IE4512 (Engineering Economy) course reviews and ratings at Northeastern (NEU). Average rating 4.2/5. Compare professors with RateMyProfessor reviews.
Introduces students to economic modeling and analysis techniques for selecting alternatives from potential solutions to an engineering problem. Presents basic methods of economic comparison such as present worth, annual worth, rate of return, and benefit/cost techniques. Studies effects of taxes on investment analysis. Also covers decision tree analysis and statistical decision techniques.
Data updated October 2026.