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  Lecturer : ASSOC. PROF. DR. MUHAMAD ZAMERI BIN MAT SAMAN ASSOC. PROF. DR. MASINE BTE MD TAP WAN HARUN BIN WAN HAMID Semester : Semester x 201x/xx
  Synopsis: This course is designed to equip students to acquired engineering economy and accounting concepts, principles and methods. The focus of this course is to provide understanding on engineering economic principles and methods and to apply it in engineering field. The course has two parts. Part 1 is designed to teach students to formulate cash-flow, perform analysis on engineering economic problems and evaluate between alternative of engineering investment/projects to make decision. Part 2 is designed to teach students to perform cost estimates using traditional and current costing techniques in production process, prepare simple financial statement and interpret financial performance of business firms for decision and control. Learning Outcomes: At the end of the course, students should be able to: 1. Apply suitable engineering economy techniques in decision making involving engineering problems. 2. Analyse decision alternatives in engineering project/investment. 3. Apply costing techniques in production process. 4. Interpret simple financial statement of a company for measuring financial performance of the business firms. 5. Prepare a business plan for an entrepreneurship project.
  This work, SME4833 Engineering Economy by WAN HARUN BIN WAN HAMID , MASINE BTE MD TAP and MUHAMAD ZAMERI BIN MAT SAMAN is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License
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  Topic 1
  THE TIME VALUE OF MONEY
  Introduction
  Principle of Engineering Economy
  Simple and Compound Growth
  Single and Combine Factors
  Nomination and Effective Growth
  Chapter Summary
  

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  Topic 2
  EVALUATING ALTERNATIVES AND REPLACEMENT ANALYSIS
  Introduction
  Minimum Interest Rate of Return
  Selection of alternative
  Sensitivity Analysis
  Economic Life
  Replacement Analysis
  Chapter Summary

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  Topic 3

  PART II: ACCOUNTING

  FINANCIAL STATEMENTS AND ANALYSIS

  The Financial Statements
  

  Profit and loss statement
  

  Balance Sheet statement
  

  Analysis of Financial Statement

  Accounting ratios

  Chapter Summary

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  Topic 4

  COST ACCOUNTING
  

  Introduction
  

  Method of Determining Cost of Products
  

  Allocating Overhead Costs of Service Centers
  

  Absorption Costing and Marginal Costing
  

  Activity Based Costing
  

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  Topic 5

  MANAGEMENT ACCOUNTING AND SHORT TERM DECISION-MAKING
  

  Introduction
  

  Cost-Volume-Profit Analysis
  

  Short Term Decision Making
  

  Chapter Summary

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