The new edition of a textbook for engineering students on the economic factors of the design process. Topics include comparing alternatives, depreciation and income taxes, replacement analysis, probabilistic risk analysis, and capital financing and allocation. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Used by over 500,000 students, this best-selling text provides a sound understanding of the principles, basic concepts, and methodology of engineering economy. Built upon the rich and time-tested teaching materials of earlier editions, it is extensively revised and updated to reflect current trends and issues, with an emphasis on the economics of engineering design throughout. It provides one of the most complete and up to date studies of this vitally important field.
This best-selling book provides a sound understanding of the principles, basic concepts, and methodology of engineering economy. Built upon the rich and time-tested teaching materials of earlier editions, it is extensively revised and updated to reflect current trends and issues, with an emphasis on the economics of engineering design throughout. It provides one of the most complete and uptodate studies of this vitally important field. . Cost Concepts and Design Economics. MoneyTime Relationships and Equivalence. Applications of MoneyTime Relationships. Depreciation and Income Taxes. Cost Estimating Techniques. Inflation and Price Changes. Replacement Analysis. Public Projects and the Benefit Cost Ratio Method. Probabilistic Risk Analysis. Capital Financing and Allocation. Communicating Engineering Economy Study Results. For engineers who need to learn the basics of engineering economy to help them better plan and present engineering projects.
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