NWCCD 2013-14 Catalog 
    Jul 13, 2024  
NWCCD 2013-14 Catalog [This is an Archived Catalog.]

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MINE 1725 - Mining Economics

This course is an introduction to basic economic and financial principles used in mining.  Using case studies from surface mining business models, students evaluate financial goals, recommend and implement continuous improvement strategies, and evaluate project effectiveness using fixed and variable costs.  Students compare preventive and reactive cost control methods for business operations affecting equipment maintenance and production down time.  This course explore sustainable business strategies as applicable to the surface mining industry.

Credits: 3

Lecture/Lab Hours: 3 lecture hrs/week

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