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Engineering Economy Terminology Guide

This document appears to be a student worksheet containing terminology and concepts to define related to economics and engineering economy. It includes a list of 18 terms for the student to define related to topics like supply, demand, competition types. It also contains 7 items for the student to enumerate and briefly describe related to functions of engineering economy, techniques, analysis procedures, intangible values, costs, and payments. The document concludes with a blank line for a library receipt.

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Kel Sarmiento
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131 views1 page

Engineering Economy Terminology Guide

This document appears to be a student worksheet containing terminology and concepts to define related to economics and engineering economy. It includes a list of 18 terms for the student to define related to topics like supply, demand, competition types. It also contains 7 items for the student to enumerate and briefly describe related to functions of engineering economy, techniques, analysis procedures, intangible values, costs, and payments. The document concludes with a blank line for a library receipt.

Uploaded by

Kel Sarmiento
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

SUBJECT/SECTION

SEAT NUMBER DATE


SURNAME, FIRST NAME MIDDLE INITIAL SIGNATURE
STUDENT NUMBER PROGRAM/YEAR

ACTIVITY

CPR # 1

Terminologies to be defined:
1. Economics 9. Supply
2. Engineering Economy (and who is the 10. Elastic Demand
Father?) 11. Inelastic Demand
3. Engineering Economic Analysis (and 12. Unitary Elasticity
who is the Founder?) 13. Perfect Competition
4. Consumer Goods / Services 14. Monopoly
5. Producer Goods / Services 15. Oligopoly
6. Necessities 16. Law of Supply and Demand
7. Luxuries 17. Law of Diminishing Returns
8. Demand 18. Valuation

Enumerate and give a brief description for each:


1. Functions and Uses of Engineering Economy
2. Engineering Economy Techniques
3. Engineering Economic Analysis Procedures
4. Intangible Values
5. Costs
6. Overlapping Costs
7. Payments

Library Receipt of reference borrowed

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