Chemical Engineering Economics and Batch Process Development

Every successful chemical engineering project must balance scientific feasibility with economic reality. This text-based course guides you through the foundational principles of chemical engineering economics and the systematic development of batch processes. You will learn how to analyze project costs, evaluate profitability, and optimize process flows. Starting with key terminology and basic financial concepts, you will build the skills needed to assess complex engineering systems, plan process development goals, and understand modern simulation techniques like simulated distillation. What you will learn: Understand the core principles of economic analysis in chemical engineering; Evaluate capital investment costs, operating expenses, and project profitability metrics; Design and optimize batch processes from initial project goals to final specifications; Apply simulated distillation concepts to analyze multi-component mixtures; Formulate process development strategies that balance safety, sustainability, and profit; Learn to use modern data-driven tools to model process economics. This course is designed for engineering students, junior chemical engineers, and technical professionals who want to strengthen their financial decision-making skills. No advanced background in finance or process simulation is required. Start building your chemical engineering career by mastering the economic and technical principles that drive industrial success.