Engineering Economy, 16th Edition

Engineering Economy is intended to serve as a text for classroom instruction in undergraduate, introductory courses in Engineering Economics. It also serves as a basic reference for use by practicing engineers in all specialty areas (e.g., chemical, civil, computer, electrical, industrial, and mechanical engineering). The book is also useful to persons engaged in the management of technical activities.

Used by engineering students worldwide, this best-selling text provides a sound understanding of the principles, basic concepts, and methodology of engineering economy. Built upon the rich and time-tested teaching materials of earlier editions, it is extensively revised and updated to reflect current trends and issues, with an emphasis on the economics of engineering design throughout. It provides one of the most complete and up-to-date studies of this vitally important field.

MyEngineeringLab for Engineering Economy is a total learning package that is designed to improve results through personalized learning. MyEngineeringLab is an online homework, tutorial, and assessment program that truly engages students in learning. It helps students better prepare for class, quizzes, and exams—resulting in better performance in the course—and provides educators a dynamic set of tools for gauging individual and class progress.

Teaching and Learning Experience

This program will provide a better teaching and learning experience—for you and your students. It will help:

• Personalize Learning: MyEngineeringLab provides students with a personalized interactive learning environment, where they can learn at their own pace and measure their progress.
• Provide a Solid Foundation in the Principles, Concepts, and Methodology of Engineering Economy: Students will learn to understand and apply economic principles to engineering.
• Prepare Students for Professional Practice: Students will develop proficiency with the process for making rational decisions that they are likely to encounter in professional practice.
• Support Learning: The TestGen testbank allows instructors to regenerate algorithmically-generated variables within each problem to offer students a virtually unlimited number of paper or online assessments.

Note: You are purchasing a standalone product; MyEngineeringLab does not come packaged with this content. If you would like to purchase both the physical text and MyEngineeringLab ¿search for ISBN-10: 0133750213/ISBN-13: 9780133750218. That package includes ISBN-10: 0133439275/ISBN-13: 9780133439274 and ISBN-10: 0133455343 /ISBN-13: 9780133455342.

MyEngineeringLab is not a self-paced technology and should only be purchased when required by an instructor.

Table of Contents

Chapter 1. Introduction to Engineering Economy
Chapter 2. Cost Concepts and Design Economics
Chapter 3. Cost-Estimation Techniques
Chapter 4. The Time Value of Money
Chapter 5. Evaluating a Single Project
Chapter 6. Comparison and Selection among Alternatives
Chapter 7. Depreciation and Income Taxes
Chapter 8. Price Changes and Exchange Rates
Chapter 9. Replacement Analysis
Chapter 10. Evaluating Projects with the Benefit−Cost Ratio Method
Chapter 11. Breakeven and Sensitivity Analysis
Chapter 12. Probabilistic Risk Analysis
Chapter 13. The Capital Budgeting Process
Chapter 14. Decision Making Considering Multiattributes