Table Of ContentLearning Stage 1 - The Fundamentals 1) Foundations of Engineering Economy 2) Factors: How Time and Interest Affect Money 3) Combining Factors and Spreadsheet Functions 4) Nominal and Effective Interest Rates Learning Stage 2 - Basic Analysis Tools 5) Present Worth Analysis 6) Annual Worth Analysis 7) Rate of Return Analysis: One Project 8) Rate of Return Analysis: Multiple Alternatives 9) Benefit/Cost Analysis and Public Sector Economics Learning Stage 2 - Epilogue: Selecting the Basic Analysis Tool Learning Stage 3 - Making Decisions 10) Project Financing and Non-economic Attributes 11) Replacement and Retention Decisions 12) Independent Projects With Budget Limitation 13) Breakeven and Payback Analysis Learning Stage 4 - Rounding Out the Study 14) Effects of Inflation 15) Cost Estimation and Indirect Cost Allocation 16) Depreciation Methods 17) After-Tax Economic Analysis 18) Sensitivity Analysis and Staged Decisions 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
SynopsisEngineering 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'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.