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Personal Finance Coverage in Engineering Economy Courses

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2017 ASEE Annual Conference & Exposition


Columbus, Ohio

Publication Date

June 24, 2017

Start Date

June 24, 2017

End Date

June 28, 2017

Conference Session

Engineering Economy Division Technical Session 3

Tagged Division

Engineering Economy

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Paper Authors


Ted Eschenbach TGE Consulting

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Dr. Ted Eschenbach, P.E. is the principal of TGE Consulting, an emeritus professor of engineering management at the University of Alaska Anchorage, and the founding editor emeritus of the Engineering Management Journal. He is the author or coauthor of over 250 publications and presentations, including 20 books. With his coauthors he has won best paper awards at ASEE, ASEM, ASCE, & IIE conferences, and the 2009 Grant award for the best article in The Engineering Economist. He earned his B.S. from Purdue in 1971, his doctorate in industrial engineering from Stanford University in 1975, and his masters in civil engineering from UAA in 1999.

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Jerome P. Lavelle North Carolina State University

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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.

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Neal A Lewis University of New Haven

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Neal Lewis received his Ph.D. in engineering management in 2004 and B.S. in chemical engineering in 1974 from the University of Missouri – Rolla (now the Missouri University of Science and Technology), and his MBA in 2000 from the University of New Haven. He has over 25 years of industrial experience, having worked at Procter & Gamble and Bayer. He has taught at UMR, UNH, Marshall University, and the University of Bridgeport. Neal is a member of ASEE, ASEM, and IISE.

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This paper addresses several questions about using personal finance topics in teaching engineering economics. Should personal finance materials be intentionally designed into an engineering economy course? What topics have been and are included in texts? What could be included? What do students think about including these topics—with new survey results? What do we believe should be included and why.

Eschenbach, T., & Lavelle, J. P., & Lewis, N. A. (2017, June), Personal Finance Coverage in Engineering Economy Courses Paper presented at 2017 ASEE Annual Conference & Exposition, Columbus, Ohio. 10.18260/1-2--28739

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