University of Technology, Sydney

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49003 Economic Evaluation

UTS: Engineering: Systems, Management and Leadership
Credit points: 6 cp

Subject level: Postgraduate

Result Type: Grade and marks

There 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