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I .—. . ,-. Session 1139

— ENGINEERING ECONOMY: A SURVEY OF CURRENT TEACHING PRACTICES

Jerome P. Lavelle Kansas State University

INTRODUCTION This paper describes the results of a survey conducted during the fall semester of 1995. The intent was to gather data regarding the ways and means in which engineering economy is being taught at our universities. The hope was that such data would prove enlightening and perhaps lead to a better understanding of how engineering economy could/should fit into curricula in the future. Also, the hope was to-uncover data that would lead others to understand the pedagogy being used and perhaps increase the efficacy of their own teaching of the subject. In the following sections the results of the various questions of the survey are given as well as some commentary and conclusions regarding potential implications of that data at the end.

THE SURVEY The survey was distributed via conventional mail and e-mail to all members of the industrial engineering and engineering economy communities (via CAIEDH and ASEE-EED mail lists). A note contained in the distribution asked all who received it to forward copies to other departments that teach engineering economy within their respective colleges/universities. The surveys, containing some dozen questions, were completed and returned to the author during the fall semester of 1995 — the names of those who participated in the survey are given in Appendix A. The results of the individual questions from the survey are given below:

QUESTION: Which department(s) Teaches Engineering Economy at Your School?

Entity No. of Answer Entity No. of Answer That Teaches Responses Frequency That Teaches Responses Freque Industrial Engineering 26 54.2% Industrial Technology 1 2.1% Engineering Management 6 12.5% College of Engineering 1 2.1% Civil Engineering 5 10.4% School of Management 1 2.1% Chemical Engineering 5 10.4% Engineering Technology 1 2.1% Engineering & Mngt Sciences 1 2.1% Manufacturing 1 2.1%

QUESTION: Do Graduate Students Teach Your Engineering Economy Course?

NO: 31 (73.8%)YES: 11 (26.2%) Average (if YES) If YES, What % of Time: 50,40,40,33,30,20,20, 20,20, 10, 10 26.6 %

- “ f@x’@~ 1996 ASEE Annual Conference Proceedings ‘.,+

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Lavelle, J. P. (1996, June), Engineering Economy: A Survey Of Current Teaching Practices Paper presented at 1996 Annual Conference, Washington, District of Columbia. 10.18260/1-2--6022