Engineering Economic Analysis

By Prof. Pradeep Kumar Jha | IIT Roorkee

Learners enrolled: 691 | Exam registration: 22

ABOUT THE COURSE:
The course focuses on economic and cost analysis of engineering projects, giving insights on modern techniques and methods used on economic feasibility studies relating to design and implementation of engineering projects. The basic purpose of this course is to provide a sound understanding of concepts and principles of engineering economy and to develop proficiency with methods for making rational decisions regarding problems likely to be encountered in professional practice.

INTENDED AUDIENCE:Bachelor students in Mechanical/Production/Industrial/Metallurgical/Civil Engineering

PREREQUISITES:Basic Knowledge of economics & mathematics

Summary

Course Status :	Upcoming
Course Type :	Elective
Language for course content :	English
Duration :	8 weeks
Category :	Mechanical Engineering
Credit Points :	2
Level :	Undergraduate
Start Date :	18 Aug 2025
End Date :	10 Oct 2025
Enrollment Ends :	18 Aug 2025
Exam Registration Ends :	29 Aug 2025
Exam Date :	02 Nov 2025 IST
NCrF Level	4.5 — 8.0

Note: This exam date is subject to change based on seat availability. You can check final exam date on your hall ticket.

Page Visits

Course layout

Week 1: Introduction to Engineering Economy, Time value of money, Cash flow diagrams, Interest and Interest rate, Discrete compounding and payment

Week 2: Interest formulae for discrete compounding and discrete payments- Gradient series factors, Nominal & Effective interest

Week 3: Economic equivalence, Methods of comparison of alternatives

Week 4: Replacement analysis, Economic life of the asset

Week 5: Depreciation and Depletion

Week 6: Elements of cost, Break even analysis, Economic order quantity,

Week 7: Cost estimation, Decision under risk and uncertainty

Week 8: Effect of taxation on economic studies, Income tax analysis

Instructor bio

Prof. Pradeep Kumar Jha

IIT Roorkee

Dr Pradeep K. Jha is presently working as Associate Professor in the Department of Mechanical Industrial Engineering at IIT Roorkee. He has been teaching the courses related to manufacturing technology and theory of production processes to undergraduate and postgraduate students for more than 12 years. He is actively involved in research work related to production processes, tundish steelmaking process, mold solidification in continuous casting etc.

Course certificate

The course is free to enroll and learn from. But if you want a certificate, you have to register and write the proctored exam conducted by us in person at any of the designated exam centres.

The exam is optional for a fee of Rs 1000/- (Rupees one thousand only).

Date and Time of Exams: November 02, 2025 Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.

Registration url: Announcements will be made when the registration form is open for registrations.

The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published. If there are any changes, it will be mentioned then.

Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form etc.

CRITERIA TO GET A CERTIFICATE

Average assignment score = 25% of average of best 6 assignments out of the total 8 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100

Final score = Average assignment score + Exam score

Please note that assignments encompass all types (including quizzes, programming tasks, and essay submissions) available in the specific week.

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.

Certificate will have your name, photograph and the score in the final exam with the breakup.It will have the logos of NPTEL and IIT Roorkee .It will be e-verifiable at nptel.ac.in/noc.

Only the e-certificate will be made available. Hard copies will not be dispatched.

Once again, thanks for your interest in our online courses and certification. Happy learning.

- NPTEL team

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