Engineering Economic Analysis, 14th Edition (eBook)

Engineering Economic Analysis, 14th Edition (eBook)

Engineering Economic Analysis is the essential guide for engineers seeking to master financial and economic decision-making in their professional practice. This comprehensive textbook emphasizes problem-solving, life-cycle costs, and the time value of money, offering a clear and accessible approach to these critical concepts. The 14th edition builds upon the success of its previous versions by incorporating the latest updates, including new US tax laws and advanced software tools that can algorithmically generate and grade homework problems.

Key Features:

Comprehensive Coverage:

The book provides an in-depth exploration of financial and economic decision-making tailored for engineers, addressing key topics such as life-cycle costs, time value of money, and cost-benefit analysis.

Clear explanations and step-by-step problem-solving techniques help readers understand how to apply economic principles to engineering projects.

Practical Applications:

The authors emphasize real-world applications and use contemporary examples to demonstrate how economic analysis is used in engineering decision-making.

The text includes a variety of engineering problems that allow students to practice applying economic analysis in a range of contexts, from manufacturing to project management.

Logical Organization:

The textbook is organized in a logical, easy-to-follow format, which is designed to support both teaching and independent learning.

Each chapter includes clear learning objectives and practice problems, making it a useful resource for both students and professionals.

New Features in the 14th Edition:

Updates on US Tax Laws: The 14th edition includes the latest updates on US tax laws, ensuring that students and professionals are working with the most current financial regulations.

Algorithmic Software: A new software tool included with the eBook version can automatically generate and grade homework problems, providing a more interactive and efficient learning experience for students.

Extensive Ancillary Resources:

The eBook version is accompanied by an extensive ancillary package, including online resources, teaching tools, and solutions manuals that make it easier for instructors to incorporate the material into their courses.

Interactive learning tools provide students with additional opportunities to practice problem-solving and improve their understanding of key concepts.

Who Should Use This eBook:

Engineering Students: Ideal for undergraduate and graduate students studying engineering economics, industrial engineering, or related disciplines.

Professionals and Practitioners: Useful for engineers and professionals who need to apply economic analysis to real-world engineering projects.

Educators: This textbook is an effective tool for teaching engineering economics, with clear explanations and a variety of teaching aids, making it suitable for both in-person and online courses.

About the Authors:

The authors of Engineering Economic Analysis are respected experts in the field, with years of experience in both academia and industry. Their clear, accessible writing style and emphasis on practical, real-world applications have made this textbook a staple in engineering education.