Essentials of Engineering Economic Analysis

By Ted G. Eschenbach, Jerome P. Lavelle, Donald G. Newnan

Book Overview

Essentials of Engineering Economic Analysis, Second Edition, includes the first twelve chapters of the best-selling textbook Engineering Economic Analysis, Eighth Edition, (0-19-515152-6) by Donald G. Newnan, Jerome P. Lavelle, and Ted G. Eschenbach. This compact version introduces the fundamental concepts of engineering economics and covers essential time value of money principles for engineering projects. It isolates the problems and decisions engineers commonly face and examines the necessary tools for analyzing and solving those problems. Revised in 2001, the second edition focuses on the use of spreadsheets, teaching students to use the enormous capabilities of modern software. The majority of the chapters conclude with sections designed to help students create spreadsheets based on the material covered in each chapter. (The book's organization allows omission of spreadsheet instruction without loss of continuity.) This emphasis on spreadsheet computations provides excellent preparation for real-life engineering economic analysis problems.

New Features
BL Over sixty-five new homework problems added to the ends of chapters
BL Improved content and readability
BL Greater emphasis on the use of spreadsheets in real-life situations
BL Chapter 2, Engineering Costs and Cost Estimating--an entirely new chapter suggested by adopters--answers the question, "Where do the numbers come from?"
BL An increased focus on the MACRS depreciation method with a new section on recaptured depreciation and asset disposal
BL An updated section on after-tax replacement efforts in Chapter 12, Replacement Analysis

Supplements
BL Solutions Manual for Engineering Economic Analysis. This 350-page manual has been revised and checked by the authors for accuracy; all end-of-chapter problems are fully solved by the authors. Available free to adopting professors. (ISBN 1-57645-052-X)
BL Compound Interest Tables. A separate 32-page pamphlet with the compound interest tables from the textbook. Classroom quantities are free to adopting professors. (ISBN 0-910554-08-0)
BL Exam Files. Fourteen quizzes prepared by the authors test student knowledge of chapter content. Available free in electronic format to adopting professors. Call 1-800-280-0280 or send an email to college@oup-usa.org.
BL Instructor Lecture Notes and Overhead Transparencies. Available free in electronic format to adopting professors. Call 1-800-280-0280 or send an email to college@oup-usa.org.
BL Student's Quick Study Guide: Engineering Economic Analysis. This 320-page book features a 32-page summary of engineering economy, followed by 386 problems, each with detailed solutions. Available for purchase only. (ISBN 1-57645-050-3)

• Format: Hardcover
• Language: English
• ISBN: 0195150015
• ISBN13: 9780195150018
• Release Date: August 2001
• Publisher: Oxford University Press
• Length: 706 Pages
• Weight: 2.38 lbs.
• Dimensions: 7.6" x 1.2" x 9.4"

Customer Reviews

The Source on Engineering Economic Analysis

This book came highly recommended by an old professor and friend: John Eastman. John taught from this text for 5 or so years and corrected a few of the minor mistakes in the text. Although the problems are dated and it is generally used as a text for civil engineers, it is an outstanding text for comparing options. It begins in the basics, specifically developing in the student an understanding of the graphics. These graphics are an excellent tool to comprehending more advanced concepts of comparisons between options. Later as the text progresses, the author presents methods for handling inflation and depression and other difficult concepts. There are no flashy solutions here. The text is methodical and slow with a great number of problems and examples. As a chemical engineer, I found this to be an excellent text, even for the experienced professional looking for quick answers. You need this text on your shelf because there are few really good textbooks on economics for engineers If this review helped, please vote.