Engineering Economics, Estimation and Costing
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Engineering Economics, Estimation and Costing Syllabus — Unit-wise Content
The official GTU curriculum for Engineering Economics, Estimation and Costing (subject code 3170615) as prescribed for Civil Engineering · Semester 7 divides the course into 2 units, covering 34 listed topics. The unit-wise breakdown below is read from the GTU syllabus document for this subject code, so you can check what the course actually covers before deciding which papers to attempt.
Download the official syllabus PDF (3170615)Unit 1 Introduction to Engineering Economics
- Introduction to Engineering Economics- Flow in an economy
- Law of supply and demand
- Concept of Engineering Economics – Engineering efficiency
- Economic efficiency
- Scope of engineering economics – Element of costs
- Marginal cost
- Marginal Revenue
- Sunk cost
- Opportunity cost
- Break-even analysis – V ratio
- Value engineering
- Cash flow
- Replacement and maintenance analysis
- Economic decision making
- Evaluating alternatives by- effect of taxation on comparison of alternatives
- effect of inflation on cash flow
- Evaluation of public projects
- Benefit cost ration method
Unit 2 Estimation
- Units of measurements
- types of estimates
- Different methods to find the quantities of civil works
- Estimated cost and its importance
- Provisions of IS-1200
- for working out quantities and deductions in civil works
- Entering the measurements in quantity sheet and calculation of quantities of various items of civil works for residential
- commercial and industrial buildings
- Highway, Dam, Culvert etc
- Market rates of material and labour
- Introduction to schedule of rates
- Abstracting and Billing: Purpose of abstract
- preparation of abstract
- measurement and billing
- Checking of bills and final bill
- Book Keeping: 10 Subject Code: 3170615 w.e.f
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