Contemporary Engineering Economics – Chan S. Park – 4th Edition

Description

This book is aimed at engineering undergraduates who took the introductory course in Economic Engineering. The fourth edition of Contemporary Economic Engineering has been completely revised and updated while taking a contemporary approach to the subject, and teaching economic engineering.
This text aims not only to create a solid and comprehensive coverage of economic engineering, but also to address the main educational challenges, such as difficulty for students to develop the analytical skills necessary to make financial decisions.

Table of Contents

Part I: Basics of Financial Decisions
Chapter 1: Engineering Economic Decisions
Chapter 2: Understanding Financial Statement
Chapter 3: Interest Rate and Economic Equivalence
Chapter 4: Understanding Money and Its Management

Part II: Evaluation of Business and Engineering Assets
Chapter 5: Present worth Analysis
Chapter 6: Annual worth Analysis
Chapter 7: Rate of Return Analysis

Part III: Analysis of Project Cash Flows
Chapter 8: Estimating Project Cost Elements
Chapter 9: Depreciation and Corporate Taxes
Chapter 10: Developing Project Cash Flows

Part IV: Handling Risk and Uncertainty in Economic Analysis
Chapter 11: Inflation and Its Impact on Project Cash Flows
Chapter 12: Sensitivity and Risk Analysis
Chapter 13: Real Options Analysis

Part V Special Topics in Engineering Economic Analysis
Chapter 14: Replacement Analysis
Chapter 15: Capital Budgeting Decisions
Chapter 16: Economic Analysis in Service Sector

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