Author Description

Now in a ninth edition, Engineering Economic Analysis offers comprehensive coverage of financial and economic decision-making for engineering projects, with an emphasis on problem solving, life cycle costs, and the time value of money. The spreadsheet material from the previous edition has been expanded, allowing students to create and analyze more realistic cash-flow models. The authors' concise, accessible writing style and practical emphasis make this text ideal for undergraduate engineering economy courses. Features of the Ninth Edition BLNew pedagogical features --Chapter-opening vignettes --Chapter objectives BLThe interior design is completely reworked to improve readability, generate student interest, and facilitate comprehension of the material. BLA new chapter has been Chapter 18, Accounting and Engineering Economy. BLChapter 10, Probability and Uncertainty, has been completely rewritten to emphasize how to make good choices by considering the uncertainty that is part of every engineering economy application. BLChapter 13, Replacement Analysis, has been rewritten to clarify the comparison of existing assets with newer alternatives. BLAppendix 7A, Difficulties Solving for an Interest Rate, has been thoroughly revised to use the power of spreadsheets to solve problems. BLEnd-of-chapter problems are reorganized and updated throughout.