Conference Session

Effective Tools for Teaching Engineering Economy

Collection

2007 Annual Conference & Exposition

Authors

Kailash Bafna, Western Michigan University; Betsy Aller, Western Michigan University

Tagged Divisions

Engineering Economy

AC 2007-2641: ENHANCING THE LEARNING OF ENGINEERING ECONOMYWITH INNOVATIVE TECHNOLOGY AND TEACHINGKailash Bafna, Western Michigan University KAILASH M. BAFNA is Professor of Industrial and Manufacturing Engineering at Western Michigan University. He is a Fellow of the Institute of Industrial Engineers and a registered Professional Engineer. He teaches Engineering Economics, Facilities Design and Materials Handling, and Quality Control. His current research interests are in the areas of incorporating technology in education and developing methodology to enhance web-based learning.Betsy Aller, Western Michigan University Betsy M. Aller is Assistant Professor of Industrial and Manufacturing

Conference Session

The Evolution of Engineering Economy

Collection

2007 Annual Conference & Exposition

Authors

Gerald Thuesen, Georgia Institute of Technology

Tagged Divisions

Engineering Economy

AC 2007-308: HISTORY OF THE DEVELOPMENT OF ENGINEERINGECONOMIC REPRESENTATION WITHIN ASEEGerald Thuesen, Georgia Institute of Technology GERALD J. THUESEN Professor Emeritus, Industrial and Systems Engineering Georgia Institute of Technology DR. GERALD J. THUESEN is Professor Emeritus, in the School of Industrial and Systems Engineering at the Georgia Institute of Technology. He received his B.S., M.S. and Ph.D. in Industrial Engineering from Stanford University. His research interests include engineering economic analysis, capital budgeting and statistical decision theory. He has co-authored two college texts, Engineering Economy and Economic Decision Analysis. He served from

Conference Session

The Evolution of Engineering Economy

Collection

2007 Annual Conference & Exposition

Authors

Joseph Hartman, Lehigh University; David Enke, University of Missouri

Tagged Divisions

Engineering Economy

AC 2007-1777: FINANCIAL ENGINEERING: THE SAVIOR OR END OFENGINEERING ECONOMY?Joseph Hartman, Lehigh University Joseph C. Hartman is an Associate Professor in the Department of Industrial and Systems Engineering at Lehigh University, holds the George Kledaras Endowed Chair, and serves as Department Chair. He received his Ph.D. (1996) and M.S. (1994) in Industrial Engineering from the Georgia Institute of Technology and B.S. in General Engineering from the University of Illinois at Urbana-Champaign (1992). His research interests are in economic decisions analysis and dynamic programming. His undergraduate textbook, "Engineering Economy and the Decision-Making Process," was released in the

Conference Session

Effective Tools for Teaching Engineering Economy

Collection

2007 Annual Conference & Exposition

Authors

Phil Rosenkrantz, California State Polytechnic University-Pomona

Tagged Divisions

Engineering Economy

Engineering Economy4. Analysis of Instructional and Outcomes Assessment Data5. Analysis of Learning Tools Usage Data6. SummaryA major objective of this paper was to show other instructors that engineering economy can besuccessfully taught as a hybrid course. Along with that was the desire to provide useful detailthat would aid in course development.Part 1 - IntroductionThe author has been using web-related technologies to assist with teaching since 1997. From1997 through Spring 2002 the primary on-line technologies used were internet search engines,course web pages, and email. In Fall 2002 and Winter 2003, WebCT was also incorporated atvarying levels of usage for teaching engineering economy (EGR 403 Asset Allocation inTechnical Decision

Conference Session

Effective Tools for Teaching Engineering Economy

Collection

2007 Annual Conference & Exposition

Authors

Sarah Ryan, Iowa State University; John Jackman, Iowa State University; Rahul Marathe, Iowa State University; Pavlo Antonenko, Iowa State University; Piyamart Kumsaikaew, Iowa State University; Dale Niederhauser, Iowa State University; Craig Ogilvie, Iowa State University

Tagged Divisions

Engineering Economy

engineering problem solving process, computer simulation, web-based immersive learning environments, and data acquisition and control.Rahul Marathe, Iowa State University Rahul Marathe is a post-doc with the department of Industrial & Manufacturing Systems Engineering at Iowa State University with research interests in the theory and applications of stochastic processes. He is an instructor for the engineering economic analysis course involved in implementing the project.Pavlo Antonenko, Iowa State University Pavlo Antonenko is a doctoral candidate in Curriculum and Instructional Technology, and in Human-Computer Interaction at Iowa State University. In this project he is responsible for

Conference Session

Engineering Economy: Beyond the Classroom

Collection

2007 Annual Conference & Exposition

Authors

Jeannette Russ, Union University; Doanh Van, Union University

Tagged Divisions

Engineering Economy

hopeful that the method can be adapted tolarger courses and other universities. We are seeing growth in our program and anticipate testingthe method on larger classes in the near future.Bibliography1. Quoted from http://www.abet.org/history.shtml, accessed 1/16/07.2. Hartman, Joseph C., and M.J. Ruso. “Using ‘Real World’ Problems in Engineering Economy.” Proceedings of the 2005 American Society for Engineering Education Annual Conference & Exposition, Session 2639, 2005.3. McDowell, Liz. “Electronic information resources in undergraduate education: an exploratory study of opportunities for student learning and independence.” British Journal of Educational Technology 33 (3), pp. 255–266, 2002.4. Metzger, Miriam J., A.J

Conference Session

Engineering Economy: Beyond the Classroom

Collection

2007 Annual Conference & Exposition

Authors

Donald Remer, Harvey Mudd College; Karen Ahle, Raytheon; Kevin Alley, Southwest Research Institute; John Silny, Raytheon; Karen Hsin, Accenture; Elijah Kwitman, Harvey Mudd College; Allison Hutchings, Harvey Mudd College

Tagged Divisions

Engineering Economy

May 2005 with a B.S. in engineering and a B.A. in economics respectively. He is working at Raytheon Corporation, a defense contractor in El Segundo, California. His interests are in business and project management.Karen Hsin, Accenture Karen Hsin graduated from Harvey Mudd College in Claremont, California in May 2006 with a B.S. in engineering. Upon graduation, she joined Accenture, a global management consulting, technology services, and outsourcing company in El Segundo, California. Her interests are in business and project management.Elijah Kwitman, Harvey Mudd College Elijah Kwitman graduated from Harvey Mudd College in Claremont, California in May 2007 with a B.S. in engineering