Module 2: The Techniques of Cost Analysis
This module introduces you to the elements of cost-analysis. This module took me back to my Cost Accounting class in undergrad, which I did not like at all back then. Professor Huelsmann provided us with helpful equations to calculate average, marginal, and total costs. Also, he outlined the classification of costs that can affect a DE course. This time around it was less challenging possibly because now I have past experience working in accounting. I am more familiar with budgeting. What I did learn was how to develop a budget for a DE course. For the life of me, trying to remember the indirect and direct costs was a little too much for me.