Handbook home
Economic Analysis for Engineers (ENGM90011)
Graduate courseworkPoints: 12.5On Campus (Parkville)
For information about the University’s phased return to campus and in-person activity in Winter and Semester 2, please refer to the on-campus subjects page.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Please refer to the LMS for up-to-date subject information, including assessment and participation requirements, for subjects being offered in 2020.
Overview
Availability | Semester 1 |
---|---|
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)
MC-ENG Master of Engineering (Materials)
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
Due to the impact of COVID-19, assessment may differ from that published in the Handbook. Students are reminded to check the subject assessment requirements published in the subject outline on the LMS
Description | Timing | Percentage |
---|---|---|
Five 700 word assignments due every two weeks of semester. Addresses Intended Learning Outcomes (ILOs) 1 to 6 (each assignment will have a focus on one of the ILOs).
| Throughout the teaching period | 50% |
One end of semester examination. Addresses ILOs 1 to 6.
| During the examination period | 50% |
Last updated: 3 November 2022
Dates & times
- Semester 1
Principal coordinator Denny Oetomo Coordinator James Bugden Mode of delivery On Campus (Parkville) Contact hours 54 Total time commitment 200 hours Teaching period 2 March 2020 to 7 June 2020 Last self-enrol date 13 March 2020 Census date 30 April 2020 Last date to withdraw without fail 5 June 2020 Assessment period ends 3 July 2020 Semester 1 contact information
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) Chemical with Business Specialisation (formal) Civil with Business Specialisation (formal) Software with Business Specialisation (formal) Biomedical with Business Specialisation (formal) Mechanical with Business Specialisation (formal) Electrical with Business Specialisation (formal) Mechanical - 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.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 3 November 2022