Download Basics of Engineering Economy (2nd Edition) written by Leland Blank, Anthony Tarquin in PDF format. This book is under the category Economics and bearing the isbn/isbn13 number 73376353/9780073376356. You may reffer the table below for additional details of the book.
Description
Basics of Engineering Economy (2nd Edition) by Leland Blank and Anthony Tarquin is a comprehensive and essential textbook for engineering students and professionals alike. This book provides a thorough introduction to the principles and techniques of engineering economy, a vital field that helps engineers make informed decisions regarding the economic viability of projects.
The authors, both highly respected in the field, have crafted a well-structured and accessible book that covers all the fundamental concepts of engineering economy. The second edition builds upon the success of the first edition, incorporating new examples, case studies, and exercises to enhance the learning experience.
The book begins with an introduction to engineering economy, explaining its importance in decision-making processes. It then delves into the basics of time value of money, which is crucial for understanding the financial aspects of engineering projects. The authors explain concepts such as interest, inflation, and cash flow diagrams in a clear and concise manner, ensuring that readers grasp these fundamental principles.
One of the strengths of Basics of Engineering Economy is its emphasis on practical application. The authors provide numerous real-world examples and case studies throughout the book, allowing readers to see how engineering economy principles are applied in various industries and scenarios. This practical approach helps readers develop a deeper understanding of the subject matter and prepares them for real-world decision-making.
The book covers a wide range of topics, including cost concepts, equivalence, rate of return analysis, depreciation, taxes, and risk analysis. Each topic is explained in detail, with step-by-step calculations and examples to illustrate the concepts. The authors also provide helpful tips and guidelines for conducting economic analyses, ensuring that readers have the necessary tools to evaluate the financial viability of engineering projects.
Basics of Engineering Economy also includes a chapter on ethics, highlighting the importance of ethical considerations in engineering decision-making. This chapter encourages readers to think beyond financial factors and consider the social and environmental impacts of their projects. By incorporating ethical discussions into the book, the authors encourage readers to become responsible and conscientious engineers.
The second edition of Basics of Engineering Economy features a variety of learning aids to enhance the educational experience. Each chapter includes learning objectives, summaries, and review questions to help readers reinforce their understanding of the material. The book also includes a comprehensive appendix with useful tables, formulas, and conversion factors, making it a valuable reference tool for practicing engineers.
In conclusion, Basics of Engineering Economy (2nd Edition) by Leland Blank and Anthony Tarquin is an indispensable resource for anyone studying or working in the field of engineering. The book provides a solid foundation in engineering economy principles, equipping readers with the knowledge and skills to make informed and economically sound decisions. With its practical approach, real-world examples, and comprehensive coverage, this book is an invaluable asset for engineers seeking to excel in their profession.
