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Engineering Economics & Cost Analysis

A Course Material onEngineering Economics & cost , OFMECHANICAL ENGINEERINGSASURIE COLLEGE OF ENGINEERINGVIJAYAMANGALAM 638056 QUALITY CERTIFICATEThis is to certify that the e-coursematerialSubject Code:MG 2451 Subject: Engineering Economics & cost AnalysisClass:IV YearMechBeingprepared by me and it meets the knowledge requirement of the university of the AuthorName:R. SIBY., :ASSISTANT PROFESSORThis is to certify that the coursematerial being prepared by , of adequate quality. Hehasreferred more than five booksamongthem minimum one is of SIVAKUMAR.

MG2451 ENGINEERING ECONOMICS AND COST ANALYSIS L T P C 3 0 0 3 OBJECTIVES: To learn about the basics of economics and cost analysis related to engineering so as to take economically sound decisions. UNIT I INTRODUCTION TO ECONOMICS 8 Introduction to Economics-Flow in an economy, Law of supply and demand, Concept of Engineering

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