545
MEQ545 · Engineering Economics UiTM Pulau Pinang · SESI I 2026/2027
Sesi I 2026/2027 · Oct 2026 – Feb 2027

Engineering Economics

MEQ545 · Bachelor of Manufacturing Engineering Technology
MF
LecturerMuhammad Faris Bin Abd Manap
Semester status

Checking the academic calendar…

28 Sep 20267 Feb 2027
3Credit Hours
14Teaching Weeks
7Tutorials
100%Coursework

This course covers topics that include the principles, fundamental concepts, and methodologies of engineering economics. It emphasizes engineering economic analysis and facilitates rational decision-making regarding costs in environmental engineering practices. Additionally, the course introduces basic concepts and principles of project management, with a focus on planning, scheduling, monitoring, controlling, evaluating, and terminating projects.

Upon completion of this course, students should be able to:

CO1

Explain the basic principles and practice of project management.

PO1 · LO1SK1 · SK2SP1–SP3C2
CO2

Display the principles of the engineering economy to manage process design.

PO10 · LO10A5
CO3

Recognise the need for and independently propose engineering economic related analysis in solving economic problems.

PO11 · LO9SK8C4
Individual Assignment · 20% Group Project · 20% Test 1 · 30% Test 2 · 30% No Final Examination
7
Course Syllabus

Engineering Economics · MEQ545 · 38 contact hours

Chapters 1–7
Teaching Plan SESI I 2026/2027

28 September 2026 – 7 February 2027 · weeks run Monday–Sunday

Tutorial Assignment Test Group Project Break Milestone
Individual Assignment 20%
Group Project 20%
Test 1 30%
Test 2 30%
Assessment is subject to change without prior notice. There is no final examination — the semester grade is 100% coursework.

Engineering Economy 20th Ed.

William G. Sullivan · Elin M. Wicks · C. Patrick Koelling
Prentice Hall · 2024 · ISBN 9780133439271

1. Park, C.S. — Fundamentals of Engineering Economics, 4th Ed., Pearson, 2019.

2. Blank, L.T. & Tarquin, A. — Engineering Economy, 8th Ed., McGraw-Hill Education, 2017. ISBN 9780073523439.

3. Kloppenborg, T.J. — Contemporary Project Management, 4th Ed., Cengage, 2018. ISBN 9788131518717.

The complete official teaching plan (ETAC 2024 format) is available for download.

Official Teaching Plan (.docx)