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

Description

Contemporary Engineering Economics, 5/e, is intended for undergraduate engineering students taking introductory engineering while appealing to the full range of engineering disciplines for which this 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 sound and comprehensive coverage of engineering economics, but also to address key challenges, such as student difficulty in developing the analytical skills required to make informed financial decisions.

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  • 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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