Applied Economic Analysis for Technologists, Engineers, and Managers

Applied Economic Analysis for Technologists, Engineers, and Managers

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For courses in Economic Analysis and Engineering Economics taught out of departments of engineering, technology or engineering technology.This book provides a practical approach to making integrated financial decisions in contemporary organizations. While mathematics is used throughout, the focus of this text is the application of the math techniques in real-world settings. Examples, Questions, Problems, and Discussion Cases balance quantitative analysis, team-based decisions, technical factors, and qualitative more

Product details

  • Hardback | 607 pages
  • 187.96 x 228.6 x 33.02mm | 1,065.94g
  • Pearson Education (US)
  • Pearson
  • Upper Saddle River, NJ, United States
  • English
  • 2nd edition
  • 0130945110
  • 9780130945112

Back cover copy

The new edition of Applied Economic Analysis, for Technologists, Engineers, and Managers focuses on classic engineering economy topics such as time value of money, project and investment analysis, depreciation, taxes, and asset replacement for contemporary organizations, projects, and individuals. Rich with applied examples, this text provides a practical approach to making integrated financial decisions in contemporary organizations. New features of the second edition include: Additional questions, problems, and case studies to emphasize learning and applications. Revised and added topics on incremental analysis, risk, probability, uncertainty, and six sigma cost improvement techniques. Important equations printed inside the book cover. Important topics such as operating cash flow and financial ratios have been updated and rearranged to be more user-friendly. An improved and expanded instructor's manual and a student study guide that includes a comprehensive case study paralleling the topics in this text, study suggestions, and solutions to the odd-numbered end-of-chapter more

Table of contents

I. FINANCIAL CONCEPTS. 1. Introduction to Financial Decisions. 2. Introduction to Financial Statements and the Accounting Equation. 3. The Accounting Equation-Depreciation, Inventory, and Ratios. II. FINANCIAL ANALYSIS AND TIME VALUE OF MONEY. 4. Return on Investment and Single-Payment Calculations. 5. Annual Amount and Gradient Functions. 6. Time Value of Money Applications. 7. Analyzing, Selecting, Monitoring, and Evaluating Projects and Investments. III. FINANCIAL DECISION MAKING. 8. Breakeven Analysis. 9. Minimum Cost Analysis. 10. Replacement Analysis. 11. Taxes. IV. CONTINUOUS FINANCIAL IMPROVEMENT. 12. Economics of Quality. 13. Continuous Financial Improvement. Epilogue. Appendix A: Answers to Odd-Numbered Problems. Appendix B: Interest Tables. Appendix C: Effective Interest Rates. more

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6 ratings
3.5 out of 5 stars
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4 50% (3)
3 0% (0)
2 33% (2)
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