Engineering Economy

Description The book, meant for an introductory course for undergraduatestudents, explains and demonstrates the principles and techniquesof engineering economic analysis as applied in different fields ofengineering. The coverage includes o Comprehensive coverage of engineering economy concepts anddecision-making tools and techniques o Fundamental economic laws and theories illustrated throughexamples o Detailed solutions of present worth, future worth, annualworth, equivalent worth, rate of return, depreciation cost andbenefit-cost ratio analysis o Exhaustive examination of project management and forecastingmethods o Engineering economy analysis and methodology, explainedthrough real-world examples The book also features o 163 solved examples o 326 unsolved problems and review questions Preface Chapter - 1 Engineering Economy: A Prologue Chapter - 2 Fundamentals of Mathematics and EngineeringEconomics Chapter - 3 Elementary Economic Analysis Chapter - 4 Interest Formulas and Their Applications Chapter - 5 Methods For Making Economy Studies Chapter - 6 Selection Among Alternatives Chapter - 7 Replacement and Retention Decisions Chapter - 8 Depreciation Chapter - 9 Economic Evaluation of Public Sector Projects Chapter - 10 Economy Study With Inflation Considered Chapter - 11 Make Or Buy Decision Chapter - 12 Project Management Chapter - 13 Value Engineering Chapter - 14 Forecasting References Index Dr Zahid A Khan is an Associate Professor,Mechanical Engineering Department, Jamia Milia Islamia University,New Delhi Dr Arshad Noor Siddique is an Associate Professor,Mechanical Engineering Department, Jamia Milia Islamia University,New Delhi Dr Brajesh Kumar is an Associate Professor,National Institute of Financial Management, Faridabad