Using a book order catalog, students will calculate costs for their book choices, learn how to write a check, and to fill out an order form.
Students will work together in small groups of four to six students to solve the following word problems. Their solutions will require them to practice interview techniques and create a database and/or spreadsheet of their results. This information will be the basis of the answers to the following eight word problems. Skills such as area, cost, calorie count, ratio, percentage and scale, as well as persuasive writing will be applied.
Describes how economic theory is linked to economic evaluation techniques like cost-benefit and cost-effectiveness analysis and to introduce students to many concepts that are specific to economic evaluation. Introduces students to the many varieties of economic evaluation to establish a common terminology. Discusses cost-benefit with a demonstration of how this type of evaluation is most clearly linked to economic theory. Explores other theories and concepts, including cost measurement, benefit valuation, and incremental decision-making. Finally, explores recommendations on performing economic evaluations that are made in the United States with a focus on how these are related to underlying economic theory and other concepts.
Students learn about the many types of expenses associated with building a bridge. Working like engineers, they estimate the cost for materials for a bridge member of varying sizes. After making calculations, they graph their results to compare how costs change depending on the use of different materials (steel vs. concrete). They conclude by creating a proposal for a city bridge design based on their findings.
Integration of design, engineering, and management disciplines and practices for analysis and design of manufacturing enterprises. Emphasis is on the physics and stochastic nature of manufacturing processes and systems, and their effects on quality, rate, cost, and flexibility. Topics include process physics and control, design for manufacturing, and manufacturing systems. Group project requires design and fabrication of parts using mass-production and assembly methods to produce a product in quantity. Six units may be applied to the General Institute Lab Requirement.
Integration of design, engineering, and management disciplines and practices for analysis and design of manufacturing enterprises. Emphasis is on the physics and stochastic nature of manufacturing processes and systems, and their effects on quality, rate, cost, and flexibility. Topics include process physics and control, design for manufacturing, and manufacturing systems. Group project requires design and fabrication of parts using mass-production and assembly methods to produce a product in quantity. This course introduces you to modern manufacturing with four areas of emphasis: manufacturing processes, equipment/control, systems, and design for manufacturing. The course exposes you to integration of engineering and management disciplines for determining manufacturing rate, cost, quality and flexibility. Topics include process physics, equipment design and automation/control, quality, design for manufacturing, industrial management, and systems design and operation. Labs are integral parts of the course, and expose you to various manufacturing disciplines and practices.
The likelihood ratio is derived as the optimal detector and simplifying it for easier computation is described.
Choice of material has implications throughout the life-cycle of a product, influencing many aspects of economic and environmental performance. This course will provide a survey of methods for evaluating those implications. Lectures will cover topics in material choice concepts, fundamentals of engineering economics, manufacturing economics modeling methods, and life-cycle environmental evaluation.
This activity uses a prepared spreadsheet and the grocery sales paper from the newspaper to figure the cost of a holiday meal for a certain number of people.
Basic theory of consumer behavior, production and costs, partial equilibrium analysis of pricing in competitive and monopolistic markets, general equilibrium, welfare, and externalities.Recommended for students planning to apply to graduate school in economics, accounting, or finance.
Introduction to Methods for Health Services Research and Evaluation provides an introduction to basic methods for undertaking research and program evaluation within health services organizations and systems. In addition to basic methods, the course also provides "the state of the art" in research and evaluation through the review of major completed studies. This course is recommended for students who will be carrying out policy research, social science research, or program impact evaluation within health delivery systems. It is also relevant to those who will apply the results of Health Services Research (HSR) done by others.
In this lesson students will work in small groups making change to $1.00 using coins and pictures of items priced from Sunday fliers. In advance the teacher will cut out pictures of items costing less than $1.00.
Students learn about the major factors that comprise the design and construction cost of a modern bridge. Before a bridge design is completed, engineers provide overall cost estimates for construction of the bridge. Students learn about the components that go into estimating the total cost, including expenses for site investigation, design, materials, equipment, labor and construction oversight, as well as the trade-off between a design and its cost.
