Engineering Economy 8th Edition
This new edition includes the time-tested approach and topics of previous editions and introduces significantly new print and electronic features useful to learning about and successfully applying the exciting field of engineering economics. Money makes a huge difference in the life of a corporation, an individual, and a government. Learning to understand, analyze, and manage the money side of any project is vital to its success. To be professionally successful, every engineer must be able to deal with the time value of money, economic facts, inflation, cost estimation, tax considerations, as well as spreadsheet and calculator use. This book is a great help to the learner and the instructor in accomplishing these goals by using easy-to-understand language, simple graphics, and online features.
What’s New and What’s Best
This eighth edition has new digital features and retains the time-tested features that make the book reliable and easy to use. Plus the supporting online materials are updated to enhance the teaching and learning experience.
Exciting new features in print:
• All new end-of-chapter problems
• Expanded questions for either review or preparation for the Fundamentals of Engineering (FE) Exam
Valuable new features in digital content:
• McGraw-Hill Connect
• Online video presentations with closed captioning to serve as learning support tools
• Algorithmic end-of chapter problems that present a new set of parameters and estimates every time the problem is opened
• SmartBook, an adaptive reading experience
Familiar features retained in this edition:
• Easy-to-read language
• End-of-chapter case studies
• Ethical considerations in economic analyses
• Progressive examples for improved understanding of concepts
• Hand and spreadsheet example solutions
• Spreadsheet solutions with on-image comments and Excel® functions
• Vital concepts and guidelines located in margins and appendix
• Flexible chapter ordering
How to Use This Text
This textbook is best suited for a one-semester or one-quarter undergraduate course. Students should be at the sophomore level or above with a basic understanding of engineering concepts and terminology. A course in calculus is not necessary; however, knowledge of the concepts in advanced mathematics and elementary probability will make the topics more meaningful. Practitioners and professional engineers who need a refresher in economic analysis and cost estimation will find this book very useful as a reference document as well as a learning medium.
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|November 21, 2017|
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