Real-world, "how-to," and conversational in approach, this introduction to engineering economics focuses on the basics--with minimal mathematics and theory. Extensive real-world engineering problems show readers how to "attack" the variety of situations they will likely encounter on the job. Includes worked example problems throughout. Cashflows. Single Payment. Multiple Payments. Payback Period. Present Worth. Future Worth. Annual Worth. Rate of Return. Benefit-Cost Ratio. Comparison. Depreciation. Income Tax. Replacement Analysis. For practicing engineers, technologists, technicians, scientists.
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For one-semester introductory-level courses in Economic Analysis taken by majors in engineering technology, engineering and industrial technology.Focused on the basics--with minimal mathematics and theory--this introduction to engineering economics makes even the more difficult concepts accessible to students with limited algebra skills. Its strong "how to" approach and extensive real-world engineering problems prepare students for the variety of situations they will encounter on the job.
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