• Course Code: CVLE529
  • Credits: 3
  • Hours Distribution: (3Crs.:3Lec,0Lab)
  • Course Type: Civil Engineering Technical Electives (CETE)

Course Description

Economics: cost nature and concepts, cost definition, material, labor cost, factory overhead, direct cost, indirect cost, variable cost, fixed cost, semi-variable semi-fixed cost, differential and increment cost, and opportunity cost, cost measurement and equations, cost reports, profits, consumption, risk, financial institutions, long-term contract, Labor’s law, Insurance.