ABSTRACT

This comprehensive yet accessible text emphasizes problem solving, evaluation of projects, capital budgeting and resource allocation under risk and uncertainty. Current theory of economics and finance is also discussed andthe text is complemented by a full set of problems, exercises and case studies.

part |1 pages

PART I The scope of engineering economics

chapter 1|3 pages

Engineering and investment decisions

chapter 3|16 pages

Cash flow analysis and inflation

part |1 pages

PART II Choosing between alternatives

chapter 4|17 pages

Methods for evaluating investments

chapter 5|18 pages

Depreciation, taxes, and cost of capital

chapter 6|19 pages

Comparing alternative investments

chapter 7|15 pages

Replacement analysis

part |1 pages

PART III Project selection

chapter 8|15 pages

Risk analysis

chapter 9|14 pages

Risk analysis models

chapter 10|17 pages

Capital rationing methods

chapter 11|22 pages

Evaluation of public projects

part |1 pages

PART IV Economic decision models

chapter 12|21 pages

Cost analysis

chapter 13|21 pages

Cost analysis models

chapter 14|11 pages

Lease-or-buy decisions

chapter 15|32 pages

Profitability analysis

part |1 pages

PART V Management of engineering economics studies

chapter 16|27 pages

Data sources and cost estimates

chapter 17|26 pages

Forecasting revenues

chapter 18|11 pages

Preparing an economic feasibility study

part |1 pages

PART VI Appendices

chapter |1 pages

E Areas under normal probability curve

chapter |1 pages

G Natural logarithms

chapter |2 pages

H Common Logarithms

chapter |2 pages

Bibliography

chapter |4 pages

Answers to selected problems