Conference Session

Engineering Economy Division (EED) Technical Session 1

Collection

2023 ASEE Annual Conference & Exposition

Authors

Robert P. Leland, Oral Roberts University

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Diversity

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Engineering Economy Division (EED)

in the School of Engineering since 2005. His research interests include control systems, MEMS, engineering education, stochastic processes, and additive manufacturing. ©American Society for Engineering Education, 2023 Microfinance in an Engineering Economics CourseMicrofinance involves the making of small loans to borrowers who otherwise would not haveaccess to credit, to help them build successful businesses. Many borrowers are women. In Fall2022, students in EGR 461 Engineering Management and Economy at Oral Roberts Universitywere introduced to microfinance through several background assignments, selecting andfinancing a loan through Kiva and writing a reflection paper.Microfinance was

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)

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Diversity

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Engineering Economy Division (EED)

and the new coursedue to multiple factors; format, credit hours and topics. Originally, 150 minutes of engineeringeconomics class time per week, plus an additional engineering economics lab, with now anadditional topic of project management needed to be fit into 100 minutes a week. Additionally,originally 4 engineering economics credit, plus 3 credits of Project Management course work nowneeded to be reflective of the new 2 credit course weight. This required re-thinking andreimagining the teaching environment just as Sheppard had said needed to happen.A group of prior Engineering Economics instructors and prior Project Management instructorsjoined together to form a committee to study and create the new 2 credit combined course

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

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Diversity

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Engineering Economy Division (EED)

includes two ethnic categories that started being published with the 2019 data: AmericanIndian or Alaska Native (AIAN) and Asian populations. The published data now tracksinformation for five ethnic groups, each broken out for male, female, and total. We recognizethat a significant part of the U.S. population are people of mixed ethnicity, as does NVSS. Theofficial statement from the Office of Management and Budget is, “The category which mostclosely reflects the individual's recognition in his community should be used for purposes ofreporting on persons who are of mixed racial and/or ethnic origins” [4]. Individuals need to usetheir own judgement in choosing the appropriate demographic group, or to interpolate the databetween groups as might be