An easy-to-follow contemporary engineering economics text that helps making sound economic decisions without advanced mathematics. This one-semester introduction to the fundamentals of engineering economics provides an overview of the basic theory and mathematics underlying operational business decisions that engineering technology, engineering, and industrial technology students will face in the workplace. A basic knowledge of economics empowers a manager to balance costs with production. This new edition of Fundamentals of Economics for Engineering Technologists and Engineers is written in plain language. Concepts have been simplified and kept straightforward with an emphasis on "how to apply" economic principles. Practical examples as a tool for managing business data and giving detailed analysis of business operations. throughout the text make good use of Microsoft Excel templates, provided on the book’s companion website, for students. Chapter-end exercises provide discussion and multiple-choice questions along with numerical problems, and a solutions manual and instructor resources is given for adopting instructors.
Bond A longterm note issued by a borrower to a lender, typically for the purpose of financing a large project. Face or Par Value The stated value (or face value) on an individual bond. Redeem To pay a bond holder a value as specified by ...
This must-have textbook for students in mechanical, civil, and electrical engineering departments addresses issues not sufficiently covered by existing engineering economics texts.
Given that modern reservoir engineering is largely centered on numerical computer simulation and that reservoir engineers in the industry will likely spend much of their professional career building and running such simulators, the book ...
From the author of the best-selling Contemporary Engineering Economics text, Fundamentals of Engineering Economics offers a concise, but in-depth coverage of all fundamental topics of Engineering Economics.
This book incorporates both approaches, providing students of aviation and industrial economics, as well as practitioners, with the necessary mathematical knowledge to evaluate alternatives on an economic basis.
This is an ideal textbook for Economic Analysis and Technical Applications students, or anyone seeking to gain an understanding of the core concepts of engineering economics.
Covers the basic techniques and applications of engineering economy for all disciplines in the engineering profession.
This title offers an overview of the fundamentals and practice applications of probability and statistics, microeconomics, engineering economics, hard and soft systems analysis, and sustainable development and sustainability applications in ...
The fourth edition of this text continues to be a comprehensive, authoritative and interesting resource for introductory and advanced courses in Engineering Economics. This new edition has streamlined the material...
This tenth edition of the market-leading Engineering Economic Analysis offers comprehensive coverage of financial and economic decision-making for engineers, with an emphasis on problem solving, life-cycle costs, and the time value of money ...