(eBook PDF) Contemporary Engineering Economics 6th by Chan S.Park – Digital Ebook – Instant Delivery Download
product details:
- ISBN-10 : 0134105591
- ISBN-13 : 978-0134105598
- Author: Chan Park
For courses in engineering and economics
Comprehensively blends engineering concepts with economic theory
Contemporary Engineering Economics teaches engineers how to make smart financial decisions in an effort to create economical products. As design and manufacturing become an integral part of engineers’ work, they are required to make more and more decisions regarding money.
The Sixth Edition helps students think like the 21st century engineer who is able to incorporate elements of science, engineering, design, and economics into his or her products. This text comprehensively integrates economic theory with principles of engineering, helping students build sound skills in financial project analysis.
table of contents:
Part 1: Basics of Financial Decisions
- Engineering Economic Decisions
- Accounting and Financial Decision Making
- Interest Rate and Economic Equivalence
- Understanding Money and Its Management
Part 2: Evaluation of Business and Engineering Assets
- Present-Worth Analysis
- Annual Equivalent-Worth Analysis
- Rate-of-Return Analysis
Part 3: Analysis of Project Cash Flows
- Cost Concepts Relevant to Decision Making
- Depreciation and Corporate Taxes
- Developing Project Cash Flows
Part 4: Handling Risk and Uncertainty
- Inflation and Its Impact on Project Cash
- Project Risk and Uncertainty
- Real-Options Analysis
Part 5: Special Topics in Engineering Economics
- Replacement Decisions
- Capital-Budgeting Decisions
- Economic Analysis in the Service Sector
Appendices
- Fundamentals of Engineering Review Questions
- Interest Factors for Discrete Compounding
- Values of the Standard Normal Distribution Function
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