Abstract
In this paper, we propose the inclusion of economics of information systems into Engineering Economic Analysis curriculum. Information system projects are unique projects with several distinguished characteristics. They are also subject to several conditions of risk. Several graduates would be expected to analyze information system related projects from engineering point of view. Engineering economic analysis techniques play major roles in the evaluation of privately and publicly funded projects. The present understanding of engineering graduates is that these techniques are sufficient and applicable to all privately funded projects. However, there are pieces of evidence that these techniques are not sufficient for evaluating information system projects. Most of these projects have unique characteristics that are not found in other privately or publicly financed and operated businesses. Hence, there is a need to teach economics of information systems within engineering economic analysis curriculum to educate students about information system projects' unique characteristics and cautions to take when using available techniques. Such inclusion will help to place engineering students in a more competitive position for their future career goals.
| Original language | English |
|---|---|
| Pages (from-to) | 7177-7182 |
| Number of pages | 6 |
| Journal | ASEE Annual Conference Proceedings |
| State | Published - 2004 |
| Externally published | Yes |
| Event | ASEE 2004 Annual Conference and Exposition, "Engineering Researchs New Heights" - Salt Lake City, UT, United States Duration: Jun 20 2004 → Jun 23 2004 |