New interior design - developed to enhance student usability and includes annotated Excel spreadsheets
Real-world examples that are relevant to all engineering disciplines -Applications that show relevance of the material to student's everyday lives.
Chapter opening vignettes-Mini case studies to engage student interest in various topics.
Chan Park's renown authoring style-Chan Park tells the story of engineering economics through engaging scenarios and his hallmark student-friendly writing style.
Concise yet detailed coverage of all fundamental topics of engineering economics.
Student companion website with self study quizzes, FE review quizzes, Excel templates, Case Studies & more...
Table of Contents PART 1 UNDERSTANDING MONEY AND ITS MANAGEMENT
Chapter 1 Engineering Economic Decisions
Chapter 2 Time Value of Money
Chapter 3 Understanding Money Management
Chapter 4 Equivalence Calculations under Inflation
PART 2 EVALUATIING BUSIINESS AND ENGIINEERIING ASSETS
Chapter 5 Present-Worth Analysis
Chapter 6 Annual Equivalence Analysis
Chapter 7 Rate-of-Return Analysis
Chapter 7A Resolution of Multiple Rates of Return
PART 3 DEVELOPMENT OF PROJECT CASH FLOWS
Chapter 8 Accounting for Depreciation and Income Taxes
Chapter 9 Project Cash-Flow Analysis
Chapter 10 Handling Project Uncertainty
Chapter 11 Replacement Decisions
Chapter 12 Benefit-Cost Analysis
Chapter 13 Understanding Financial Statements
Chan S. Park is currently a Professor of Industrial and Systems Engineering at Auburn University. He received the M.S. and Ph.D. degrees in industrial engineering from Purdue University and the Georgia Institute of Technology, respectively. Over his 25-year academic career, he has been actively involved in a variety of areas of research, teaching, and professional consulting. His work has been recognized internationally in the fields of engineering economics, strategic and economic decisions within service sectors, financial engineering (real options valuation), risk analysis, and capital budgeting. He also authored or coauthored leading textbooks on the related subjects, including Contemporary Engineering Economics (Prentice Hall), and Advanced Engineering Economics (John Wiley & Sons). He is the Editor-in-Chief of the journal The Engineering Economist and is a licensed Professional Engineer.