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Economic Analysis for Engineers (ENGM90011)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Alan Smith
ajrs@unimelb.edu.au
Overview
Availability | Semester 1 |
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Fees | Look up fees |
This subject seeks to -
- Build a thorough understanding of the theoretical and conceptual basis upon which the practice of financial project analysis is built and its application to engineering
- Satisfy the practical needs of the engineering manager toward making informed financial decisions when involved in an engineering project
- Incorporate critical decision-making tools that engineering managers can bring to the task of making informed financial decisions.
Intended learning outcomes
INTENDED LEARNING OUTCOMES (ILOs)
On completion of this subject, students are expected to be able to -
- Describe the behaviour of markets
- Calculate and interpret elasticities
- Estimate the cost of production and services
- Optimally allocate scarce capital resources to projects
- Estimate the financial health of organisations
- Produce financial budgets.
Last updated: 3 November 2022
Eligibility and requirements
Prerequisites
Admission into one of the following courses -
MC-ENG Master of Engineering (Chemical with Business)
MC-ENG Master of Engineering (Civil with Business)
MC-ENG Master of Engineering (Mechanical with Business)
MC-ENG Master of Engineering (Electrical with Business)
MC-ENG Master of Engineering (Software with Business)
MC-ENG Master of Engineering (Mechanical)
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 3 November 2022
Assessment
Additional details
- Five 700 word assignments due every two weeks of semester (50%). Addresses Intended Learning Outcomes (ILOs) 1 to 6 (each assignment will have a focus on one of the ILOs). Requires approximately 60 hours of work in total
- One two hour end of semester examination (50%). Addresses ILOs 1 to 6. Held in the end-of-semester examination period
Hurdle requirement: Students must pass the exam in order to pass the subject.
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Alan Smith Mode of delivery On Campus (Parkville) Contact hours 54 Total time commitment 200 hours Teaching period 27 February 2017 to 28 May 2017 Last self-enrol date 10 March 2017 Census date 31 March 2017 Last date to withdraw without fail 5 May 2017 Assessment period ends 23 June 2017 Semester 1 contact information
Alan Smith
ajrs@unimelb.edu.au
Time commitment details
200 hours
Last updated: 3 November 2022
Further information
- Texts
Prescribed texts
There are no specifically prescribed or recommended texts for this subject.
- Related Handbook entries
This subject contributes to the following:
Type Name Specialisation (formal) Civil with Business Specialisation (formal) Biomedical with Business Specialisation (formal) Software with Business Informal specialisation Master of Engineering (Mechanical) Specialisation (formal) Electrical with Business Informal specialisation Master of Engineering (Mechanical with Business) Informal specialisation Master of Engineering (Biomedical with Business) Informal specialisation Master of Engineering (Chemical with Business) Informal specialisation Master of Engineering (Electrical with Business) Informal specialisation Master of Engineering (Civil with Business) Informal specialisation Master of Engineering (Software with Business) Specialisation (formal) Mechanical Specialisation (formal) Mechanical with Business Specialisation (formal) Chemical with Business - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
Last updated: 3 November 2022