Contemporary Engineering Economics, Global Edition


Book Description

For courses in engineering and economics Comprehensively blends engineering concepts with economic theory Contemporary Engineering Economics teaches engineers how to make smart financial decisions in an effort to create economical products. As design and manufacturing become an integral part of engineers’ work, they are required to make more and more decisions regarding money. The 6th Edition helps students think like the 21st century engineer who is able to incorporate elements of science, engineering, design, and economics into his or her products. This text comprehensively integrates economic theory with principles of engineering, helping students build sound skills in financial project analysis. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.




Fundamentals of Engineering Economics


Book Description

This work offers a concise, but in-depth coverage of all fundamental topics of engineering economics.




Engineering Economic Analysis


Book Description




Secret Origins of Modern Microeconomics


Book Description

Using documents previously unavailable in English, the authors present a cohesive and original picture of French economic thought that solidly documents the contributions of Dupuit and his colleagues. Ekelund and Hebert build their argument by focusing on the development of economic theory in the peculiar milieu of postrevolutionary France in an attempt to identify the essence of the French contribution and the extent to which the French legacy benefited other economists of international acclaim. They conclude that the kinds of issues in economic theory and policy that Dupuit and his colleagues found arresting and worthy of analysis in the nineteenth century are still pertinent today and will continue to interest economists into the twenty-first century. This seminal work will be of great importance to historians of economics and all economists interested in the foundations of modern microeconomics.




The Global Economics of Sport


Book Description

Sport has become a global business. There is no corner of the Earth that isn't reached by coverage of global sporting mega-events such as the Olympics or the World Cup, events managed by international governing bodies such as the IOC and FIFA that operate like major international businesses. Companies such as Nike now design, produce, distribute and market their products across every continent, while an increasingly important part of every country's sport market is now international in terms of its influences and opportunities. This book is the first to examine the economics of contemporary sport using the global market as the primary unit of analysis. Starting with a survey of the changing nature of the sports market over the last hundred years, the book explores the difficulties of measuring the true scale and impact of the global sports economy, employing a wealth of empirical data to define and analyze the sports market and all its sub-sectors. In doing so, the book draws on case studies from the UK, Europe, North America and beyond. This book is essential reading for any student or professional with an interest in the economics of sport.




Project Valuation Using Real Options


Book Description

Business leaders are frequently faced with investment decisions on new and ongoing projects. The challenge lies in deciding what projects to choose, expand, contract, defer, or abandon, and which method of valuation to use is the key tool in the process. This title presents a step-by-step, practical approach to real options valuation to make it easily understandable by practitioners as well as senior management. This systematic approach to project valuation helps you minimize upfront investment risks, exercise flexibility in decision making, and maximize the returns. Whereas the traditional decision tools such as discounted cash flow/net present value (DCF/NPV) analysis assume a “fixed” path ahead, real options analysis offers more flexible strategies. Considered one of the greatest innovations of modern finance, the real options approach is based on Nobel-prize winning work by three MIT economists, Fischer Black, Robert Merton, and Myron Scholes.




Global Shift, Seventh Edition


Book Description

The definitive text on globalization, this book provides an accessible, jargon-free analysis of how the world economy works and its effects on people and places. Peter Dicken synthesizes the latest ideas and empirical data to blaze a clear path through the thicket of globalization processes and debates. The book highlights the dynamic interactions among transnational corporations, nations, and other key players, and their role in shaping the uneven contours of development. Mapping the changing centers of gravity of the global economy, Dicken presents in-depth case studies of six major industries. Now in full color throughout, the text features 228 figures. Companion websites for students and instructors offer extensive supplemental resources, including author videos, applied case studies with questions, lecture notes with PowerPoint slides, discipline-specific suggested further reading for each chapter, and interactive flashcards. ÿ ÿ New to This Edition: *Every chapter thoroughly revised and updated. *All 228 figures (now in color) are new or redesigned. *Addresses the ongoing fallout from the recent global financial crisis. *Discussions of timely topics: tax avoidance and corporate social responsibility; global problems of unemployment, poverty, and inequality; environmental degradation; the Eurozone crisis; and more. *Enhanced online resources for instructors and students.




