The fourth edition of this text continues to be a comprehensive, authoritative and interesting resource for introductory and advanced courses in Engineering Economics. This new edition has streamlined the material into 15 accessible, readable chapters. The sequence of chapters flows 1) Fundamentals required for economic analysis; 2) Structural/procedures for performing those analyses; 3) Specific considerations for the public sector; 4) Depreciation and income tax considerations; 5) Inflation/considerations; and 6) Advanced concepts, including risk and decision. An emphasis on a clear, interesting writing style with numerous examples and review exercises offsets traditional ideas that the subject matter can be dull.
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