Global Engineering Economics: Financial Decision Making for Engineers is designed for teaching a course on engineering economics to match engineering practice today. It recognizes the role of the engineer as a decision maker who has to make and defend sensible decisions. Such decisions must not only take into account a correct assessment of costs and benefits, they must also reflect an understanding of the environment in which the decisions are made. The 4th edition has a new global perspective and presents examples and problems in a global environment.
Chapter
1. Engineering Decision Making
Chapter
2. Time Value of Money
Chapter
3. Cash Flow Analysis
Appendix 3A. Continuous Compounding and Continuous Cash Flows
Appendix 3B. Derivation of Discrete Compound Interest Factors
Chapter
4. Comparison Methods - Part 1
Appendix 4A. The MARR and the Cost of Capital
Chapter
5. Comparison Methods - Part 2
Appendix 5A. Tests for Multiple IRRs
Chapter
6. Depreciation and Financial Accounting
Chapter
7. Replacement Decisions
Chapter
8. Taxes
Appendix 8A. Deriving the Capital Cost Tax Factors
Chapter
9. Inflation
Appendix 9A. Computing a Price Index
Chapter
10. Public Sector Decision Making
Chapter
11. Dealing with Uncertainty: Sensitivity Analysis
Chapter
12. Dealing with Risk: Probability Analysis
Chapter
13. Qualitative Considerations and Multiple Criteria
Appendix 13A. Calculating the Consistency Ratio for AHP
Appendix A. Compound Interest Factors for Discrete Compounding, Discrete Cash
Flows
Appendix B. Compound Interest Factors for Continuous Compounding, Discrete
Cash Flows
Appendix C. Compound Interest Factors for Continuous Compounding, Continuous
Compounding Periods
Appendix D. Answers to Selected Problems
