Engineering Economy detailed Syllabus for Industrial & Production Engineering (IPE), 2018 scheme has been taken from the VTUs official website and presented for the VTU students. For Course Code, Subject Names, Teaching Department, Paper Setting Board, Theory Lectures, Tutorial, Practical/Drawing, Duration in Hours, CIE Marks, Total Marks, Credits and other information, visit full semester subjects post given below. The Syllabus PDF files can also be downloaded from the official website of the university.
For all the other VTU IPE 6th Sem Syllabus for BE 2018 Scheme, visit Industrial & Production Engineering 6th Sem 2018 Scheme.
For all the (Professional Elective-1) subjects refer to Professional Elective-1 Scheme. The detail syllabus for engineering economy is as follows.
Course Learning Objectives:
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Module-1
Introduction: engineering decision – makers, engineering and economics, problem solving, intuition and analysis, tactics and strategy with an example. Interest and Interest Factors: Interest rate, simple interest compound interest, interest formulae, time value equivalence exercises, problems and discussion
Module-2
Present Worth Comparison: Conditions for present worth comparisons, rule 72, and basic present worth comparisons, present worth equivalence, net present worth, assets with equal and unequal lives, comparison of assets assume to have infinite lives, exercises and problems. Equivalent Annual Worth Comparisons: Situations for equivalent annual worth comparison, net annual worth of a single project, comparison of net annual worth’s, definitions of asset life, comparison of assets with equal and unequal lives, exercises and problems.
Module-3
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Module-4
Replacement Analysis: Introduction, Reasons for Replacements – Deterioration, obsolescence, inadequacy, replacement criteria problems, Replacements of assets considering and ignoring time value of money. Group Replacements. Numerical Problems on the above types of Replacement Problems.
Module-5
Estimating and Costing: components of costs such as direct material cost, direct labour cost, Fixed, over -heads, factory costs, administrative – over heads, first cost, selling price, calculation of the total cost of various components, mensuration, estimation of simple components.
Course Outcomes:
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Question paper pattern:
- The question paper will have ten full questions carrying equal marks.
- Each full question will be for 20 marks.
- There will be two full questions (with a maximum of four sub- questions) from each module.
- Each full question will have sub- question covering all the topics under a module.
- The students will have to answer five full questions, selecting one full question from each module.
Textbook:
- Engineering economy Riggs J.L. McGraw Hill 2002
- Engineering economy Paul Degarmo Macmillan Pub, Co. 2001
Reference Books:
For the complete Syllabus, results, class timetable, and many other features kindly download the iStudy App
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For the detail Syllabus of all other subjects of BE (IPE) 6th Sem, visit Industrial & Production Engineering 6th Sem Subjects.
For all (CBSE & Non-CBSC) BE/B.Tech results, visit VTU BE/B.Tech all semester results.