Engineering Economics

Course Details

Course Number: 2133  Section Number: 101

Fall 2012

Location: McCoy Engineering Hall

Classroom Number: 207

Days & Times:

MWF 9:00-9:50 am

Course Attachments


Engineering Economy  ISBN: 978-0-07-337630-1

MSU Faculty Member
Dr. Dale B. McDonald   
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Course Objectives


Given a relevant problem, students will create the appropriate cash flow diagram.
Given a relevant problem, students will be able to set up solution equations using factors for present worth.
Given a relevant problem, students will be able to set up solution equations using factors for future worth.
Given a relevant problem, students will be able to set up solution equations using factors for uniform series.
Given a relevant problem, students will be able to set up solution equations using factors for gradients.
Students will be able to differentiate between nominal and effective interest rates.
Given a relevant scenario, students will discuss and/or carry out an economic evaluation of a simple engineering project.

Grading Standards

The final grade for the course will be based on the exam scores and average of the scores earned on the homework assignments.  Exam I contributes 35% of the course grade, the final exam contributes 45%, the homework assignments contribute 20%. The overall average score (X) for the course is determined as follows:


X = .35•(exam I %) + .45• (final exam %) + .2• (homework %)

Final Exam12/10/2012  8:00-10:00 am

Submission Format PolicyNote: You may not submit a paper for a grade in this class that already has been (or will be) submitted for a grade in another course, unless you obtain the explicit written permission of me and the other instructor involved in advance.

Late Paper Policy

Homework assignments must be turned in on the due date, at the beginning of class. Once class starts, late assignments will only be accepted at the discretion of the instructor.

You are expected to take all exams on the scheduled date and time. Make up exams will only be given at the discretion of the instructor depending upon the nature of the circumstances.

Plagiarism Policy Plagiarism is the use of someone else's thoughts, words, ideas, or lines of argument in your own work without appropriate documentation (a parenthetical citation at the end and a listing in "Works Cited")-whether you use that material in a quote, paraphrase, or summary. It is a theft of intellectual property and will not be tolerated, whether intentional or not.

Student Honor Creed

As an MSU Student, I pledge not to lie, cheat, steal, or help anyone else do so."

As students at MSU, we recognize that any great society must be composed of empowered, responsible citizens. We also recognize universities play an important role in helping mold these responsible citizens. We believe students themselves play an important part in developing responsible citizenship by maintaining a community where integrity and honorable character are the norm, not the exception. Thus, We, the Students of Midwestern State University, resolve to uphold the honor of the University by affirming our commitment to complete academic honesty. We resolve not only to be honest but also to hold our peers accountable for complete honesty in all university matters. We consider it dishonest to ask for, give, or receive help in examinations or quizzes, to use any unauthorized material in examinations, or to present, as one's own, work or ideas which are not entirely one's own. We recognize that any instructor has the right to expect that all student work is honest, original work. We accept and acknowledge that responsibility for lying, cheating, stealing, plagiarism, and other forms of academic dishonesty fundamentally rests within each individual student. We expect of ourselves academic integrity, personal professionalism, and ethical character. We appreciate steps taken by University officials to protect the honor of the University against any who would disgrace the MSU student body by violating the spirit of this creed. Written and adopted by the 2002-2003 MSU Student Senate.

Students with Disabilities The Americans with Disabilities Act (ADA) is a federal anti-discrimination statute that provides comprehensive civil rights protection for persons with disabilities. Among other things, this legislation requires that all students with disabilities be guaranteed a learning environment that provides for reasonable accommodation of their disabilities. If you believe you have a disability requiring an accommodation, please contact the Disability Support Services in Room 168 of the Clark Student Center, 397-4140.

Safe Zones Statement The professor considers this classroom to be a place where you will be treated with respect as a human being - regardless of gender, race, ethnicity, national origin, religious affiliation, sexual orientation, political beliefs, age, or ability. Additionally, diversity of thought is appreciated and encouraged, provided you can agree to disagree. It is the professor's expectation that ALL students consider the classroom a safe environment.

Contacting your Instructor All instructors in the Department have voicemail in their offices and MWSU e-mail addresses. Make sure you add your instructor's phone number and e-mail address to both email and cell phone lists of contacts.

Attendance Requirements

You are expected to attend class regularly and are responsible for notes and homework assignments missed while absent.

Writing Proficiency Requirement All students seeking a Bachelor's degree from Midwestern State University must satisfy a writing proficiency requirement once they've 1) passed English 1113 and English 1123 and 2) earned 60 hours. You may meet this requirement by passing either the Writing Proficiency Exam or English 2113. Please keep in mind that, once you've earned over 90 hours, you lose the opportunity to take the $25 exam and have no option but to enroll in the three-credit hour course. If you have any questions about the exam, visit the Writing Proficiency Office website at, or call 397-4131.