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BSc Computer Science and Engineering

Introduction to Engineering Economics

Type Semester ECTS Code
Elective (E) 2 4
Course Lecturer Bejtush Ademi , MSc
Course Assistant
Course Tutor

The course is designed to provide an elective option for students to get the basics of engineering
economics. Economics is the study of value, costs, resources and their relationship in a given context or
situation. In the discipline of computer science and engineering, activities have costs and economic
Aims and Objectives
attributes. The course provide an opportunity for students to learn about the basics of engineering
finance and accounting, inflation, depreciation, time value of money, taxation, efficiency, effectiveness
and productivity.

Upon successful completion of this course, the students will:

Understand the basic theory of engineering economics

Understand the use of decision-making methods in finance, costing and accounting in a computer
Learning Outcomes
science related context
Be able to apply concepts of inflation, depreciation and taxation to computer science
Use concepts of efficiency, effectiveness and productivity to evaluate the need for information

Course Plan Week

Introduction to Engineering Economics 1
Principles of engineering economics and the design process 2
Cost concepts
o and design
In-class economics + Case Study
practice 3
Cost estimation techniques + Case Study 4
The time value of money + Case Study 5
Evaluating a single project 6
Course Content
Comparison and selection among alternatives + Case Study 7

Depreciation and Income Tax 8

Price changes and exchange rates + Case Study 9

Replacement analysis + Case Study 10
Evaluating Projects with the BenefitCost Ratio Method + Case Study 11
Breakeven and sensitivity analysis + probabilistic risk analysis 12
Teaching/Learning Activity Weight (%)
1. Lectures 40%
Teaching/Learning 2. In-class practice 30%
Methods 3. Case Studies 30%

Assessment Activity Number Week Weight (%)
1. Attendance/Participation 10%
2. Group Project 1 12 30%
Assessment Methods
3. Individual Projects 2 6, 9 20%
4. Final Exam 13 40%

Resources Number
1. Classroom

Course resources 2. Laboratory

3. Moodle
4. Projector / dashboard /Other related equipment
Activity Weekly hrs Total workload
1. Lectures 2 12
ECTS Workload
2. In-class Practice + Case Studies 1 12
3. Final Exam 2

Literature/References Sullivan & Bontadeli, Engineering Economics, Prentice Hall, NY, 2011

Contact Bejtush.ademi@ubt-uni.net