Engineering Economy – Leland Blank, Anthony Tarquin – 7th Edition


Economy, 7th edition, presents a crisp, bold new design using color, highlighting and icons to focus on important concepts, terms, equations and decision guidelines. There are new features, new topics (such as ethics and staged decision making), and new online tools; yet no compromise on coverage, examples, or the well-accepted style of this popular text.

The preface provides an overview of What’s New and graphically depicts resources for Instructors and Students. Solved examples, and case studies target many of the current challenges in areas such as energy, ethics, the environment, and the world’s changing economics. Approximately eighty percent of the end-of-chapter are revised or new for this edition.

Some of the outstanding pedagogical characteristics of this new edition include its easy-to-read style, outcomes for each section, progressive examples used throughout a chapter, solved examples using manual and integrated spreadsheet solutions, updated case studies, of Engineering (FE) exam for each chapter, and numerous new end-of-chapter exercises.

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Table of Contents

Learning Stage 1 The Fundamentals
Chapter 1 Foundations of Engineering Economy
Chapter 2 Factors: How Time and Interest Affect Money
Chapter 3 Combining Factors and Spreadsheet Functions
Chapter 4 Nominal and Effective Interest Rates

Learning Stage 2 Basic Analysis Tools
Chapter 5 Present Worth Analysis
Chapter 6 Annual Worth Analysis
Chapter 7 Rate of Return Analysis: One Project
Chapter 8 Rate of Return Analysis: Multiple Alternatives
Chapter 9 Benefit/Cost Analysis and Public Sector Economics

Learning Stage 3 Making Better Decisions
Chapter 10 Project Financing and Noneconomic Attributes
Chapter 11 Replacement and Retention Decisions
Chapter 12 Independent Projects With Budget Limitation
Chapter 13 Breakeven and Payback Analysis

Learning Stage 4 Rounding Out the Study
Chapter 14 Effects of Inflation
Chapter 15 Cost Estimation and Indirect Cost Allocation
Chapter 16 Depreciation Methods
Chapter 17 After-Tax Economic Analysis
Chapter 18 Sensitivity Analysis and Staged Decisions
Chapter 19 More on Variation and Decision Making Under Risk

Appendix A Using Spreadsheets and Microsoft Excel
Appendix B Basics of Accounting Reports and Business Ratios
Appendix C Code of Ethics for Engineers
Appendix D Alternate Methods For Equivalence Calculations
Appendix E Glossary of Concepts and Terms

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