EG470 Engineer Admn Economics

for U1OO 2007

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Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.


EG 470 Engineer Administration Economics


U1OO 2007 WO


Lloyd, Glenn D.


Adjunct Faculty


BS Civil Engineering University of Connecticut 1970
MS Civil Engineering University of Wyoming 1977
ABD Engineering Management University Of Missouri Rolla 1996

Office Location

MO DNR Dam Safety Program Rolla Missouri

Office Hours


Daytime Phone

573-368-2178  ( office use only in emergencies please)

Other Phone

573-368-3516 ( home leave message on machine with call back number)


Semester Dates

June 4 to July 27, 2007

Class Days


Class Time

5:00 - 10:20 PM


EC 142 or permission of instructor.

Credit Hours


Newman, Eschenbach and Lavelle (2004) Engineering Economic Analysis (9th ed)  Oxford University press ublishers ISBN:0-19-516807-0

Textbooks can be purchased through the MBS bookstore

Additional Resources:
Must have calculator and graph paper.

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
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Course Description:
Techniques for capital investment decision making, time-value of money, the evaluation of investment alternatives, depreciation cost, materials and  equipment accounting information systems.  Prerequisite:  EC142.  3:0:3

Educational Philosophy:
Give a person a fish and they eat for just one day, teach a man to fish and he can feed himself forever !

  Instructor Learning Outcomes

  1. Know and demonstrate the techniques of Present Worth Analysis, Annual Cost Anaylis, Rate Of Return Analysis and Benefit Cost Ratio Ananlysi
  2. Understand and be able to compute the time value of money.
  3. Understand the principle techniques and methods of capital investment decision making.
  4. Define and explain the role of the engineer in the financial decison making process.
  5. Caculate depreciation, bond values, equipment economic life and inflation effects on price.
Class Assessment:
Lecture Discussions Homnework Quizes Examination

Quizes               30% Test                 40% Homework             25% Class participation   5% Total               100%

All final exams will be comprehensive and will be closed book and closed notes.  If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth.  Electronic Computers will not be allowed on final exams unless an exception is made by the Associate Dean.

Late Submission of Course Materials:
Homework will be accepted late, but points will be deducted unless pryor arrangements are made. Quizzes must be turned in on time or they will be counted as zeros.

Classroom Rules of Conduct:
Standard Park and Fort Leonard Wood rules. Cell phones must be set on vibrate or turned off.


Class Activities,,

Problems are due one week after assignment (ex Chapter 1,2,3,4 are due 12 June)

Tests Quizzes,

Meeting - 1
4 June

Read Chapters 1,2,3,4 before class

CH3: 3,5,7,9,18
CH4: 3,7,10,19,22


Meeting - 2
11 June

Read Chapters 5, 6 before class

CH5: 12,14,27,31,33.50,60
CH6: 2,9,10,13,14,

Quiz #1

Meeting - 3
18 June

Read Chapters 7, 8 before class

CH7: 7,14,15,17,20
CH8: 3,5,6,7,14,33

Quiz #2

Meeting - 4
(NO Class on 3 July)

Read Chapters 9, 11  before class

CH9: 7,8,9,14,33,34
CH11: 4(A,B,D),5(A,C,D),6,9

Quiz #3

Meeting - 5
2 July

Read Chapters 12, 13  before class

ch12: 2,5,7,11,15,
ch13: 5,9,10

Quiz #4

Meeting - 6
9 July

Read Chapters 14, 17 before class

ch14: handout
ch17: 1,10,11

Quiz #5

Meeting - 7
16 July



Quiz #6

Meeting - 8
23 July

Final Exam all previous assignments

Test is 4.0 hours long


Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life.   Park University 2006-2007 Undergraduate Catalog Page 87-89

Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2006-2007 Undergraduate Catalog Page 87

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "W".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2006-2007 Undergraduate Catalog Page 89-90
7. Experience has shown that if you miss two classes, your ability to pass the coursse is severly hampered due to the fast pace and large amount of material covered.

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: .
Please let me know if problems in a proactive manner. Hearing of problems after a poor grade is assigned to a class activty is not being proactive.


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Last Updated:6/4/2007 8:11:12 AM