AF3625 Subject Outline 2015 January 1

AF3625
Engineering Economics
Subject Outline

School of Accounting and Finance
Hong Kong Polytechnic University
Second Semester 2014-15

Mode of Study:

Lecture (28 hours)
Tutorial (14 hours)

Assessment:

Coursework (50%)
Final Examination (50%)

Minimum Pass Grade:

Coursework: D
Final Examination: D

Learning Outcomes
Upon completion of the subject, students will be able to:
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understand how the relevant economic factors shape the environment within which an engineering company operates evaluate the financial condition of a company based on the financial statements apply the basic cost accounting techniques in the planning and control of engineering and production activities

Textbook
The textbooks for this course are:
Engineering Economy (16th Ed) by Sullivan, Wicks and Koelling. Publisher: Pearson
Foundations of Economics (7th Ed) by Bade and Parkin. Publisher: Pearson

Teaching Staff
Dr. Alice Shiu: Email: [e-mail]; Office: M846; Phone: [phone]
Dr. Yi Ping Shea: Email: [e-mail]; Office: M811; Phone: [phone]
Dr. Xibin Zhang: Email: [e-mail]; Office: M1050; Phone:
2766-8452
Dr. Rachael Zhao: Email: [e-mail]; Office: M825; Phone: [phone]

1

Attendance and Class Participation
Students are expected to attend all lecture and tutorial classes and their attendance will be recorded. Students are advised to read through the lecture slides, self-study notes and relevant sections of the textbook before each class so as to prepare themselves for effective learning and active participation in discussions.

Assessment Method
Assessment of this course is comprised of the following components:
 Group presentation of tutorial questions (10%)
 Individual written assignment (15%)
 Tutorial participation and attendance (5%)
 Mid-term test (20%)
 Final Examination (50%)
Students are divided into eight groups and each group is required to make an oral presentation on one set of tutorial questions. Please refer to