Engineering (engin) 120 Principles of Engineering Economics (3 units) ====== Credit option: Students will receive no credit for 120 after taking Civil Engineering 167. Course format: Two hours of lecture and one hour of discussion per week. Prerequisites: Completion of 60 units of an approved engineering curriculum. Economic analysis for engineering decision making: Capital flows, effect of time and interest rate. Different methods of evaluation of alternatives. Minimum-cost life and replacement analysis. Depreciation and taxes. Uncertainty; preference under risk; decision analysis. Capital sources and their effects. Economic studies. Sponsoring Department: Industrial Engineering and Operations Research.