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ENGINEERING ECONOMY ~ Engineering economics deals with the methods that enable one to take economic decisions towards minimizing costs and/or maximizing benefits to business organizations. Scope The issues that are covered in this book are elementary economic analysis, interest formulae, bases for comparing alternatives, present worth method, future worth method, annual
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Engineering Economy, 7th Ed. ~ Preface to Seventh Edition xiii LEARNING STAGE 1 THE FUNDAMENTALS Chapter 1 Foundations of Engineering Economy 2 1.1 Engineering Economics: Description and Role in Decision Making 3 1.2 Performing an Engineering Economy Study 4 1.3 Professional Ethics and Economic Decisions 7 1.4 Interest Rate and Rate of Return 10
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