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Financial Fundamentals for Engineers - Softcover

 
9780750669412: Financial Fundamentals for Engineers
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Engineering means thrifty use of resources (labour, power, and materials). Money is the common measure for these however engineers are rarely taught how the realities of finance and economics will impact on the engineering decisions they make. Financial Fundamentals for Engineers sets out to show how finance interacts with engineering and why it matters.

Basic financial concepts - money, profit, cash-flow - are explained using real-life examples. Key steps in the engineering cycle, like winning tenders, managing projects and getting paid are all explained in the context of becoming profitable and staying solvent.

In the same accessible style that has been so popular with his students, George Solt tells engineers how finance can keep the wheels of engineering turning - and equally how it can cause those wheels to come off with calamitous results.

* Step-by-step introduction to finance, why it matters and how it interacts with engineering
* Communicates dry concepts in a dynamic, lively way using real-life examples and anecdotes
* Perfect for undergraduate and graduate students as well as newly qualified professional engineers

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About the Author:
By George Solt, Visiting Professor, University College London, UK; and Richard Hill, Department of Mathematics, University College London, UK

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  • PublisherButterworth-Heinemann Ltd
  • Publication date2006
  • ISBN 10 0750669411
  • ISBN 13 9780750669412
  • BindingPaperback
  • Number of pages200

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