Basics of Engineering Economy , 3rd Edition

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The Basics of Engineering Economy is designed to assist students in understanding and using the fundamental concepts and methods of economic evaluation to materially enhance rational data-centered decision-making in all these dimensions. This text covers the basic techniques and applications of engineering economy for all disciplines in the engineering profession.

The third edition concentrates on fundamental techniques and their applications, the efficient use of spreadsheets, and a rich coverage of personal financial situations in which engineering economy techniques can be applied easily and rapidly. The text presents the topics in condensed formats when compared to the larger text Engineering Economy.

Chapter 1 Foundations of Engineering Economy

Chapter 2 Factors: How Time and Interest Affect Money

Chapter 3 Nominal and Effective Interest Rates

Chapter 4 Present Worth Analysis

Chapter 5 Annual Worth Analysis

Chapter 6 Rate of Return Analysis

Chapter 7 Benefit/Cost Analysis and Public Sector Projects

Chapter 8 Breakeven, Payback, Sensitivity, and Risk Analysis

Chapter 9 Replacement and Retention Decisions

Chapter 10 Effects of Inflation

Chapter 11 Cost Estimation and Allocation

Chapter 12 Depreciation Methods

Chapter 13 After-Tax Economic Analysis

Chapter 14 Alternative Evaluation Including Noneconomic Attributes

Appendix A: Using Spreadsheets and Microsoft Excel

Appendix B: Accounting Reports and Business Ratios

Appendix C: Glossary of Terms and Symbols

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About the Author

Leland Blank

Anthony Tarquin

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