ENGINEERING ECONOMY

For undergraduate, introductory courses in Engineering Economics.Used by engineering students worldwide, 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.

FUNDAMENTALS OF ENGINEERING ECONOMY.1. Introduction to Engineering Economy. 2. Cost Concepts and Design Economics. 3. Money-Time Relationships and Equivalence. 4. Applications of Money-Time Relationships.II. ENGINEERING ECONOMY IN ACTION.5. Applications of Money-Time Relationships.6. Comparing Alternatives. 7. Depreciation and Income Taxes.8. Price Changes and Exchange Rates.9. Replacement Analysis.10. Dealing with Uncertainty.III. ADDITIONAL TOPICS IN ENGINEERING ECONOMY.11. Evaluating Projects with the Benefit/Cost Ratio Method.12. Engineering Economy Studies in Investor-Owned Utilities.13. Probabilistic Risk Analysis.14. Capital Financing and Allocation.15. Dealing with Multiattributed Decisions