In recent years, demand for utilization of power electronic converters in industrial, commercial and household applications has increased significantly. It is critical for engineers to design these converters in a short duration. Considering the time constraints on engineers it’s not surprising that rapid prototyping tools have become very popular in the industry. Through rapid prototyping, users can estimate power loss and cost which are essential to design decisions. The research presented here treats main power electronic components of a converter as building blocks that can be arranged to obtain various topologies to facilitate rapid prototyping. In order to get system-level power loss and cost models, two processes are implemented. The...