Basics of Engineering Economy

This text covers the basic techniques and applications of engineering economy for all disciplines in the engineering profession.

The writing style emphasizes brief, crisp coverage of the principle or technique discussed in order to reduce the time taken to present and grasp the essentials.

The objective of the text is to explain and demonstrate the principles and techniques of engineering economic analysis as applied in different fields of engineering. This brief text includes coverage of multiple attribute evaluation for instructors who want to include non-economic dimensions in alternative evaluation and the discussion of risk considerations in the appendix, compared to Blank's comprehensive text, where these topics are discussed in two unique chapters.

Chapter 1 Foundations of Engineering Economy

Chapter 2 Factors: How Time and Interest Effect Money

Chapter 3 Nominal and Effective Interest Rates

Chapter 4 PresentWorth Analysis

Chapter 5 Annual Worth Analysis

Chapter 6 Rate of Return Analysis

Chapter 7 Benefit/Cost Analysis and Public Sector Projects

Chapter 8 Breakeven, Sensitivity and Payback Analysis

Chapter 9 Replacement and Retention Decisions

Chapter 10 Effects of Inflation

Chapter 11 Estimating Costs

Chapter 12 Depreciation Methods

Chapter 13 After-tax Economic Analysis

Chapter 14 Alternative Evaluation Considering Multiple Attributes and Risk

Appendix A: Using Spreadsheets and Microsoft Excel

Appendix B: Accounting Reports and Business Ratios

Appendix C: Final Answers to Selected Problems

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