For engineering economics courses, found in departments of industrial, Civil, Mechanical, and Electrical Engineering. From the author of the best-selling contemporary engineering economics text, fundamentals of engineering economics offers a concise, but in-depth coverage of all fundamental topics of engineering economics.\nfeatures: \n1. Interior design: enhances usability and includes annotated Excel spreadsheets.\n2. Chapter-opening vignettes: \neach Chapter opens with a real economic vignette describing how an individual decision maker or actual Corporation has wrestled with the issues discussed in the br>Chapter these opening cases heighten students’ interest by pointing out the real-world relevance and applicability of what might otherwise seem to be dry technical material.\n3. Real-world examples that are relevant to all engineering disciplines: applications show relevance of the material to student's everyday lives.\n4. Chan Park's renowned Authoring style: Chan Park tells the story of engineering economics through engaging scenarios and his hallmark student-friendly writing style.\ntable of Contents: Part 1: Understanding money and its management\nChapter 1: Engineering economic decisions\nChapter 2: Time value of money \nChapter 3: Understanding money management\nChapter 4: Equivalence calculations under inflation Part 2: evaluating business and engineering assets\nChapter 5: present-worth analysis\nChapter 6: annual-equivalence analysis\nChapter 7: rate-of-return analysis \nChapter 8: benefit—cost analysis\npart 3: development of project cash flows \nChapter 9: Accounting for depreciation and income taxes \nChapter 10: Project Cash-Flow analysis\nChapter 11: handling project uncertainty part 4: Special topics in Engineering economic Chapter 12: replacement decisions br>Chapter 13: Understanding financial statements.