Engineering Economy

© 2018
by Leland Blank, Anthony Tarquin

8th Edition 656 Pages Hardback
9780073523439 0073523437
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  • Description
  • Table of Contents
  • Features

Engineering Economy presents a crisp, bold new design using color, highlighting and icons to focus on important concepts, terms, equations and decision guidelines. There are new features, new topics (such as ethics and staged decision making), and new online tools; yet no compromise on coverage, examples, or the well-accepted writing style of this popular text. Solved examples, problems and case studies target many of the current engineering challenges in areas such as energy, ethics, the environment, and the world's changing economics.

McGraw-Hill's Connect, is also available as an optional, add on item. Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, how they need it, so that class time is more effective. Connect allows the professor to assign homework, quizzes, and tests easily and automatically grades and records the scores of the student's work. Problems are randomized to prevent sharing of answers an may also have a "multi-step solution" which helps move the students' learning along if they experience difficulty.

Learning Stage 1 - The Fundamentals

1) Foundations of Engineering Economy

2) Factors: How Time and Interest Affect Money

3) Combining Factors and Spreadsheet Functions

4) Nominal and Effective Interest Rates

Learning Stage 2 - Basic Analysis Tools

5) Present Worth Analysis

6) Annual Worth Analysis

7) Rate of Return Analysis: One Project

8) Rate of Return Analysis: Multiple Alternatives

9) Benefit/Cost Analysis and Public Sector Economics

Learning Stage 2 - Epilogue: Selecting the Basic Analysis Tool

Learning Stage 3 - Making Decisions

10) Project Financing and Non-economic Attributes

11) Replacement and Retention Decisions

12) Independent Projects With Budget Limitation

13) Breakeven and Payback Analysis

Learning Stage 4 - Rounding Out the Study

14) Effects of Inflation

15) Cost Estimation and Indirect Cost Allocation

16) Depreciation Methods

17) After-Tax Economic Analysis

18) Sensitivity Analysis and Staged Decisions

19) More on Variation and Decision Making under Risk

Appendix A - Using Spreadsheets and Microsoft Excel

Appendix B - Basics of Accounting Reports and Business Ratios

Appendix C - Code of Ethics for Engineers

Appendix D - Alternate Methods For Equivalence Calculations

Appendix E - Glossary of Concepts and Terms

New to this Edition

Expanded questions for either review or preparation for the Fundamentals of Engineering (FE) Exam.

McGraw-Hill Education Connect is a digital teaching and learning environment that improves performance over a variety of critical outcomes; it is easy to use; and it is proven effective.

All new end-of-chapter problems.

Available within McGraw-Hill Education's Connect, SmartBook makes study time as productive and efficient as possible. It identifies and closes knowledge gaps through a continually adapting reading experience that provides personalized learning resources at the precise moment of need. This ensures that every minute spent with SmartBook is returned to the student as the most value-added minute possible. The result? More confidence, better grades, and greater success.

Also available with this edition is MHE's Online Learning Center that features numerous instructor resources including solutions to the problems, an image library, and new lecture PowerPoints for each chapter. You will also find a test bank for each chapter that allows instructors to assign online homework and quizzes - this online homework is gradable and can be edited by instructors.


Retained Features

Ethical considerations in economic analyses.

Progressive examples for improved understanding of concepts.

Hand and spreadsheet example solutions. Spreadsheet solutions with on-image comments and Excel functions.

Vital concepts and guidelines located in margins and appendix.

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