Engineering Economy: Getting Personal

Abstract – To some, sitting through an Engineering Economy lecture can be as interesting as watching paint dry. However, throw in a few personal examples, and Engineering Economy can become a life changing course. In this paper I describe an active learning approach to Engineering Economy where numerous hands-on labs accompany a standard lecture style course. More importantly, these labs apply fundamental Engineering Economy concepts to everyday life events, events in which students will become involved with numerous times throughout their personal and professional lives