Courses
- Engineering Economics for Mechanical Engineering (30134) תקציר הקורס:
- Introduction to Economics (40007) תקציר הקורס:
- Accounting & Costing (40106) תקציר הקורס:
- Engineering Economy (40129) תקציר הקורס:
- Capital Market - Data-Based Technological Applications (40248) תקציר הקורס:
Abstract:
In the course students will be exposed to the language of engineering economics and will learn concepts such as interest, inflation, the consumer price index, and more.
After that, the students will learn metrics for evaluating the viability of projects such as net present value, internal rate of return, investment payback period and more, while focusing on the context of the engineer's environment.
Finally, the students will learn the use of alternative analyzes and feasibility studies in areas such as equipment procurement transactions.Abstract:
Determination and description of production possibility frontier. The impact of economic growth and technological improvements on the production possibility frontier. The impact of international trade on consumption options and comparison to self-production possibilities.Principles for allocation of means of production in order to produce maximum output. The way that the prices of means of production are determined, such as the way that the wage of workers is determined. Principles for achieving maximum profit. Determination of market prices and quantities of products in conditions of competition. Impact of international trade on the markets. Impact of government intervention in the markets through taxes, tariffs and subsidies.Abstract:
Financial accounting theory as applied to corporate form of business involving service and merchandising activities includes
analysis and recording of business transactions and preparation of financial statements. This course is designed to provide learners with the elementary foundations of basic accounting theory ,the principles and procedures of accountancy in the preparation,
analysis, interpretation, communication and reporting of
general-purpose financial statements. Costing: cost concepts,
material, labor and overhead costs, overhead allocations and absorption, introduction to job costing,
process costing, marginal costing, and standard costing,
relevant costs for decision making, cost control and cost reduction.Abstract:
This course aims to provide students with a systematic coverage
of the concepts and techniques for economic evaluation of industrial projects.
The key concepts and topics to be covered include time value of money, present value and annual equivalent cost, rate of return, economic equivalence, investment, comparison of investment alternatives, income taxes, effects of inflation, costs of capital and replacement analysis, cost concepts, material, labor and overhead costs, overhead allocations and absorption, introduction to job costing, process costing, marginal costing, and standard costing, relevant costs for decision making, cost control and cost reduction.