In this Fundamentals Of Engineering Economics 4th Edition PDF, the authors learned to master the fields of engineering economics and economics. Armed with knowledge, they took on a series of projects that include interest-rate structures, power-costing structures, purchase price structures, and more.
About the Author
Chan S. Park is currently a Professor of Industrial and Systems Engineering at Auburn University. He received the M.S. and Ph.D. degrees in industrial engineering from Purdue University and the Georgia Institute of Technology, respectively. Over his 25-year academic career, he has been actively involved in a variety of areas of research, teaching, and professional consulting. His work has been recognized internationally in the fields of engineering economics, strategic and economic decisions within service sectors, financial engineering (real options valuation), risk analysis, and capital budgeting. He also authored or coauthored leading textbooks on the related subjects, including Contemporary Engineering Economics (Prentice Hall), and Advanced Engineering Economics (John Wiley & Sons). He is the Editor-in-Chief of the journal The Engineering Economist and is a licensed Professional Engineer.
Publisher: Pearson; 4th edition
Publication date: March 2, 2018
Page length: 736 pages
What they offer is an in-depth look at how to make the best decisions for your project by knowing everything from what incentives matter to determining how cost decreases should be calculated.
Throughout, the authors provide their readers with insight on how technology and competition can impact costs and efforts. They also explore a host of topics related to project financing and start-up companies.
‘This book is a one-stop guide for getting past such technical details as perfecting your budgeting, calculating construction costs, and selecting the right trade contractors.’
This is a great book for anyone who wants to understand the economic aspects of their projects. It will be especially useful for college students and working professionals who want to learn about finance and economics. The knowledge gained in this book will help make your projects more profitable as well as improve efficiency.