Conference Session

Engineering Economy Division (EED) Technical Session

Collection

2023 ASEE Annual Conference & Exposition

Authors

Neal A. Lewis, University of Nebraska - Lincoln; Ted Eschenbach, TGE Consulting

Tagged Topics

Diversity

Tagged Divisions

Engineering Economy Division (EED)

received ASEE’s biannual National Engineering Economy Teaching Excellence Award. ©American Society for Engineering Education, 2023 Diversity and Equity as Part of Personal Decision-MakingAbstractDiversity, equity, and inclusion can be difficult to incorporate into an engineering economycourse. There are financial products and services where diversity and demographics are directlylinked with personal financing decisions and economic equity. For example, engineeringeconomy courses can cover useful qualitative perspectives for life, vehicle, and medicalinsurance. Engineering economy courses traditionally cover saving for retirement. This paperextends this to include explicit consideration of career length

Conference Session

Engineering Economy Division (EED) Technical Session

Collection

2023 ASEE Annual Conference & Exposition

Authors

Ming Li, Beijing Foreign Studies University; Min Zhao, Graduate School of Education, Beijing Foreign Studies University

Tagged Divisions

Engineering Economy Division (EED)

isresponsible for monitoring all departments. The Vice Provost for Graduate Studieshas less influence on undergraduate programs and accreditation, but plays animportant role in supporting undergraduate and graduate programs, and in improvingand supporting pathways to intellectual learning for students with career potential.The Vice Provost for Academic Affairs supports course evaluations, learning outcomeevaluations, surveys, and other aspects of course quality control, and works withdepartment chairs to ensure teaching excellence. The dean responsible forundergraduate study is mainly responsible for the quality and effectiveness ofundergraduate programs, cares about the vital interests of teachers and students, andguides the development of new

Conference Session

Engineering Economy Division (EED) Technical Session 1

Collection

2023 ASEE Annual Conference & Exposition

Authors

Kate D. Abel, Stevens Institute of Technology (School of Engineering and Science)

Tagged Topics

Diversity

Tagged Divisions

Engineering Economy Division (EED)

students. Itwill then be taught in Spring 2024 to the remaining ~400 engineering juniors. Feedback will begathered after the pilot and again after the full-scale instruction in order to tweak any issues thatmay remain. In addition to the two goals set out by the faculty at large of having the seniors passthe Engineering Economics portion of their FE and having more cohesive project managementwithin their Capstone teams, it is also the goal of the instructors of the course to have studentsappreciate the lessons of both and see the value in understanding that finances and teamcohesivity are critical factors in the success of engineering projects in their future careers.

Conference Session

Engineering Economy Division (EED) Technical Session 1

Collection

2023 ASEE Annual Conference & Exposition

Authors

Robert P. Leland, Oral Roberts University

Tagged Topics

Diversity

Tagged Divisions

Engineering Economy Division (EED)

course exposes a large percentage ofengineering students to actual business activity, and does so in a way that engages them inmaking a positive impact, addressing ABET outcome 2: an ability to apply engineering design toproduce solutions that meet specified needs with consideration of public health, safety, andwelfare, as well as global, cultural, social, environmental, and economic factors [14]. Trainingin microfinance also prepares graduates to address NSPE Code of Ethics item III.2.a Engineersare encouraged to participate in civic affairs; career guidance for youths; and work for theadvancement of the safety, health, and well-being of their community [15]. In a broader sense,the perception of engineers as making the world a better place is