Engineering Economy, Global Edition eBook, 17th Edition

William G. Sullivan all

Engineering Economy, Global Edition eBook, 17th Edition

By William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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William G. Sullivan all
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For courses in undergraduate introductory engineering economics.

Understand the importance of engineering economics principles and how to make smart economic choices

Used by engineering students worldwide, this bestselling text provides a sound understanding of the principles, basic concepts, and methodology of engineering economy. Explanations and examples that are student-centered and practical in real-life situations help students develop proficiency in the methods and processes for making rational decisions. Built upon the rich and time-tested teaching materials of earlier editions, the text is extensively revised and updated to reflect current trends and issues. The new edition captures the spirit of environmental sustainability with more than 160 “green” problems, as well as new end-of-chapter problems and group exercises, and includes updates to the new 2017 Federal Tax code revisions.

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  • A brief basic review of simple accounting principles is included.
  • Cost estimating is emphasised in the text.
  • Real-world engineering economy analysis methodology helps students develop proficiency with the methodology and processes for making rational decisions in situations they are likely to encounter in professional practice.
  • Many spreadsheet models and examples integrated throughout the text include hand-worked and computer solutions with spreadsheets, allowing students to see both techniques side by side.
  • Internet-accessible electronic spreadsheets provide approximately 50 basic templates for all major topics in the text, and summarise formulas and key concepts.
  • Expanded—Treatment of the economic aspects of engineering design is featured.
  • Revised—Appendix A, a description of accounting fundamentals, is now part of the book.
  • FE Practice Problems are multiple-choice questions that appear at the end of each chapter to help prepare engineering students for milestone examinations like the Fundamentals of Engineering written examination.
  • Case studies with end-of-chapter questions allow students to see how concepts are applied in the real world, while encouraging them to hone their writing and critical thinking skills.
  • Expanded- “Try Your Skills” problem sets double in count for Chapters 1—8 and appear for Chapters 9 through 11.
  • New-Group in-class problem exercises are ideal for in-class, team-based problem solving with three to four students in each group and appear in the majority of chapters.
  • Updated - Over 900 examples, solved problems and end-of-chapter problems include 70 “Try Your Skills” problems in selected chapters, with full solutions given in Appendix G.
  • Over 160 Green Engineering problems appear as a subset of the book’s 750 problems and have been integrated throughout this edition. Many of the problems incorporate energy conservation in commonly experienced situations with which students can identify.
Table of contents
  • CHAPTER 1 Introduction to Engineering Economy
  • CHAPTER 2 Cost Concepts and Design Economics
  • CHAPTER 3 Cost-Estimation Techniques
  • CHAPTER 4 The Time Value of Money
  • CHAPTER 5 Evaluating a Single Project
  • CHAPTER 6 Comparison and Selection among Alternatives
  • CHAPTER 7 Depreciation and Income Taxes
  • CHAPTER 8 Price Changes and Exchange Rates
  • CHAPTER 9 Replacement Analysis
  • CHAPTER 10 Evaluating Projects with the Benefit−Cost Ratio Method
  • CHAPTER 11 Breakeven and Sensitivity Analysis
  • CHAPTER 12 Probabilistic Risk Analysis
  • CHAPTER 13 The Capital Budgeting Process
  • CHAPTER 14 Decision Making Considering Multiattributes