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P107
Basic Engineering Economics

Kevin A. Mussmacher, P.E.

This four-hour online course gives the working engineer an overview of the economics methods employed in effective engineering decisions as related to the designing, planning and implementation of successful projects. It emphasizes the practical benefits of the applications of such tools as Time Value of Money calculations, Depreciation, Replacement Analysis, Benefit to Cost Ratios, Break-even Analysis, and Life Cycle Cost. This course includes a multiple-choice quiz at the end, which is designed to enhance the understanding of the course materials.

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NY PE & PLS: You must choose courses that are technical in nature or related to matters of laws and ethics contributing to the health and welfare of the public. NY Board does not accept courses related to office management, risk management, leadership, marketing, accounting, financial planning, real estate, and basic CAD. Specific course topics that are on the borderline and are not acceptable by the NY Board have been noted under the course description on our website.

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