ENGINEERING PRO GUIDES

ONLINE MECHANICAL FE EXAM COURSE - Engineering Economics

Engineering Economics

Engineering Economics accounts for 4-6 questions in the exam. Perform the following steps as you review this topic.



STEP 1: Gather & Read Your Resources

  • Engineering Pro Guides Mechanical FE Textbook - Engineering Economics Chapter

  • NCEES® FE Reference Handbook - Engineering Economics Chapter


  • Review Subtopics: (A) Time Value of Money • (B) Cost Types & Breakdowns • (C) Economic Analyses

Ask Questions on Piazza

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STEP 2: Watch Lecture Videos & Complete Practice Problems

  • Watch lecture videos for each subtopic: A thru C.

  • Download and complete lecture problems after reviewing each subtopic.

    Download Not Available in Trial

  • Watch videos for step by step solutions.

Lecture Videos & Problems
(N/A: Not Available in Trial)

  • Engineering Economics Introduction
    (2 minutes)

    Video 1: N/A

  • (A) Time Value of Money - Lecture
    (16 minutes)

    Video 2: N/A

  • (A) Time Value of Money - Problem 1
    (5 minutes)

    Video 3

  • (A) Time Value of Money - Problem 2
    (4 minutes)

    Video 4: N/A

  • (A) Time Value of Money - Problem 3
    (6 minutes)

    Video 5: N/A

  • (B) Cost Types & Breakdowns - Lecture
    (9 minutes)

    Video 6

  • (B) Cost Types & Breakdowns - Problem 1
    Sunk & Variable Costs (5 minutes)

    Video 7: N/A

  • (B) Cost Types & Breakdowns - Problem 2
    Incremental Costs (5 minutes)

    Video 8: N/A

  • (B) Cost Types & Breakdowns - Problem 3
    Average Costs (2 minutes)

    Video 9: N/A

  • (C) Economic Analyses - Lecture
    (21 minutes)

    Video 10: N/A

  • (C) Economic Analyses - Problem 1
    Life Cycle Costs (2 minutes)

    Video 11

  • (C) Economic Analyses - Problem 2
    Simple Payback (2 minutes)

    Video 12: N/A

  • (C) Economic Analyses - Problem 3
    Capitalized Costs (2 minutes)

    Video 13: N/A

  • (C) Economic Analyses - Problem 4
    Straight Line Depreciation (4 minutes)

    Video 14: N/A

  • (C) Economic Analyses - Problem 5
    MACRS Depreciation (5 minutes)

    Video 15: N/A


STEP 3: Complete Textbook Problems

  • Practice problems are located at the end of each section of the textbook.

  • These are exam level difficulty problems.

  • Solutions are included in the book after the problems.


STEP 4: REVIEW

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