Engineering economies tools to show its effect in decision making. Compare between them using engineering economics tools that been covered in the class (attached the covered materials).
Example of renting a villa or buying a villa which option is better and cost effective that should be concluded from the tools and suggest to use the cash flow diagram and NPV as tools.
Say villa rent is 250,000 Dhs and buying the same villa is 5,000,000 Dhs and the bank profit is 3.99%
You can find by searching for a villa to rent or buy in Abu Dhabi, UAE.