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Taking a Moment to Teach Engineering Economy

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The acquisition of knowledge can be facilitated when previous knowledge or experience can be applied to the learning process. This article describes an approach for teaching engineering economy that utilizes knowledge from previous courses, statics and mechanics of materials, to improve learning. The concept of moments from these engineering mechanics courses was adapted and used to explain the concept of equivalence in engineering economy. Initial results after one semester indicated less time required for learning the concepts without adverse effects on student exam scores. Results after four semesters show higher course grades with the mechanics-based approach as well as improved student attitudes and higher teaching evaluations.
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Document Type: Research Article

Publication date: April 1, 2007

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