
Contemporary Engineering Economics
by Chan S Park
7th Edition
Publisher: Pearson
Book Details
| Print ISBN | 9780137633296 |
| eText ISBN | 9780137633166 |
| Publisher | Pearson |
| Publishing Year | 2023 |
| Edition | 7th Edition |
| Language | English |
Contemporary Engineering Economics, 7th Edition, is a textbook designed to help readers build skills in financial project analysis. The volume introduces basic principles of engineering economic decisions, accounting data, and money management.
Coverage addresses asset evaluation techniques such as present-worth, annual equivalent-worth, and rate-of-return analysis. It also examines cash flow development, the impact of inflation, and methods for addressing risk and uncertainty.
Study features include answers to self-test questions, interest factor tables for discrete compounding, and reference summaries of decision criteria, interest formulas, and Excel financial functions.
Table of Contents
Chapter 1: Engineering Economic Decisions
Chapter 2: Accounting Information for Engineering Economic Decisions
Chapter 3: Interest Rate and Economic Equivalence
Chapter 4: Understanding Money and Its Management
Chapter 5: Present-Worth Analysis
Chapter 6: Annual Equivalent-Worth Analysis
Chapter 7: Rate-of-Return Analysis
Chapter 8: Cost Concepts Relevant to Decision Making
Chapter 9: Depreciation and Corporate Taxes
Chapter 10: Developing Project Cash Flows
Chapter 11: Inflation and Its Impact on Project Cash Flows
Chapter 12: Project Risk and Uncertainty
Chapter 12-A: Risk Analysis by Computer Simulation
Chapter 13: Real-Options Analysis
Chapter 14: Replacement Decisions
Chapter 15: Capital-Budgeting Decisions
Chapter 16: Economic Analysis in the Service Sector
Chapter 1: Answers to the Self-Test Questions
Chapter 2: Interest Factors for Discrete Compounding
Chapter 3: Values of the Standard Normal Distribution Function
Chapter 4: Summary of Interest Factor Formulas, Decision Criteria, and Useful Excel Financial Functions
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