Developing An Online Undergraduate Engineering Economy Course

Abstract

Given shrinking university budgets, increased enrollments and limited teaching space, a push has been made to develop online courses at the undergraduate level which will allow for large class sections and increase access, both on-campus and remotely. The development of online courses in engineering at the undergraduate level is new at the University of Florida. We discuss the process of developing an online course in engineering economy. We specifically address how to allow for students to interact in groups in an online environment through projects. We also discuss the ability to modularize delivery in order to appeal to different majors in the course, which may require slightly different content. The course, currently under development, is to be delivered in the Summer of 2010.

A Comparative Review of Two Engineering Economics Sections: One Traditional and One Online

“… A discussion of the future of engineering economics that includes increased incorporation of spreadsheet analysis while limiting traditional engineering economics topics 17,18 .  A discussion for online (distance education) of engineering economics 19 , with corresponding studies for the structure of undergraduate 20 and graduate 21 courses.…”

A New Look at Involving Undergraduate Students, Real Life Applications, and Active Learning Activities in the Industrial Engineering Undergraduate Course Delivery Process

“…Recent engineering economics textbooks, published in 2011, have reemphasized decision making analysis 15,16 . Since 2000, many articles have been published that provide either structure or experiences in teaching engineering economics at both the undergraduate and graduate levels [17][18][19][20][21] , and the inclusion of risk and uncertainty in engineering economics 22,23 .…”