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EG 470 Engineer Administration Economics
Lloyd, Glenn D.


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.
CourseEG 470 Engineer Administration Economics WO
SemesterU1OO2005
FacultyLloyd, Glenn D. P.E.
TitleAjunct Faculity
Degrees/CertificatesB.S. Civil Engineering  University of Connecticut  1970
M.S. Civil Engineering  Universityof Wyoming 1977
Register and Licensed Professional Engineer: 1976 to present
Office LocationGSRAD  Rolla MO
Office HoursN/A Call to set up times if need
Daytime Phone573-368-2178
Other Phone573-368-3516 (preferd number)
E-Mailglenn.lloyd@park.edu ( do not use)
glenn.lloyd@dnr.mo.gov (prefered one to use)
mlloyd@umr.edu
Semester Dates6 June 2005 to 29 July 2005
Class Days-M-----
Class Time5:00 - 10:00 PM
PerquisitesEC 142
Credit Hours3

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

Textbooks can be purchased though the MBS bookstore

Additional Resources:
Students must have a caculator, use graph paper for homework and bring text to all classes.


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.  Pre-requisite:  EC142.  3:0:3

Educational Philosophy:
"Give a man a fish, and he eats for one day;
Teach a man to fish, and he can feed himself for life"

My goal is to teach students the process of solving problems and this course provides the student with analytical tools to use in order to make good engineering economic recomendations/decisions.

Learning Outcomes:
A. Know the techniques of Present Worth Analysis, Annual Cost Analysis, Rate of Return and Benefit/Cost analysis.
B. Understand the time value of money.
C. Understand the principle techniques amd methods for capital investment decision making process.
D. Become familar of the role of engineers in the financial decsion making process.
E. Understand how to evaluate fincial alternatives and
F. Be familiar with accounting information systems.

Course Assessment:
A. Lecture
B. Discussion
C. Homework
D. Quizzes
F. Examinations

Grading:
Quizzes             30 %
Tests               35 %
Homework            30 %
Class Participation  5 %
TOTAL              100%

Late Submission of Course Materials:
Late work is accepted, but I do reduce the grade by approximatly 10% per week.
NO WORK IS ACCEPTED AFTER THE FINAL EXAM

Classroom Rules of Conduct:
As per FLW and Ed center directives.

Course Topic/Dates/Assignments:
see below

 Class ActivitiesAssignmentsTests and Quizzes
Meeting - 1
6 June
Chapters 1,2,3,4CH 2:,2,5,6,21
CH 3:3,4,5,7,9
CH 4:3,7,10,19,22
none
Meeting - 2
13 June
Chapters 5,6CH 5:12,14,33,27,31
     50
CH 6:2,9,10,13,14,37


5:12,14,33,27,31,
Quiz #1
CH 1,2,3,4
Meeting - 3
20 June
Chapters 7,8CH 7:7,14,15,17,20
CH 8:4,5,6,7,10
Quiz #2
CH 5,6
Meeting - 4
27 June (no class next week, 4th of July)
Chapters 9,11CH 9:7,8,9,14,33,34
CH 11:4(a,b,d),9,14
     5(a,c,d)
Quiz #3
CH 7,8
Meeting - 5
11 July
Chapters 12,13CH 12:2,5,7,11
CH 13:5,9,10
Quiz #4
CH 9,11
Meeting - 6
18 July
Chapters 14,17CH 14:7,9,10,11,19
CH 17:1,10,17
Quiz #5
CH 12,13
Meeting - 7
25 July
review for finalAll chaptersQuiz #6
CH 14,17
Meeting - 8
TBD make up for 4 July
Final Exam
Ch 1 thru 17
Test will be 4.5 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 2004-2005 Undergraduate Catalog
Page 101

Plagiarism:
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. <a href="http://www.park.edu/catalog">
Park University 2004-2005 Undergraduate Catalog</a> Page 101

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 "WH".
  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 2004-2005 Undergraduate Catalog Page 100

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. Park University is committed to meeting the needs of all learners that meet the criteria for special assistance. These guidelines are designed to supply directions to learners 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 American with Disabilities Act of 1990, regarding learners with disabilities and, to the extent 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:
http://www.park.edu/disability
 
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Copyright:
This material is copyright and can not be reused without author permission.