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Full Description
Engineering Economic Analysis offers comprehensive coverage of financial and economic decision making for engineers, with an emphasis on problem solving, life-cycle costs, and the time value of money. The authors' clear, accessible writing, emphasis on practical applications, and relevant contemporary examples have made this text a perennial bestseller. With its logical organization and extensive ancillary package, Engineering Economic Analysis is widely regarded asa highly effective tool for teaching and learning. This 14th edition includes crucial updates to cover new US tax laws and software that will algorithmically generate and automatically grade homeworkproblems.
Contents
PREFACE 1 MAKING ECONOMIC DECISIONS 2 ESTIMATING ENGINEERING COSTS AND BENEFITS 3 INTEREST AND EQUIVALENCE 4 EQUIVALENCE FOR REPEATED CASH FLOWS 5 PRESENT WORTH ANALYSIS 6 ANNUAL CASH FLOW ANALYSIS APPENDIX 7A Difficulties in Solving for an Interest Rate 8 CHOOSING THE BEST ALTERNATIVE 9 OTHER ANALYSIS TECHNIQUES APPENDIX 9A Investing for Retirement and Other Future Needs APPENDIX 10A Diversification Reduces Risk 11 DEPRECIATION 12 INCOME TAXES FOR CORPORATIONS APPENDIX 12A Taxes and Personal Financial Decision Making 13 REPLACEMENT ANALYSIS 14 INFLATION AND PRICE CHANGE 17 ACCOUNTING AND ENGINEERING ECONOMY APPENDIX A Introduction to Spreadsheets APPENDIX B Time Value of Money Calculations using Spreadsheets and Calculators APPENDIX C Compound Interest Tables APPENDIX D Fundamentals of Engineering (FE) Exam Practice Problems APPENDIX E Selected Answers to End-of-Chapter ProblemsREFERENCESINDEX
