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Fundamentals of Engineering Economics,9780132209601
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Fundamentals of Engineering Economics



Pub. Date:
Prentice Hall
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  • Fundamentals of Engineering Economics
    Fundamentals of Engineering Economics
  • Fundamentals of Engineering Economics
    Fundamentals of Engineering Economics
  • Fundamentals of Engineering Economics
    Fundamentals of Engineering Economics


From the author of the best-sellingContemporary Engineering Economicsbook,Fundamentals of Engineering Economicsoffers concise, but in-depth coverage of all fundamental topics of Engineering Economics.A four-part organization outlines an understanding of money and its management, how to evaluate business and engineering assets, .the development of project cash flows, and special topics in engineering economics.For individuals interested in the field of industrial, civil, mechanical and electrical engineering

Table of Contents

Understanding Money and its Managementp. 1
Engineering Economic Decisionsp. 2
The Rational-Decision-Making Processp. 4
How Do We Make Typical Personal Decisions?p. 4
How Do We Approach an Engineering Design Problem?p. 7
What Makes Economic Decisions Different from Other Design Decisions?p. 10
The Engineer's Role in Businessp. 10
Making Capital-Expenditure Decisionsp. 10
Large-Scale Engineering Economic Decisionsp. 11
Impact of Engineering Projects on Financial Statementsp. 13
Types of Strategic Engineering Economic Decisionsp. 14
Fundamental Principles in Engineering Economicsp. 18
Summaryp. 19
Time Value of Moneyp. 20
Interest: The Cost of Moneyp. 22
The Time Value of Moneyp. 22
Elements of Transactions Involving Interestp. 24
Methods of Calculating Interestp. 26
Economic Equivalencep. 28
Definition and Simple Calculationsp. 28
Equivalence Calculations Require a Common Time
Basis for Comparisonp. 31
Interest Formulas for Single Cash Flowsp. 33
Compound-Amount Factorp. 33
Present-Worth Factorp. 35
Solving for Time and Interest Ratesp. 38
Uneven-Payment Seriesp. 40
Equal-Payment Seriesp. 42
Compound-Amount Factor: Find F, Given A, i, and Np. 43
Sinking-Fund Factor: Find A, Given F, i, and Np. 47
Capital-Recovery Factor (Annuity Factor): Find A, Given P, i and Np. 49
Present-Worth Factor: Find P, Given A, i, and Np. 52
Present Value of Perpetuitiesp. 57
Dealing with Gradient Seriesp. 57
Handling Linear Gradient Seriesp. 58
Table of Contents provided by Publisher. All Rights Reserved.

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