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For courses in engineering and economics
Contemporary Engineering Economics teaches engineers how to make smart financial decisions in an effort to create economical products. As design and manufacturing become an integral part of engineers’ work, they are required to make more and more decisions regarding money.
The Sixth Edition helps students think like the 21st century engineer who is able to incorporate elements of science, engineering, design, and economics into his or her products. This text comprehensively integrates economic theory with principles of engineering, helping students build sound skills in financial project analysis.
Also Available with MyEngineeringLab™
This title is also available with MyEngineeringLab — an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.
Students interested in purchasing this title with MyEngineeringLab should ask their instructor for the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information.
Part 1: Basics of Financial Decisions
Chapter 1: Engineering Economic Decisions
Chapter 2: Accounting and Financial Decision Making
Chapter 3: Interest Rate and Economic Equivalence
Chapter 4: Understanding Money and Its Management
Part 2: Evaluation of Business and Engineering Assets
Chapter 5: Present-Worth Analysis
Chapter 6: Annual Equivalent-Worth Analysis
Chapter 7: Rate-of-Return Analysis
Part 3: Analysis of Project Cash Flows
Chapter 8: Cost Concepts Relevant to Decision Making
Chapter 9: Depreciation and Corporate Taxes
Chapter 10: Developing Project Cash Flows
Part 4: Handling Risk and Uncertainty
Chapter 11: Inflation and Its Impact on Project Cash
Chapter 12: Project Risk and Uncertainty
Chapter 13: Real-Options Analysis
Part 5: Special Topics in Engineering Economics
Chapter 14: Replacement Decisions
Chapter 15: Capital-Budgeting Decisions
Chapter 16: Economic Analysis in the Service Sector
Appendix A: Fundamentals of Engineering Review Questions
Appendix B: Interest Factors for Discrete Compounding
Appendix C: Values of the Standard Normal Distribution Function
The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.
The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.
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