Principles of Engineering Economic Analysis, 5e provides a unified treatment of economic analysis principles and techniques from a cash flow perspective. This approach has been proven in the classroom and has been very successful in practice. The fifth edition has been updated to include sample FE exam questions as well as shorter examples so that students can clearly understand the concepts. Additionally, the text includes more use of spreadsheet software and more information on personal finance, helping students become even more familiar with the essentials an engineer needs to know when solving problems in the real world.
Contents
- 1. Engineering Economic Analysis.
- 2. Time Value Of Money.
- 3. Borrowing, Lending, And Investing.
- 4. Establishing The Planning Horizon And The Minimum Attractive Rate Of Return.
- 5. Present Worth Analysis.
- 6. Future Worth Analysis.
- 7. Annual Worth Analysis.
- 8. Rate Of Return Analysis.
- 9. Depreciation Methods.
- 10. After-Tax Economic Analysis.
- 11. Replacement Analysis.
- 12. Inflation Effects.
- 13. Supplementary Analysis.
- 14. Economic Analysis In The Public And Regulated Sectors.
- 15. Capital Budgeting.
- 16. Obtaining And Estimating Cash Flows
- Index.
Key Features
FOCUS ON BUILDING PROBLEM SOLVING SKILLS
- 280 worked examples help students to model good problem solving technique.
- Presents and consistently reinforces a systematic analysis technique for engineering economic analysis (SEAT). The frequent reference to this technique throughout the text enables students to view analysis techniques in terms of the "big picture."
- Over 950 end-of-chapter problems, including over 180 Fundamentals of Engineering (FE)-type questions that help students prepare for the FE Exam.
- Problems in the WileyPLUS course are categorized at three levels of difficulty (simple, intermediate, and difficult).
- Introduces "Ten Principles of Engineering Economic Analysis" in Chapter 1 (p.6) and uses them as a touchstone throughout the book. For example, Principle Eight, "Compare investment alternatives over a common period of time" is revisited Choosing Planning Horizons (p.195), Present Worth Analysis (p.240), Future Worth, Unequal Lives (p. 292), and Capital Recovery Cost (p.328).
- Appropriate attention is given to external sources available on the Web, including loan, mortgage retirement calculators, corp. financial statements, depreciation and tax documents, public, and more.
COMPREHENSIVE BUT FLEXIBLE TOPICAL COVERAGE
- Coverage is comprehensive and flexible and includes all standard topics plus stronger coverage of more advanced analysis techniques than most of the competitors (e.g., risk analysis, sensitivity analysis, cost estimating, public sector economics, capital budgeting, etc.) See p. xi in the Preface for course coverage options.
LOTS OF REAL-WORLD & REALISTIC EXAMPLES
- Motivational chapter introductions feature examples that range from well-known companies like Caterpillar, Starbucks, Intel, Conoco Phillips, Motorola, Walmart, and Abbott Labs, to small businesses and public-sector projects like the Seattle Green Line Project.
- Includes a mix of business /industry and personal finance examples and homework problems. Example, "Justifying an Engineering Degree," p. 154.
PEDAGOGY THAT REINFORCES LEARNING
- Key material is separated into color-shaded boxes for emphasis and study.
- A set of true/false questions called "Pit Stops" is included after the text presentation and prior to the homework problems in each chapter, testing understanding of concepts.
- Spreadsheet examples are abundant and displayed as actual screen shots, making it easier to follow along.
WILEYPLUS
- WileyPLUS provides unique value to support problem solving skills/comprehension.
- Includes GO Problems, GO Tutorials, and Video problem solving clips.
New to this edition
The 2011 Update and Student Study Edition provides students and instructors the latest tax information, and up-to-date company and industry information in the chapter opening stories (such as the BP Gulf oil spill), reflecting changes resulting from the recent tumult in the economy, so that students can work with the most current and relevant information.
The 2011 Update and Student Study 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.
- Worked Problem Videos, demonstrating how to solve problems, both algebraically and with Excel.
Icons in the 2011 Update and Student Study Edition identify:
- 25 Video Lessons for key topics, available in WileyPLUS
- Exercises available for instructors to assign in WileyPLUS, including:
- Algorithmic problems
- GO Tutorial problems
- 96 Problems with Video Solutions
Book Details
Hardcover: 928 pages
Publisher: Wiley; 5 edition (2010)
Language: English
ISBN-10: 0470113960
ISBN-13: 978-0470113967
Product Dimensions: 8.3 x 1.5 x 10.1 inches
List Price: $131.45