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Engineering Economy (14th Edition), by William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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This best-selling book provides a sound understanding of the principles, basic concepts, and methodology of engineering economy. This user-friendly book is extensively revised and updated to reflect current trends and issues, with an emphasis on the economics of engineering design throughout. A useful reference for engineers interested in reviewing the basic principles of engineering economy.
- Sales Rank: #821921 in Books
- Published on: 2008-05-13
- Original language: English
- Number of items: 1
- Dimensions: 9.34" h x 1.20" w x 7.64" l, 2.60 pounds
- Binding: Hardcover
- 696 pages
Review
"Adopters who want to teach their students how to solve the problems they are likely to encounter on the FE should be happy with Sullivan... Sullivan has passed the test of time for good reasons." — William Shughart, University of Mississippi
"I think that Sullivan et al. is clearer and easier to read than some of the other texts. It sticks to application more than theory and has a lot of examples and problems." — Karen Bursic, University of Pittsburgh
"There is a wealth of end-of-chapter problems that are both well done and written in a way that students, in general, understand what is being asked. The text has proven the test of time and has been honed to a fine edge." — Patrick Knelling, Virginia Polytechnic Institute
From the Publisher
Used by over 500,000 students, this best-selling text provides a sound understanding of the principles, basic concepts, and methodology of engineering economy. Built upon the rich and time-tested teaching materials of earlier editions, it is extensively revised and updated to reflect current trends and issues, with an emphasis on the economics of engineering design throughout. It provides one of the most complete and up to date studies of this vitally important field.
From the Back Cover
Engineering Economy
Fourteenth Edition
William G. Sullivan
Elin M. Wicks
C. Patrick Koelling
A succinct job description for an engineer consists of just two words: problem solver. Broadly speaking, engineers use knowledge to find new ways of doing things economically. Engineering design solutions do not exist in a vacuum, but within the context of a business opportunity. Truly, every problem has multiple solutions, so the question is, “How does one rationally select the design solution with the most favorable economic result?” The answer to this question can also be put forth in two words: engineering economy. This field of engineering provides a systematic framework for evaluating the economic aspects of competing design solutions. Just as engineers model the stress on a support column or the thermodynamic properties of a steam turbine, they must also model the economic impact of their engineering recommendations. Engineering economy is the subject of this textbook.
Highlights of Engineering Economy, Fourteenth Edition:
× Fifty percent of end-of-chapter problems are new or revised.
× A bank of algorithmically generated test questions is available to adopting instructors.
× Fundamentals of Engineering (FE) exam-style questions are included among the end-of-chapter problem sets.
× Spreadsheet models are integrated throughout.
× An appendix on the basics of accounting is included in Chapter 2.
× Chapter 3 on Cost Estimation appears early in the book.
× An appendix on techniques for using Excel in engineering economy is available for reference.
× Numerous comprehensive examples and case studies appear throughout the book.
× Extended learning exercises appear in most chapters.
× Personal finance problems are featured in most chapters.
× Many pointers to relevant Web sites are provided.
ISBN-13: 978-0-13-614297-3
ISBN-10: 0-13-614297-4
Most helpful customer reviews
0 of 0 people found the following review helpful.
Good Book
By Cameron
A good book actually. Might be able to go without it though if you copy/print the tables in the back and take them to class. I honestly did not even read much of the book itself, maybe a little for reference. Pretty easy class IMO. Rent this book, don't buy it. You will not need it or even want to look at it after the class is over.
1 of 1 people found the following review helpful.
Not for serious classes
By J.B.
If you are an economics student who already has a few classes under your belt, then you'll probably be fine with this book. As someone who has not, and was required to take this class, it was a HORRIBLE book to learn from. There is no step by step to this book, it just writes out question and then has the answer. Does not give you the details at all. Similarly, it will have a page or so for each section within the chapter and then 12 practice questions that are completely different.
Bottom line is if your professor requires this book, consider a different professor. If your school uses this book, they aren't serious about engineering economy.
1 of 1 people found the following review helpful.
Good theory book
By Jason R Walter
Used in for a mechanical engineering course elective. This was the required text and there are a couple newer versions of this text that I saw but there isn't much change other than page numbering. For the most part the book is good at presenting a method or theory and then having clear examples that follow and give a good explanation. For the most part this is a good book but other than being a required text or just wanting it for a general interest a newer version of the book would probably be what you'll be picking up.
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