Conference Session

Engineering Economy Division Technical Session 1

Collection

2018 ASEE Annual Conference & Exposition

Authors

Ona Egbue, University of South Carolina, Upstate

Tagged Divisions

Engineering Economy

time to engage students in problem solving, discussions and intensiveteamwork. The engineering economics course was selected for active learning implementationbecause it is a course that students are required to take for their Mechanical Engineering andIndustrial Engineering degrees at University X. Engineering economics is a course that is criticalto industry-bound students due to its real-world applications. In addition, it is a course that isintegral to engineering senior capstone projects at University X. Changes in this course focusedon collaborative learning to help promote critical thinking and to encourage more activeinteraction among groups of students and across different student groups. The results of thisstudy provide insight into

Conference Session

Engineering Economy Division Technical Session 1

Collection

2018 ASEE Annual Conference & Exposition

Authors

Erick Jones, University of Texas, Arlington; Billy Gray, Tarleton State University

Tagged Divisions

Engineering Economy

].Unfortunately, the epidemic is expanding into the Engineering fields where debt has beentraditionally minimized by such pursuits as internships, co-ops, and research projects that weresupported by scholarships, fellowship funds, and teaching assistantships. Engineering studentsexpect to make higher incomes than many other majors. That increase in expected earning powermay cause students to take out higher loans than they otherwise would have. MK Consulting [1]defines a 10% rule, that the amount of income that is typically needed for paying off this debtwithin 10 years has been around 10% of the borrowers’ income. Anything above this 10% isdefined as excessive debt [1]. Assuming an average debt of $50,000 at an interest rate of 4% for10 years, these

Conference Session

Engineering Economy Division Technical Session 1

Collection

2018 ASEE Annual Conference & Exposition

Authors

Aimee T. Ulstad, Ohio State University; Mehdi Mashayekhi, Ohio State University; Hannah Meckstroth, Ohio State University

Tagged Divisions

Engineering Economy

to Anheuser-Busch where she worked for over 27 years. She worked as project manager, engineering manager, utility manager, maintenance manager, and finally as the Resident Engineer managing all technical areas of the facility. During her tenure, the brewery saw dramatic increases in productivity improvement, increased use of automation systems, and significant cost reductions in all areas including utilities where they received the internal award for having the best utility usage reduction for 2014. Since joining Ohio State, Aimee has joined the American Society of Engineering Educators and serves as the Division Chair of the Engineering Economics division.Mehdi Mashayekhi, Ohio State UniversityHannah Meckstroth, Ohio

Conference Session

Engineering Economy Division Technical Session 1

Collection

2018 ASEE Annual Conference & Exposition

Authors

James Burns, Purdue University, West Lafayette; Bob E. White P.E., Western Michigan University; Azim Houshyar, Western Michigan University

Tagged Topics

Diversity

Tagged Divisions

Engineering Economy

incentivized the development of modules, lessons, or class projects that have a clearhumanities-based learning objective and have the potential to reach many students. The moduledescribed here was funded for development through an internal grant, and this paper presents asummary of the module’s content, the rationale for its approach, reflections on some of the keyassumptions of the rationale, and recommendations for others wanting to implement a similarly-styled ethics assignment.Most Engineering Economy instructors would probably agree that these courses are well-suitedfor reaching large numbers of students due to their cross-disciplinary nature and are also well-suited to discussing professional ethics because of their connection to the world of