Contemporary Engineering Economics, Global Edition, 6th edition

Published by Pearson (January 8, 2016) © 2016

  • Chan S Park Auburn University
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For courses in engineering and economics

Comprehensively blends engineering concepts with economic theory

Contemporary Engineering Economics teaches engineers how to make smart financial decisions in an effort to create economical products. As design and manufacturing become an integral part of engineers’ work, they are required to make more and more decisions regarding money.

The 6th Edition helps students think like the 21st century engineer who is able to incorporate elements of science, engineering, design, and economics into his or her products. This text comprehensively integrates economic theory with principles of engineering, helping students build sound skills in financial project analysis.

  • Part 1: Basics of Financial Decisions
  • Chapter 1: Engineering Economic Decisions
  • Chapter 2: Accounting and Financial Decision Making
  • Chapter 3: Interest Rate and Economic Equivalence
  • Chapter 4: Understanding Money and Its Management
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  • Part 2: Evaluation of Business and Engineering Assets
  • Chapter 5: Present-Worth Analysis
  • Chapter 6: Annual Equivalent-Worth Analysis
  • Chapter 7: Rate-of-Return Analysis
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  • Part 3: Analysis of Project Cash Flows
  • Chapter 8: Cost Concepts Relevant to Decision Making
  • Chapter 9: Depreciation and Corporate Taxes
  • Chapter 10: Developing Project Cash Flows
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  • Part 4: Handling Risk and Uncertainty
  • Chapter 11: Inflation and Its Impact on Project Cash
  • Chapter 12: Project Risk and Uncertainty
  • Chapter 13: Real-Options Analysis
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  • Part 5: Special Topics in Engineering Economics
  • Chapter 14: Replacement Decisions
  • Chapter 15: Capital-Budgeting Decisions
  • Chapter 16: Economic Analysis in the Service Sector
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  • Appendix A: Fundamentals of Engineering Review Questions
  • Appendix B: Interest Factors for Discrete Compounding
  • Appendix C: Values of the Standard Normal Distribution Function

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