Engineering Economy, 8th Edition

Engineering Economy 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 writing style of this popular text. Solved examples, problems and case studies target many of the current engineering challenges in areas such as energy, ethics, the environment, and the world’s changing economics. McGraw-Hill Education’s Connect, is also available as an optional, add on item. Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, how they need it, so that class time is more effective. Connect allows the professor to assign homework, quizzes, and tests easily and automatically grades and records the scores of the student’s work. Problems are randomized to prevent sharing of answers an may also have a “multi-step solution” which helps move the students’ learning along if they experience difficulty.

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 2 EPILOGUE: SELECTING THE BASIC ANALYSIS TOOL

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