Section outline

  • General

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    • Course Summary: 

      Quick Review of Theory and Solving Representative Problems on Process Economics covering the undergraduate chemical engineering syllabus, and latest GATE-exam syllabus: Time Value of Money - Interests, Compounding Frequency, Periodic Deposits / Withdrawals, Depreciation Calculations, Capital Cost Estimation, Profitability Analysis, Economic Balance Calculations of Chemical Processes.

      • Objective Type Questions and Problems with Detailed Solutions (50 nos.) - Video Lectures with Handwritten-Transcripts
      • Questions from Past GATE Exams CH, and Open Sources.
      • Videos: 4 hours of recorded lectures - 1 hours of Theory; 3 hours of Problem Solving.
      This course is part of "Process Economics" and "Chemical Engineering Courses Bundle".

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  • Learn the Essentials in 4 Hours

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    Representative questions are listed. Shall go through this list for a quicker learning / revising of this Course.

    Activities: 2

  • Theory

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    Activities: 0

  • Time Value of Money

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    Simple interest, compound interest, compounding frequency - monthly, quarterly, daily, continuous compounding, present value, future value, maturity amount, annuity - ordinary annuity, annuity due, EMI calculations, inflation.

    Activities: 4

  • Depreciation

    Go to section Depreciation

    Methods of depreciation calculations - straight-line method, declining balance methods - double declining, text-book declining methods, sum-of-years-digits method, sinking-fund method. Book value, depreciation expense per year, salvage value. 

    Activities: 2

  • Capital Cost

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    Cost-capacity scaling, cost variation with time (cost-index).

    Activities: 2

  • Profitability Estimates

    Go to section Profitability Estimates

    Comparison of profits / investments based on profitability estimation criteria - pay-back period, rate of return, annual cost, net present value (NPV), discounted-cash flow rate of return (internal rate of return), capitalized cost methods. 

    Activities: 3

  • Economic Design

    Go to section Economic Design

    Break-even point, minimizing cost, maximizing profit

    Activities: 3