Economics Engineering Book


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Principles of Engineering Economics with Applications


Principles of Engineering Economics with Applications

Author: Zahid A. Khan

language: en

Publisher: Cambridge University Press

Release Date: 2018-10-18


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Covering detailed discussion of fundamental concepts of economics, the textbook commences with comprehensive explanation of theory of consumer behavior, utility maximization and optimal choice, profit function, cost minimization and cost function. The textbook covers methods including present worth method, future worth method, annual worth method, internal rate of return method, explicit re-investment rate of return method and payout method useful for studying economic studies. A chapter on value engineering discusses important topics such as function analysis systems techniques, the value index, value measurement techniques, innovative phase and constraints analysis in depth. It facilitates the understanding of the concepts through illustrations and solved problems. This text is the ideal resource for Indian undergraduate engineering students in the fields of mechanical engineering, computer science and engineering and electronics engineering for a course on engineering economics/engineering economy.

ENGINEERING ECONOMICS


ENGINEERING ECONOMICS

Author: R. PANNEERSELVAM

language: en

Publisher: PHI Learning Pvt. Ltd.

Release Date: 2001-01-01


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Designed as a text book for undergraduate students in various engineering disciplines - mechanical, civil and industrial engineering - and for postgraduate students in industrial engineering and water resource management, this comprehensive and well-organized book shows how complex economic decisions can be made from a number of given alternatives. It provides the managers not only a sound basis but also a clear-cut approach to decision making. These decisions will ultimately result in minimizing costs and/or maximizing benefits to their organizations. What is more, the book adequately illustrates these approaches with numerical problems and Indian cases. After giving an overview of the subject, the text discusses, in a simple and easy-to-read style, such topics as interest formulas and their applications, methods like present worth method of comparison, future worth method, annual equivalent method, rate of return method, and evaluation of public alternatives. Besides, it deals with depreciation, inflation adjusted decisions, and inventory control. Finally, the book analyzes other important areas, for instance, make or buy decision, project management, value analysis/value engineering, and linear programming. A distinguishing feature of the book is that it has an Appendix on interest tables for a wide range of interest rates (0.25% - 50%) and for a period ranging from one year to 100 years. This book, which is profusely illustrated with worked-out examples and diagrams, should prove extremely useful not only as a text book but also as a reference for those offering courses in such management areas as project management, production management and financial management.

Engineering Economics and Economic Design for Process Engineers


Engineering Economics and Economic Design for Process Engineers

Author: Thane Brown

language: en

Publisher: CRC Press

Release Date: 2016-04-19


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Engineers often find themselves tasked with the difficult challenge of developing a design that is both technically and economically feasible. A sharply focused, how-to book, Engineering Economics and Economic Design for Process Engineers provides the tools and methods to resolve design and economic issues. It helps you integrate technical a