-Final Exam
-Towards peer -Long Tests -Final Exam
-Assignment
-Term Paper

VIII. COURSE REFERENCE : Chan S.Park, “Contemporary Engineering Economics”, Prentice Hall of India, 2011.
Donald.G. Newman, Jerome.P.Lavelle, “Engineering Economics and analysis” Engg. Press, Texas,
2010.
 Degarmo, E.P., Sullivan, W.G and Canada, J.R, “Engineering Economy”, Macmillan, New York, 2011.
Zahid A khan: Engineering Economy, “Engineering Economy”, Dorling Kindersley, 2012

IX. COURSE OUTLINE

LEARNING TIME
INSTRUCTIONAL STRATEGIE ACTIVITIE RESOURCE EVALUATION MASTER
TOPICS INSTRUCTIONAL SC FRAM
OBJECTIVE S S S TOOLS Y LEVEL
OUTCOMES E
UNIT I : Students will Upon successful C6 • Teacher Discussion, Copy of Text Performance 3hrs 75%
INTRODUCTION TO acquire the skills to completion of this lecture Recitation, task,recitation/ 1st-
ECONOMICS apply the basics of course, students • cooperative Performanc boardwork, 2nd
[8 hours] economics and cost will acquire the learning e task. formative and week
Introduction to analysis to skills to apply the groups Write the summative
Economics- Flow in an engineering and basics of • individual script of the test.
economy, Law of take economically economics and assistance documenta
sound decisions. • partner ry or
supply and demand, cost analysis to
work broadcast
Concept of Engineering engineering and
• report
Economics – take economically worksheets
Engineering efficiency, sound decisions. • board
Economic efficiency, works
Scope of engineering
economics – Element
of costs, Marginal cost,
Marginal Revenue,
Sunk cost, Opportunity
cost, Break-even
analysis – V ratio,
Elementary economic
Analysis – Material
selection for product
Design selection for a
product, Process
planning
UNIT II : VALUE Students will Upon successful C6 • Teacher Discussion, Copy of Text Performance 3hrs 75%
ENGINEERING acquire the skills to completion of this lecture Recitation, task,recitation/ 3rd –
Make or buy decision, apply the basics of course, students • cooperative Performanc boardwork, 4th
Value engineering – economics and cost will acquire the learning e task. formative and week
Function, aims, Value analysis to skills to apply the groups Write the summative
engineering procedure. engineering and basics of • individual script of the test.
Interest formulae and take economically economics and assistance documenta
sound decisions. • partner ry or
their applications – cost analysis to
work broadcast
Time value of money, engineering and
• report
Single payment take economically worksheets
compound amount sound decisions. • boardworks
factor, Single payment
present worth factor,
Equal payment series
sinking fund factor,
Equal payment series
payment Present worth
factor- equal payment
series capital recovery
factor – Uniform
gradient series annual
equivalent factor,
Effective interest rate,
Examples in all the
methods.

UNIT III : CASH FLOW Students will Upon successful C6 • Teacher Discussion, Copy of Text Performance 3hrs 75%
Methods of comparison acquire the skills to completion of this lecture Recitation, task,recitation/ 5th-6th
of alternatives – apply the basics of course, students • cooperative Performanc boardwork, week
present worth method economics and cost will acquire the learning e task. formative and
(Revenue dominated analysis to skills to apply the groups Write the summative
cash flow diagram), engineering and basics of • individual script of the test.
Future worth method take economically economics and assistance documenta
sound decisions. • partner ry or
(Revenue dominated cost analysis to
work broadcast
cash flow diagram, engineering and
• report
cost dominated cash take economically worksheets
flow diagram), Annual sound decisions. • boardworks
equivalent method
(Revenue dominated
cash flow diagram,
cost dominated cash
flow diagram), rate of
return method,
Examples in all the
methods

Noted by: Approved by:

Dr. Christian Jay Y. Ilagan Dr. Nestor V. Dela Cruz

Dean President