Advanced Engineering Economics
- ISBN-10
- 0471799890
- ISBN-13
- 9780471799894
- Category
- Technology & Engineering / General
- Pages
- 740
- Language
- English
- Published
- 1990-02-23
- Publisher
- Wiley
- Authors
- Chan S. Park, Gunter P. Sharp
Description
Describes important and useful project evaluation and selection concepts and techniques that have developed over the past twenty years. These concepts and techniques--essential in making individual, corporate and public investment decisions--are presented in an integrated framework based upon traditional engineering economics principles. Four main sections--Basic Concepts and Techniques in Economics Analysis, Deterministic Analysis, Stochastic Analysis, Special Topics--cover a wide variety of subjects, including: accounting income, interest, inflation, the use of tranforms in cash-flow modeling, depreciation and corporate taxation, investment worth, utility theory, decision tree analysis and much more. A number of analysis techniques for public investments are described and decision rules for selecting among multiple alternatives are given. Features numerous case studies, illustrative examples, tables and end-of-chapter questions.
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