Conference Session

Engineering Economy Course Strategy Panel Session

Collection

2021 ASEE Virtual Annual Conference Content Access

Authors

Michael B. O'Connor P.E., New York University

Tagged Divisions

Engineering Economy

Paper ID #34639Course Strategy: Low Stakes Assessment Approach to Engineering Economyinstruction using Revised Bloom TaxonomyMr. Michael B. O’Connor P.E., New York University Michael O’Connor, Retired Professional Civil Engineer (Maryland and California), M.ASCE, is a mem- ber of the ASCE Committee on Developing Leaders, History and Heritage, Civil Engineering Body of Knowledge (CEBoK), and Engineering Grades. Michael has been a practicing Civil Engineer with over 50 years of engineering, construction, and project management experience split equally between the pub- lic and private sectors. Programs ranged from the San

Conference Session

Engineering Economy Course Strategy Panel Session

Collection

2021 ASEE Virtual Annual Conference Content Access

Authors

Karen M. Bursic, University of Pittsburgh

Tagged Divisions

Engineering Economy

are brieflydiscussed for the benefit of the CE students. The textbook used also has FE style practicequestions for students to review if desired.This is not to say that teaching the theory behind concepts such as equivalency or return oninvestment is not essential or done in the course. Engineers must be taught to go beyond the“calculations” and they must be able to draw conclusions that help business owners make goodeconomic decisions. This requires that they can answer such questions as, “What does that IRRmean to my business?” We place a strong emphasis on drawing conclusions and making adecision…not just providing a number for NPV or IRR or a B/C ratio. This is what engineersdo…solve problems and make decisions… so a solid understanding

Conference Session

Engineering Economy Division Technical Session

Collection

2021 ASEE Virtual Annual Conference Content Access

Authors

Neal A Lewis, University of Nebraska, Lincoln; Ted Eschenbach, University of Alaska Anchorage

Tagged Divisions

Engineering Economy

Paper ID #32594Including Risk in a Case Study of When to Start Social Security BenefitsDr. Neal Lewis, University of Nebraska, Lincoln 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 Haven. He has over 25 years of industrial experience at Procter and Gamble, and Bayer. He is a full time faculty member of the online Master of Engineering Management program at the University of Nebraska - Lincoln. Previously, he taught at UMR, Marshall University, University of Bridgeport

Conference Session

Engineering Economy Course Strategy Panel Session

Collection

2021 ASEE Virtual Annual Conference Content Access

Authors

James Burns, Western Michigan University; Bob White P.E., Western Michigan University

Tagged Divisions

Engineering Economy

Paper ID #34184Course Strategy: Coupling Industry-centered Analyses and EngineeringDesign Principles to Develop Skills Relevant to Students’ CareersDr. James Burns, Western Michigan University Jim Burns, Ph.D. Assistant Professor Industrial and Entrepreneurial Engineering and Engineering Man- agement Department Bio: Jim Burns holds a Ph.D. in Industrial Engineering from Western Michigan University, and has more than 10 years industry experience in the manufacturing sector in a variety of roles including process engineering, operations management, and technical sales. His area of expertise centers on applying OR/MS and

Conference Session

Engineering Economy Division Technical Session

Collection

2021 ASEE Virtual Annual Conference Content Access

Authors

Kellie Grasman, Missouri University of Science and Technology

Tagged Divisions

Engineering Economy

to http://voicethread.com/b. Click “Sign in or Register” in the top-right corner.c. Enter your SCHOOL email address and the password 123456.d. Click the “Sign-in” button.2. Once you have successfully signed in, click on your email address on the top right. ChooseMy Account and change your password if you wish.3. Next, choose My Identities and add a photo to your identity.4. Click to expand the menu (click the three horizontal lines forming a rectangle) and view theTutorials. You will want to be comfortable with "Create", "Comment" and "Share".5. Feel free to click around in the Browse area to see how others are using VoiceThread, watchmore Tutorials, and Create one of your own. (Your VoiceThreads remain private to you unlessyou share with

Conference Session

Engineering Economy Course Strategy Panel Session

Collection

2021 ASEE Virtual Annual Conference Content Access

Authors

Kellie Grasman, Missouri University of Science and Technology

Tagged Divisions

Engineering Economy

Paper ID #32321Course Strategy: Executing High-Enrollment Engineering Economics OnlineKellie Grasman, Missouri University of Science and Technology Kellie Grasman serves as an instructor in Engineering Management and Systems Engineering at Missouri University of Science and Technology. She holds graduate degrees in engineering and business admin- istration from the University of Michigan, and began teaching in 2001 after spending several years in industry positions. She was named the 2011-2012 Robert B. Koplar Professor of Engineering Manage- ment for her achievements in online learning. She serves as an eMentor for the

Conference Session

Engineering Economy Division Technical Session

Collection

2021 ASEE Virtual Annual Conference Content Access

Authors

James Burns, Western Michigan University; Bob White P.E., Western Michigan University

Tagged Divisions

Engineering Economy

Paper ID #34185Curriculum Element: Using the Wall Street Journal to Provide Nationaland Global Perspectives in an Engineering Economy CourseDr. James Burns, Western Michigan University Jim Burns, Ph.D. Assistant Professor Industrial and Entrepreneurial Engineering and Engineering Man- agement Department Bio: Jim Burns holds a Ph.D. in Industrial Engineering from Western Michigan University, and has more than 10 years industry experience in the manufacturing sector in a variety of roles including process engineering, operations management, and technical sales. His area of expertise centers on applying OR/MS and Simulation