New edition provides exciting insights and thought-provoking inquiries into the principles, concepts, and techniques of engineering economy. Previous edition c2000.
Spotlight customer reviews:
Customer Rating: Summary: review Comment: the book came in excellent packing and well before time. with regards to the book i think it is really awesome. the stuff is very well explained and supported with good examples Customer Rating: Summary: Good buy for my money Comment: I am a college student and for some reason, all colleges and schools seem to think that we love to take out loans and just pay them money for tution or books, but this was a really good alternative than my college bookstore. I got a brand new book for the price of a used book which is awesome. I highly recommmend it! Customer Rating: Summary: Very good reading! Comment: The best book in engineering economics that I have seen so far. Easy reading, easy to digest the material. My only "complaints" is that the "answer to questions" (in the back of the book) should include cash flow diagrams, and the templates on the CD should be formatted to look professional.
Minor glitches to a great book! Customer Rating: Summary: Useful to the student and the professional Comment: Just as engineers must accurately model technical solutions to a problem, they must also model the economic impact of those technical solutions. This is a very good book for both the engineering student and the practicing engineer. Unlike many texts on straight economics, it is not just filled with narrative. It has many well-explained formulas and examples using those formulas throughout. The numerous exercises included throughout the book involve open-ended problem statements and iterative problem-solving skills, which are the real-world skills you'll need on the job. Various engineering disciplines are presented. FE exam-style questions have been added to help prepare engineering students for that milestone examination. Passing the FE exam is a first step in getting licensed as a "Professional Engineer" or PE. A good companion to this book is the Schaum's Outline on Engineering Economics. This is one of those textbooks where having the latest edition is really better, since the laws of finance are man-made and do change over time. The following is the table of contents for the latest edition:
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.
Appendixes. Customer Rating: Summary: Great book! Comment: I was pleasantly surprised to have enjoyed this book during my engineering coursework. It gave good insight and practical examples to understanding engineering costs.
