49003 Economic Evaluation
Warning: The information on this page is indicative. The subject outline for a particular semester, location and mode of offering is the authoritative source of all information about the subject for that offering. Required texts, recommended texts and references in particular are likely to change. Students will be provided with a subject outline once they enrol in the subject.
UTS: Engineering: Systems, Management and LeadershipCredit points: 6 cp
Subject level: Postgraduate
Result type: Grade and marksThere are course requisites for this subject. See access conditions.
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 texts
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
Other resources
