Description
Basics of Engineering Economy is a foundational textbook designed for students and professionals seeking to master the principles of financial analysis in engineering contexts. Written by Professor Emeritus Leland T. Blank and Anthony Tarquin, this McGraw Hill publication delivers clear explanations of time value of money, present worth analysis, and rate of return calculations.
The book addresses critical concepts including cash flow analysis, benefit-cost analysis, and break-even point determination. Each chapter combines theoretical foundations with real-world examples, enabling readers to understand how engineering economy principles apply to contemporary projects and investments. The structured approach progresses from basic concepts to more complex decision-making scenarios.
Ideal for engineering students and professionals, this text serves as both a learning resource and a practical reference guide. The comprehensive coverage ensures readers develop competency in evaluating engineering alternatives and making economically sound decisions in their professional endeavors.
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