For courses in Economic Analysis and Engineering Economics taught out of departments of engineering, technology or engineering technology.
This book provides a practical approach to making integrated financial decisions in contemporary organizations. While mathematics is used throughout, the focus of this text is the application of the math techniques in real-world settings. Examples, Questions, Problems, and Discussion Cases balance quantitative analysis, team-based decisions, technical factors, and qualitative information.
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The new edition of Applied Economic Analysis, for Technologists, Engineers, and Managers focuses on classic engineering economy topics such as time value of money, project and investment analysis, depreciation, taxes, and asset replacement for contemporary organizations, projects, and individuals. Rich with applied examples, this text provides a practical approach to making integrated financial decisions in contemporary organizations.
New features of the second edition include:
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