COURSE OBJECTIVE 1: At the end of the course, the students will develop an understanding of time value of money and economic equivalence.

COURSE OBJECTIVE 2: At the end of the course, the students will understand the relation between index numbers and inhation and the effect of inhation on economic analysis

COURSE OBJECTIVE 3: At the end of the course, the students will learn the techniques for evaluating the worth of prospective projects, investment opportunities and design choices.