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- Economics For Chemical Engineers
Economics For Chemical Engineers
COURSE CODE: ICH 2219
COURSE CREDIT UNIT: 3
ACADEMIC PROGRAMME: Industrial Chemistry, Bachelor
COLLEGE/SCHOOL/FACULTY: School of Natural and Applied Sciences
STATUS: Core
PROGRAMME TYPE: Undergraduate
Course Description
This course is concerned with the application of economic criteria to chemical engineering design or decision making. Topics covered will include comparison of alternative projects, optimal design project, interacting projects replacement problems, problems involving constraints, decision reversal points, depreciation methods for two and profit calculations risk and uncertainly, inflation and price changes.
Course Objectives
This course is intended:
- To give students a background to chemical engineering economics
- To enable students appreciate and apply chemical engineering economics to design on decision making.
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