CE 3963


Apply now

If you have previously registered in this online course and wish to register again, please contact us at 453-4646 to complete the registration process.

Course No. and Title:

CE 3963 Engineering Economy

Credit Value:

Three (3) credit hours

Course Description:

This course develops fundamental quantitative methods in order to evaluate engineering projects from financial and economic standpoints as elements of a simple economic model building.


The course is restricted to students with at least 60 ch completed.

Course Author:

Yuri V. Yevdokimov

Course Features:

Power Point Presentations of all topics, on-line testing materials

Course Format:

The course includes the following 13 topics

  1. Engineering Decision Making
  2. Time Value of Money
  3. Cash Flow Analysis
  4. Comparison Methods Part I
  5. Comparison Methods Part II
  6. Depreciation and Financial Accounting
  7. Replacement Decisions
  8. Taxes
  9. Inflation
  10. Public Sector Decision Making
  11. Dealing with Uncertainty: Sensitivity Analysis
  12. Dealing with Risk: Probability Analysis
  13. Qualitative Considerations and Multiple Criteria
Course Texts:

Niall M. Fraser and Elizabeth M. Jewkes. Engineering Economics: Financial Decision Making for Engineers with Companion Website 5/E, Pearson Education Canada, 2013, ISBN-10: 0132935791

Textbooks can be ordered from the UNB Fredericton Bookstore:
Assignments & Examinations:

There are 13 tests associated with each of 13 course topics. Students will have two attempts at each, and the highest score will be chose. Each test contributes 2% to the final mark or 26% in total. There is a midterm exam after completion of the first 6 topics which contributes 14% to the final mark. Final exam contributes 60% to the final mark, is written online, and has to be arranged in advance with the College of Extended Learning. Topic tests are multiple-choice tests. Midterm and final exams along with multiple-choice questions include numerical problems.

All mid-term exams and final exams for online courses will be invigilated at an approved time and location. Please refer to the Online Exam Request Form to book.

Time Limit:

6 months from registration date. All course exams and/or assignments must be completed by the designated end date of your course.


Online courses are subject to an additional $100 non-refundable online fee per course. Fees are subject to change by the Board of Governors.
More information on fees for this course.

Methods of Payment:

Once you complete the Apply Now form below, please send payment. Methods of payment accepted:
Cash (Do not send in the mail. Please deliver to the College of Extended Learning, 2nd Level, Wu Centre, UNB Fredericton Campus)
Cheque or money order (Mail to UNB College of Extended Learning, PO Box 4400, Fredericton, New Brunswick, E3B 5A3)
MasterCard / VISA / American Express (Please call the College of Extended Learning at 1-866-599-4646  or 506 453-4646 with your credit card number, expiry date, and the name as it appears on the card. Please do not send credit card information via email).

Apply Now!
If you have previously registered in this online course and wish to register again, please contact us at 453-4646 to complete the registration process.