Notes for Engineering Economics - EE by Sadasiba rajaguru Mohapatro

Meaning of demand, Demand function, Law of Demand and its exceptions, Determinants of demand, Elasticity of demand & its measurement, Supply-Meaning of supply, Law of supply and its exception, Determinants of supply, Elasticity of supply, Determination of market equilibrium

Production function, Laws of returns: Law of variable proportion, Law of returns to scale

Interest - Simple and compound, nominal and effective rate of interest, Cash flow diagrams, Principles of economic equivalence. Evaluation of engineering projects-Present worth method, Future worth method, Annual worth method, Internal rate of return method, Cost benefit analysis for public projects

Internal rate of return method

Depreciation of capital assert, Causes of depreciation, Methods of calculating depreciation (Straight line method, Declining balance method), After tax comparison of project.

Commercial bank, Functions of commercial bank, Central bank, Functions of Central Bank.

Basic understanding of different market structures, Determination of equilibrium price under perfect competition, Break Even Analysis-linear approach

Indian Money Market