49003 Economic Evaluation
UTS: Engineering: Systems, Management and LeadershipCredit points: 6 cp
Subject level: Postgraduate
Result Type: Grade and marksThere are also course requisites for this subject. See access conditions.
Subject coordinator
Associate Professor D Sharma
Handbook description
This subject deals with the application of economic concepts to engineering decision making. Main topics include: macroeconomic issues and policies; microeconomic market theory; theory of the firm; project evaluation and cost-benefit analysis; intangibles and risk.
Required text(s)
Baumol, W J and Blinder, A S, Economics: Principles and Policy, Thomson, Australia, 2003 Department of Finance Handbook of Cost–Benefit Analysis, Australian Government Publishing Service, Canberra, 1991 Mankiew, N G, Principles of Economics, The Dryden Press, Sydney, 1997 McDonald, I M, Macroeconomics, John Wiley and Sons, Brisbane, 1992 Samuelson, P A, et al, Economics, Vol 1 and 2, McGraw Hill, Sydney, 1992