Author Description

This text is intended for undergraduate engineering students taking the introductory engineering economics course at Canadian universities.The second Canadian edition of Contemporary Engineering Economics has been thoroughly revised and updated while continuing to adopt a contemporary approach to the subject, and teaching, of engineering economics which made the first edition so successful. This text aims not only to build a sound and comprehensive coverage of the concepts of engineering economics but also to address key educational challenges, such as student difficulty in developing the analytical skills required to make informed financial decisions. This timely revision brings the realities of economics and engineering design into twenty-first century classrooms and helps students integrate these issues as they contemplate product development problems. The computer is introduced as a productivity tool for modeling and analyzing engineering decision problems once the students have mastered the fundamental concepts. Additionally, end-of-chapter sections feature analysis software for the IBM® PC.