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A Supplemental Resource For Teaching Engineering Economy
Author(s) -
Joseph Hartman
Publication year - 2020
Language(s) - English
Resource type - Conference proceedings
DOI - 10.18260/1-2--11215
Subject(s) - context (archaeology) , session (web analytics) , resource (disambiguation) , capital investment , investment (military) , capital (architecture) , computer science , engineering education , process (computing) , product (mathematics) , engineering management , engineering , world wide web , business , finance , political science , mathematics , history , computer network , paleontology , archaeology , politics , law , biology , operating system , geometry
We report on the use of The Wall Street Journal as a supplemental source of information for teaching Engineering Economy at the undergraduate level. While the Journal is often associated with reporting information concerning financial markets, it also provides a plethora of information on engineering firms, or firms that engage in engineering activities, and their capital investment decisions. Articles that focus on these decisions (e.g. plant openings and closings, equipment replacement, and product design and development) can be used as examples to enhance classroom teaching. We illustrate ways in which articles can be used in the classroom and provide student feedback from implementation in the Spring of 2001. These include the use of an open-ended exam that was motivated by an article. Conclusions from use of the open-exam format are also

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