2nd Edition

Engineering Economics for Aviation and Aerospace

By Bijan Vasigh, Javad Gorjidooz Copyright 2025
512 Pages 185 B/W Illustrations
by Routledge

512 Pages 185 B/W Illustrations
by Routledge

512 Pages 185 B/W Illustrations
by Routledge

It is essential for all engineers and practitioners to have a fundamental understanding of cost structure, estimating cash flows, and evaluating alternative projects and designs on an economic basis. Engineering Economics for Aviation and Aerospace provides the tools and techniques necessary for engineers to economically evaluate their projects and choices. Offering a comprehensive... Read more

1. Introduction to the Air Transport Industry 2. Foundations of Engineering Economics and Finance 3. Annuities and Gradient Series 4. Nominal and Effective Interest Rates 5. Present Worth Analysis 6. Annual Worth Analysis 7. Rate of Return Analysis 8. Public-Sector Projects and CostBenefit Analysis 9. Breakeven and Payback Period 10. Engineering Cost Estimation 11. Financial Statements 12. Analyzing Financial Performance 13. Uncertainty, Risk Analysis, and Simulation 14. Depreciation, Replacement, and Abandonment 15. Fundamentals of Decision Theory. Appendices.

Biography

Bijan Vasigh is President and Founder of Aviation Consulting Group and Professor of Economics and Finance in the College of Business at Embry-Riddle Aeronautical University, Daytona Beach, Florida, USA.

Javad Gorjidooz is Professor of Finance and Chair of the Business Administration Program in the School of Business at Embry-Riddle Aeronautical University, Prescott, Arizona, USA.