Theory teaching
General approach to mine evaluation. Discounted cash flow. Handling inflation. Risk analysis. Risk quantification. Black -Sholes option analysis. Multicriteria decision making.

Practical teaching
Time value of money. Nominal and effective rates. Present value. Discounted cash flow. Internal rate of return. Discount and interest rate. Cost of capital. Accounting for inflation. NPV and IRR. Option analysis.

1. Ching Lai Hwang, Kwangsun Yoon: Multiple Attribute Decision Making ISBN 3-540-10558-1;
2. S.Janković i D.Milovanović: Ekonomska geologija i osnovi ekonomike mineralnih sirovina ,1995 RGF u Beogradu
3. Veljko Simeunović,(1995):Projektovanje rudnika sa podzemnom, RGF u Beogradu
4. D.W. Gentry, T.J.O`Neil: Mine Investment Analysis ISBNO-89520-429-0;
5. Barry F. Anderson: The Three Secrets of Wise Decision Making ISBN 0-97-22177-0-3;