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APSC 221  Economic and Business Practice  Units: 3.00  
This course will provide students in the Engineering program with the ability to appropriately incorporate selected economic and business practices into the practice of engineering. The topics covered include introductions to: cost concepts, cost estimation, time value of money, cash flow analysis, the effects of taxes and inflation on project economics, replacement analysis, risk and change management, and financial strength and viability of a new business venture. Assignments and examples are based on situations from engineering-based industries. This is an online course but requires students to write in-person examinations (mid-terms and final) at Queen's University during the Fall and Winter Terms (during the Summer Term, all examinations are completed online).
K3 (Lec: Yes, Lab: No, Tut: No)
Requirements: Prerequisites: Corequisites: Exclusions: APSC 321, COMM 244  
Offering Term: FWS  
CEAB Units:    
Mathematics 0  
Natural Sciences 0  
Complementary Studies 36  
Engineering Science 0  
Engineering Design 0  
Offering Faculty: Smith Engineering  

Course Learning Outcomes:

  1. CLOs coming soon; please refer to your course syllabus in the meantime.