Course Title : Engineering and Economy(in English)

Code 22210
Course Year
Term 2nd term
Class day & Period
Credits 2
Lecture Form(s)
Language English

Course Description

The purpose of this course is to teach economy from an engineer viewpoint. The course especially contains such economic topics which engineer can use to solve practical engineering economy problems. The course is consisted of lectures and additional exercises, of which the student should complete five (5) written short reports and five (5) 60 minutes laboratory session attendances. The laboratory sessions are held weekly after the lecture, and consist of interactive group work tasks. Laboratory sessions are held weekly from 18 to 19 o’clock.// The course is aimed for both Japanese and Foreign nationals.// The course starts on October 2nd.


Test, reports, laboratory performance.

Course Goals

This course will provide tasks for engineering students to be able to understand relationships between engineering and engineering economy. Students will learn solving economic problems related to engineering project at various levels. The course also prepares the students to write engineering related economic topics in English as well as verbally express themselves of these subjects.

Course Topics

Theme Class number of times Description
Student orientation, Introduction to engineering economy 1
Cost concept 2
Design economics 3
Cost estimation techniques I 4
Cost estimation techniques II 5
The time value of money I 6
The time value of money II 7
The time value of money III 8
Evaluation of a single project I 9
Evaluation of a single project II 10
Comparison and selection among alternatives I 11
Comparison and selection among alternatives II 12
Income taxes and depreciation 13
Final test 14


Sullivan, Wicks, Koelling; Engineering Economy, 15th Ed. 2012 , Chapters 1-7.



   -Interactive lessons (discussion), Small group working method
   -This course is held in English.

Web Sites


Additional Information

If you have any questions or need further information, feel free to contact at