Conference Session

Engineering Economy Division Technical Session 1

Collection

2019 ASEE Annual Conference & Exposition

Authors

Priyadarshan A. Manohar, Robert Morris University; Fahad Saad Almutairi, King Fahd Security College

Tagged Divisions

Engineering Economy

College, SA Project Manager Master of Engi- neering Management, USA Bachelor of Mechanical Engineering, SA c American Society for Engineering Education, 2019Work In Progress: A Thesis Based Option for Enhancing Pedagogy in Engineering Economyat the Graduate LevelAbstractEngineering students typically learn the basics of engineering economics through an introductoryEngineering Economics course. Such courses do cover the basic financial modeling and analysistechniques, however they don’t provide an understanding of the complexity of economic analysisof real life situations. In particular, the financial analysis of public sector projects necessitatesfinancial modeling based on incomplete data and multiple selection

Conference Session

Engineering Economy Division Technical Session 1

Collection

2019 ASEE Annual Conference & Exposition

Authors

Joseph Wilck, College of William & Mary; Paul C. Lynch, Penn State Erie, The Behrend College

Tagged Divisions

Engineering Economy

provide details on an Engineering Economy course offered to apart-time (evening) MBA program at William & Mary. The students included engineers andnon-engineers. All students had taken multiple courses in accounting and finance prior to takingEngineering Economy. Thus, the focus of the course was on relevant applications of engineeringeconomy through journal paper reviews, public media, traditional homework assignments, andthe creation of a Social Security tool. The course was not focused primarily on typical timevalue of money concepts, since those concepts were well known from the finance courses.The course included a project, which was completed in pieces. The project was to build anindividual Social Security tool in Microsoft Excel. The

Conference Session

Engineering Economy Division Technical Session 1

Collection

2019 ASEE Annual Conference & Exposition

Authors

Ted Eschenbach P.E., TGE Consulting; Jerome P. Lavelle, North Carolina State University; Neal A. Lewis, Fairfield University

Tagged Divisions

Engineering Economy

M.S. in operations research in 1973 and his Ph.D. in IE in 1975 from Stanford University, and his MCE from UAA in 1999.Dr. Jerome P. Lavelle, North Carolina State University Jerome P. Lavelle is Associate Dean of Academic Affairs in the College of Engineering at North Carolina State University. His teaching and research interests are in the areas of engineering economic analysis, decision analysis, project management, leadership, engineering management and engineering education.Dr. Neal A. Lewis, Fairfield University NEAL A. LEWIS, CPEM, received his Ph.D. in engineering management in 2004 and B.S. in chemical engineering in 1974 from the University of Missouri–Rolla and his MBA in 2000 from the University of New

Conference Session

Engineering Economy Division Technical Session 1

Collection

2019 ASEE Annual Conference & Exposition

Authors

Raymond L. Smith III, East Carolina University; Henry D. Lester, University of South Alabama

Tagged Divisions

Engineering Economy

Univer- sity). He has developed and/or taught courses in systems engineering, systems modeling & simulation, integration, testing, & evaluation, production systems engineering, construction engineering, engineer- ing economics, engineering probability & statistics, project engineering, engineering optimization, risk & failure analysis, reliability engineering, and engineering research methods. His current research in- terest includes modeling, analysis, and optimization of complex operational systems and infrastructures susceptible to disruptions. c American Society for Engineering Education, 2019Instructor and Student Perceptions of the Authorized, Self- Prepared