Economic Evaluation and Investment Decision Methods. This item is unavailable.Economic Evaluation and Investment Decision Methods

This text is an introduction to the concepts of time value of money and the related decision criteria used to evaluate investments. The text examples and problems provide the reader with a comprehensive approach to evaluating the economic equivalence of both income-producing and service-producing alternatives on a before and after tax basis, and then properly applying the findings.

Each chapter introduces new concepts and illustrates each with examples. At the end of each chapter are a number of problems designed to provide the reader with an opportunity to explore the calculations on their own. The solutions for each of these problems are available in the Problem Solutions Manual which also explores Excel applications and the use of financial calculators to solve various exercises.

While the text has a number of examples from the oil and gas and mining industry, it is written with a number of generic scenarios that make it applicable for students in all engineering disciplines as well as those involved in geology, geophysics, business, accounting, finance, management, operations research and anyone interested in economic evaluation issues.

Franklin J. Stermole, B.S., M.S., Ph.D., Chemical Engineering, Iowa State University, is Professor Emeritus of Mineral Economics, and Chemical and Petroleum Refining at Colorado School of Mines where he has taught since 1963. In addition, Frank has taught more than 650 "Economic Evaluation" short courses to over 16,000 persons from mineral and non-mineral industry companies and government agencies all over the world.

John M. Stermole, B.S.B.A., Finance, University of Denver, and M.S., Mineral Economics, Colorado School of Mines, is President of Investment Evaluations Corporation and has taught as a Lecturer at Colorado School of Mines for the Departements of Mineral Economics, Chemical and Petroleum Refining Engineering, and Environmental Sciences. John also served as a Fellow to the Institute for Global Resources Policy at Colorado School of Mines. and was co-author in the 1st Edition of the Global Mining Taxation Comparative Study.

Since 1997 he has also taught as an Adjunct Professor at The University of Denver, College of Law in the Natural Resources and Enviornmental Law Program. In addition, John has taught more that 350 "Economic Evaluation" short courses for minieral, petroleum and non-mineral companies and government agencies areound the world.