Contemporary Engineering Economics – Chan S. Park – 5th Edition

Description

Contemporary Engineering Economics, 5/e, is intended for undergraduate engineering taking introductory while appealing to the full range of engineering disciplines for which this course is often required: industrial, civil, mechanical, electrical, computer, aerospace, chemical, and engineering, as well as engineering technology.

This edition has been thoroughly revised and updated while continuing to adopt a contemporary approach to the subject, and teaching, of engineering economics.

This text aims not only to build a and comprehensive coverage of engineering economics, but also to address key educational challenges, such as student difficulty in developing the analytical skills required to make informed decisions.

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Table of Contents

PART 1 BASICS OF FINANCIAL DECISIONS 1
Chapter 1 Engineering Economic Decisions
Chapter 2 Accounting and Financial Decision-Making
Chapter 3 Interest Rate and Economic Equivalence
Chapter 4 Understanding Money and Its Management

PART 2 EVALUATION OF BUSINESS AND ENGINEERING ASSETS 207
Chapter 5 Present-Worth Analysis
Chapter 6 Annual Equivalent-Worth Analysis
Chapter 7 Rate-of-Return Analysis

PART 3 ANALYSIS OF PROJECT CASH FLOWS
Chapter 8 Cost Concepts Relevant to Decision Making
Chapter 9 Depreciation and Corporate Taxes
Chapter 10 Developing Project Cash Flows

PART 4 HANDLING RISK AND UNCERTAINTY
Chapter 11 Inflation and Its Impact on Project Cash Flows
Chapter 12 Project Risk and Uncertainty
Chapter 13 Real-Options Analysis

PART 5 SPECIAL TOPICS IN ENGINEERING ECONOMICS
Chapter 14 Replacement Decisions
Chapter 15 Capital-Budgeting Decisions
Chapter 16 Economic Analysis in the Service Sector

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