Book Description

Highly regarded by professors and students alike , Engineering Economic Analysis, Eighth Edition, introduces the fundamental concepts of engineering economics. Written for standard engineering economics courses, this bestselling volume by Donald G. Newnan, Jerome P. Lavelle, and Ted G. Eschenbach covers essential time value of money principles for engineering projects and isolates the problems and decisions engineers commonly face. It also examines the tools necessary to properly analyze and solve those problems. Revised in 2000, the eighth edition focuses on the use of spreadsheets, teaching students to use the enormous capabilities of modern software, rather than relying on spreadsheet templates. The majority of the chapters conclude with sections designed to help students create spreadsheets based on the material covered in each chapter. The book's organization gives professors the flexibility to omit spreadsheet instruction without loss of continuity (accommodating shorter courses) or to require that all computations be done with spreadsheets, thus preparing students to use this essential tool for real-life problems.