Principles of Engineering Economic Analysis
| Author | : | |
| Rating | : | 4.25 (549 Votes) |
| Asin | : | 0470113960 |
| Format Type | : | paperback |
| Number of Pages | : | 928 Pages |
| Publish Date | : | 2013-11-10 |
| Language | : | English |
DESCRIPTION:
Four Stars Nice book. Not a good book for trying to learn by hand Sweet Thang This is a great book if you need to learn how to do economics in Excel. If you want to learn how to do any of this by hand, choose another book. I am a senior college student studying for Architectural Engineering. Our professor said we could not do anything by Excel during our tests, so we needed to do it by hand. But every example in the book uses Excel. Because the book is going to use Excel, it skips important steps and explanations needed for hand calculations. In the chapters, it does not properly explain how hand calculations go. It is very vague. A. "Buy the online Wiley version" according to Mike. Had to have it and it worked as it should for school class. Not much else to say other than I could have just paid for the online access and been just fine. Easy read lots of real life examples.
The new fifth edition has also been expanded from eight to 16 chapters, covering critical topics such as time value of money, measures of worth, depreciation, inflation, and capital rationing. It follows an integrative approach that arms them with a seven-step Systematic Evaluation and Analysis Technique as well as a strong understanding of cash flows. Practicing engineers will be able to apply these principles and techniques to make the most effective economic decisions.. This concise book provides engineers with the tools to evaluate the cost of their work and convey the project to key dec