A Concise Introduction to Engineering Economics  book cover
1st Edition

A Concise Introduction to Engineering Economics

ISBN 9780419159100
Published October 1, 1988 by Routledge
404 Pages

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Book Description

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.

Table of Contents

Preface. Engineering and investment decisions. Compounding discounting, and economic equivalence. Cash flow analysis and inflation. Methods for evaluating investments. Depreciation, taxes, and cost of capital. Comparing alternative investments. Replacement analysis. Risk analysis. Risk analysis models. Capital rationing methods. Evaluation of public projects. Cost analysis. Cost anaylsis models. Lease-or-buy decisions. Profitability analysis. Data sources and cost estimates. Forecasting revenues. Preparing an economic feasibility study. Appendices. Bibliography. Answers to selected problems. Index.

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"The title well describes this book. It is an excellent introduction to capital investment decisions for engineers and managers in business and government." - Tunnels & Tunnelling