Contemporary Engineering Economics, 5/e, is intended for undergraduate engineering students taking introductory engineering economics while appealing to the full range of engineering disciplines for which this course is often required: industrial, civil, mechanical, electrical, computer, aerospace, chemical, and manufacturing engineering, as well as engineering technology.
This edition has been thoroughly revised and updated while continuing to adopt a contemporary approach to the subject, and teaching, of engineering economics. This text aims not only to build a sound and comprehensive coverage of engineering economics, but also to address key educational challenges, such as student difficulty in developing the analytical skills required to make informed financial decisions.
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Dr. Chan S. Park is a Ginn Distinguished Professor of Engineering in the Department of Industrial & Systems Engineering
at Auburn University.His teaching and research interests are in the area of engineering economic decisions and financial engineering. He received his PhD from Georgia Institute of Technology.
“The Park text is one that students can engage better because of the emphasis on personal finance issues and clear explanations of business finance issues and why and when they are requested in industry. I find that students learn Engineering Economy much more effectively when they can relate it to their own personal situations and understand how critical these finance skills are to their personal success.”
-Dr. David Sly, PE, IOWA STATE UNIVERSITY
“I believe that it is a superior text for its purpose due to the clarity and strong examples.”
-Stephen Smith, DREXEL UNIVERSITY
“The collection of stories in the opening vignettes and its overall writing style makes the adjective “contemporary” in the title of the Park text well deserved. I would describe this text as a textbook written with students’ interests in mind.”
-Alla Kammerdiner, ARIZONA STATE UNIVERSITY
“Contemporary Engineering Economics provides a very good coverage of fundamental issues in engineering decision making with contemporary examples and opening cases.”
-Bahattin Koc, UNIVERSITY AT BUFFALO (SUNY)
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