Engineering Economy for Decision Making

Catalog description

Applies economic and financial analysis to engineering projects and the operation of the firm. Concepts and methods help engineering and technology managers to make investment and funding decisions regarding projects, programs, products, business expansions, and other alternatives using the financial calculations involving time value of money, uncertainty, and risk. Topics include mutually exclusive projects, net present value, rate of return, constrained project selection, and the effect of taxes and depreciation on project analysis.