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This course is a review course for the economic analysis section of the CEM exam.
•It also contains some additional useful information on economic analysis that the CEM instructors do not usually have time to cover in the 5-day course.
•This course:
–presents the Basic Elements used to determine the cost-effectiveness of projects, including
•Time value of money
•Interest and discount rates
•Minimum attractive rate of return (MARR)
•Interest rate factors
–explains some of the most popular Measures Of Cost-effectiveness,
–provides extensive examples of the Application of Economic Measures to Energy Projects, and
–includes Practice Problems to improve your understanding and increase your problem-solving skills.
–Includes a 20-question practice test and a 20-question proficiency test

Module Objectives
  • The Need for Economic Analysis of Energy Projects
  • Basic Principles of Economic Analysis Using the Time Value of Money
  • Working with Compound Interest Factors
  • Performance Measures for Economic Analysis
CEM Review Series: Economic Analysis

BARNEY CAPEHART, Ph.D, C.E.M., is a professor emeritus of industrial and systems engineering at the University of Florida, Gainesville. He has broad experience in the commercial/industrial sector, having served as Director of the University of Florida Industrial Assessment Center from 1990 to 1999. He has personally conducted over 100 audits of industrial facilities and has assisted students in conducting audits of hundreds of office buildings, small businesses, government facilities, and other commercial facilities. He is the lead author for the Guide to Energy Management textbook, founding editor of the Encyclopedia of Energy Engineering and Technology, and co-author or editor of five other energy books. Dr Capehart is the creator of AEE's Five Day Training Program for Energy Managers, and has trained over 10,000 energy managers in that program.

Individual topic purchase: Selected
Association of Energy Engineers
CEU: 0.80
PDH: 8.00
AEE Re-certification: 1.60
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Preview CEM Review Series: Economic AnalysisPreview CEM Review Series: Economic Analysis
AEE Member
AEE Price:$345.00
Non-AEE Member
AEE Price:$395.00