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The document outlines the Engineering Economy course (M561) for 5th-year students, focusing on evaluating investment alternatives based on time-value of money. It covers methods for analyzing economic problems, including the calculation of present worth and equivalent annual worth for projects with infinite lifetimes, such as public works. The course emphasizes the importance of selecting the best alternative based on mathematical criteria, particularly in the context of perpetual projects.

Author

ricotanicgaming

Language

EN