Thermal Design and Optimization


Book Description

A comprehensive and rigorous introduction to thermal system designfrom a contemporary perspective Thermal Design and Optimization offers readers a lucid introductionto the latest methodologies for the design of thermal systems andemphasizes engineering economics, system simulation, andoptimization methods. The methods of exergy analysis, entropygeneration minimization, and thermoeconomics are incorporated in anevolutionary manner. This book is one of the few sources available that addresses therecommendations of the Accreditation Board for Engineering andTechnology for new courses in design engineering. Intended forclassroom use as well as self-study, the text provides a review offundamental concepts, extensive reference lists, end-of-chapterproblem sets, helpful appendices, and a comprehensive case studythat is followed throughout the text. Contents include: * Introduction to Thermal System Design * Thermodynamics, Modeling, and Design Analysis * Exergy Analysis * Heat Transfer, Modeling, and Design Analysis * Applications with Heat and Fluid Flow * Applications with Thermodynamics and Heat and Fluid Flow * Economic Analysis * Thermoeconomic Analysis and Evaluation * Thermoeconomic Optimization Thermal Design and Optimization offers engineering students,practicing engineers, and technical managers a comprehensive andrigorous introduction to thermal system design and optimizationfrom a distinctly contemporary perspective. Unlike traditionalbooks that are largely oriented toward design analysis andcomponents, this forward-thinking book aligns itself with anincreasing number of active designers who believe that moreeffective, system-oriented design methods are needed. Thermal Design and Optimization offers a lucid presentation ofthermodynamics, heat transfer, and fluid mechanics as they areapplied to the design of thermal systems. This book broadens thescope of engineering design by placing a strong emphasis onengineering economics, system simulation, and optimizationtechniques. Opening with a concise review of fundamentals, itdevelops design methods within a framework of industrialapplications that gradually increase in complexity. Theseapplications include, among others, power generation by large andsmall systems, and cryogenic systems for the manufacturing,chemical, and food processing industries. This unique book draws on the best contemporary thinking aboutdesign and design methodology, including discussions of concurrentdesign and quality function deployment. Recent developments basedon the second law of thermodynamics are also included, especiallythe use of exergy analysis, entropy generation minimization, andthermoeconomics. To demonstrate the application of important designprinciples introduced, a single case study involving the design ofa cogeneration system is followed throughout the book. In addition, Thermal Design and Optimization is one of the best newsources available for meeting the recommendations of theAccreditation Board for Engineering and Technology for more designemphasis in engineering curricula. Supported by extensive reference lists, end-of-chapter problemsets, and helpful appendices, this is a superb text for both theclassroom and self-study, and for use in industrial design,development, and research. A detailed solutions manual is availablefrom the publisher.




The Ethical Engineer


Book Description

An exploration of the ethics of practical engineering through analyses of eighteen rich case studies The Ethical Engineer explores ethical issues that arise in engineering practice, from technology transfer to privacy protection to whistle-blowing. Presenting key ethics concepts and real-life examples of engineering work, Robert McGinn illuminates the ethical dimension of engineering practice and helps students and professionals determine engineers’ context-specific ethical responsibilities. McGinn highlights the “ethics gap” in contemporary engineering—the disconnect between the meager exposure to ethical issues in engineering education and the ethical challenges frequently faced by engineers. He elaborates four “fundamental ethical responsibilities of engineers” (FEREs) and uses them to shed light on the ethical dimensions of diverse case studies, including ones from emerging engineering fields. The cases range from the Union Carbide pesticide plant disaster in India to the Google Street View project. After examining the extent to which the actions of engineers in the cases align with the FEREs, McGinn recapitulates key ideas used in analyzing the cases and spells out the main lessons they suggest. He identifies technical, social, and personal factors that induce or press engineers to engage in misconduct and discusses organizational, legal, and individual resources available to those interested in ethically responsible engineering practice. Combining probing analysis and nuanced ethical evaluation of engineering conduct in its social and technical contexts, The Ethical Engineer will be invaluable to engineering students and professionals. Meets the need for engineering-related ethics study Elaborates four fundamental ethical responsibilities of engineers Discusses diverse, global cases of ethical issues in established and emerging engineering fields Identifies resources and options for ethically responsible engineering practice Provides discussion questions for each case




Art of the Deal


Book Description

Art today is defined by its relationship to money as never before. Prices of living artists' works have been driven to unprecedented heights, conventional boundaries within the art world have collapsed, and artists now think ever more strategically about how to advance their careers. Artists no longer simply make art, but package, sell, and brand it. Noah Horowitz exposes the inner workings of the contemporary art market, explaining how this unique economy came to be, how it works, and where it's headed. He takes a unique look at the globalization of the art world and the changing face of the business, offering the clearest analysis yet of how investors speculate in the market and how emerging art forms such as video and installation have been drawn into the commercial sphere. By carefully examining these developments against the backdrop of the deflation of the contemporary art bubble in 2008, "Art of the Deal" is a must-read book that demystifies collecting and investing in today's art market.