This unified examination of economic analysis principles from a cash flow viewpoint, provides a systematic, 7-step approach for performing a comparison of investment alternatives. It offers comprehensive coverage of cost concepts, inflation, ACRS and modern methods of depreciation, income taxes, economic analysis. It features more current economy examples, a new chapter on reality issues, and new material on non-manufacturing examples.
This text is an unbound, binder-ready edition. Engineers need to "sell" engineering projects and products to managers, executives, and customers economically as well as technologically, environmentally, aesthetically, and so on. Principles of Engineering Economic Analysis, 6e teaches engineers to properly and methodically evaluate their work on an economic basis, and to convey it effectively to those who have the power to say "yea" or "nay." The 6th edition is updated and expanded to be comprehensive and flexible - it includes all standard topics plus stronger coverage of more advanced analysis techniques than other books(e.g., risk analysis, sensitivity analysis, cost estimating, public sector economics, capital budgeting, etc.), with the most thorough integration and guidance for spreadsheet use. The text provides a unified treatment of economic analysis principles and techniques from a cash flow perspective, a proven classroom approach that is very successful in practice. Chapter-opening stories about well-known companies, engineering and personal finance examples throughout the text, and external web resources help motivate students. FE-Like problems at the end of each chapter give students practice with the kinds of problems they'll encounter on the FE exam. The 6th edition provides students and instructors the latest tax information, and up-to-date company and industry information in the chapter opening stories, reflecting changes resulting from the recent tumult in the economy, so that students can work with the most current and relevant information. The 6th edition also highlights opportunities for instructors and students to benefit from the teaching and learning resources available in the WileyPLUS course (instructors may choose to adopt this text with WileyPLUS), including: Algorithmic homework problems that provide: instant feedback to students, link-to-text where students may review if they're having trouble, and Tutorial and Video Solution help. All Tutorial help is available at the instructor's discretion. 96 Worked Problem Videos, demonstrating how to solve problems, both algebraically and with Excel.
Essentials of Engineering Economic Analysis, Second Edition, includes the first twelve chapters of the best-selling textbook Engineering Economic Analysis, Eighth Edition, (0-19-515152-6) by Donald G. Newnan, Jerome P. Lavelle, and Ted G. Eschenbach. This compact version introduces the fundamental concepts of engineering economics and covers essential time value of money principles for engineering projects. It isolates the problems and decisions engineers commonly face and examines the necessary tools for analyzing and solving those problems. Revised in 2001, the second edition focuses on the use of spreadsheets, teaching students to use the enormous capabilities of modern software. The majority of the chapters conclude with sections designed to help students create spreadsheets based on the material covered in each chapter. (The book's organization allows omission of spreadsheet instruction without loss of continuity.) This emphasis on spreadsheet computations provides excellent preparation for real-life engineering economic analysis problems. New Features · Over sixty-five new homework problems added to the ends of chapters · Improved content and readability · Greater emphasis on the use of spreadsheets in real-life situations · Chapter 2, Engineering Costs and Cost Estimating--an entirely new chapter suggested by adopters--answers the question, "Where do the numbers come from?" · An increased focus on the MACRS depreciation method with a new section on recaptured depreciation and asset disposal · An updated section on after-tax replacement efforts in Chapter 12, Replacement Analysis Supplements · Solutions Manual for Engineering Economic Analysis. This 350-page manual has been revised and checked by the authors for accuracy; all end-of-chapter problems are fully solved by the authors. Available free to adopting professors. (ISBN 1-57645-052-X) · Compound Interest Tables. A separate 32-page pamphlet with the compound interest tables from the textbook. Classroom quantities are free to adopting professors. (ISBN 0-910554-08-0) · Exam Files. Fourteen quizzes prepared by the authors test student knowledge of chapter content. Available free in electronic format to adopting professors. Call 1-800-280-0280 or send an email to [email protected] · Instructor Lecture Notes and Overhead Transparencies. Available free in electronic format to adopting professors. Call 1-800-280-0280 or send an email to [email protected] · Student's Quick Study Guide: Engineering Economic Analysis. This 320-page book features a 32-page summary of engineering economy, followed by 386 problems, each with detailed solutions. Available for purchase only. (ISBN 1-57645-050-3)