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Published: 09 August 2010

672 Pages | 310 illus.

7-1/2 x 9-1/4 inches

ISBN: 9780199772766

Bookseller Code (04)

Companion website

Engineering Economy

Applying Theory to Practice

Third Edition

Ted Eschenbach

  • Conceptual linking of theory and practice
  • An emphasis on mutually exclusive alternatives while maintaining the discussion of constrained project selection
  • Pedagogical support for students
  • A thorough integration of modern computational tools

New to this Edition:

  • A complete casebook on the in-text CD. Cases in Engineering Economy, Second Edition, by William Peterson and Ted G. Eschenbach (with contributed cases from 13 other professors of engineering economics) provides 54 robust, real-world cases. Each chapter is keyed to the cases--making it quick and easy to integrate them into courses--and complete solutions are available to instructors upon adoption.
  • A new appendix on using financial calculators. Appendix B demonstrates how using financial calculators, while requiring the same conceptual understanding as tables, can be a great time saver.
  • Further spreadsheet integration into topical coverage throughout the book. Chapter 10 now includes a spreadsheet approach that greatly simplifies the task of finding the optimal economic life.
  • Expanded ethics coverage added to the decision-making discussion in Chapter 1.
  • Topical coverage throughout updated and refined. Chapter 12 now includes the 50% initial "bonus" depreciation that has been used to stimulate economic activity; Chapter 18 now overviews real options; and Chapter 5 now includes simple formulae for perpetual economic gradient, perpetual arithmetic gradient, and perpetual annual series.
  • A set of FE exam practice problems in the new Appendix D.

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