The 4th edition of this text continues to be a comprehensive, authoritative and interesting resource for introductory and advanced courses in Engineering Economics, usually offered by industrial and civil engineering departments. However, this new edition has streamlined the material into 16 accessible, readable chapters. The sequence of chapters flows through: fundamentals required for economic analysis; structural procedures for performing those analyses; specific considerations for the public sector; depreciation and income tax considerations; inflation considerations; advanced concepts, including risk and decision analysis. An emphasis on a clear, interesting writing style with numerous examples and review exercises offsets traditional ideas that the subject matter can be dull.
"synopsis" may belong to another edition of this title.
Comprehensive glossaries enable students to clarify definitions at any time.
Contains both risk analysis ("Cheers") and spreadsheet software, whose functions include before-and-after-tax analysis, sensitivity and risk analysis, interest tables, loan analysis, and payback period. The student can apply concepts to real world problems without the tedium of manual problem solving.
Homework problems updated and increased to about 25 per chapter, so that the instructor has a greater range of problems to choose from when preparing homework or exams.
Chapter 9 (IRS tax and depreciation material) completely updated to conform to the Tax Reform Act 1986, as well as the most recent IRS publication rulings.
24 chapters streamlined to 16 - less material makes this text more accessible for instructor and student use.
Chapter 5 rewritten (rate of return material), particularly regarding the reinvestment question for positive period balances when computing the Internal Rate of Return (IRR).
Humorous style makes difficult concepts such as the Internal Rate of Return more accessible.
Advanced topics are also included in this text, such as sensitivity analysis, breakeven analysis, risk analysis, multicriteria and sequential decision making and productivity issues.
"About this title" may belong to another edition of this title.
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Hardcover. Condition: Good. Connecting readers with great books since 1972! Used textbooks may not include companion materials such as access codes, etc. May have some wear or writing/highlighting. We ship orders daily and Customer Service is our top priority! Seller Inventory # S_375190549
Quantity: 1 available