Engineering Economy: Applying Theory to Practice

This innovative engineering economy text features spreadsheets, pedagogical graphs, and practical examples for immediate student and industry application. It combines the real-world orientation of Eschenbach's pioneering casebook, Cases in Engineering Economy, with the theoretical foundation of his second edition of Bussey's classic advanced text, The Economic Analysis of Industrial Projects. Eschenbach's Engineering Economy: Applying Theory to Practice thoroughly covers the basics of engineering economy that are included in every course and covered in the FE exam. It also includes the tools and concepts--such as cost estimating, sensitivity analysis, probability, and multiple objectives--that are needed to successfully apply engineering economy in industry practice outside the classroom. This text was designed to emphasize the strengths of traditional factors and of spreadsheet coverage.