Fundamentals of Economics for Applied Engineering

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S. Kant Vajpayee (University of Southern Mississippi, USA) MD Sarder (Bowling Green State University, USA)

Fundamentals of Economics for Applied Engineering

S. Kant Vajpayee (University of Southern Mississippi, USA), MD Sarder (Bowling Green State University, USA)

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English

CRC Press
14 August 2019

Product design; Production & quality control management; Engineering: general; Automatic control engineering; Civil engineering, surveying & building

"An easy-to-follow contemporary engineering economics text that helps making sound economic decisions without advanced mathematics.

This one-semester introduction to the fundamentals of engineering economics provides an overview of the basic theory and mathematics underlying operational business decisions that engineering technology, engineering, and industrial technology students will face in the workplace. A basic knowledge of economics empowers a manager to balance costs with production.

This new edition of Fundamentals of Economics for Engineering Technologists and Engineers is written in plain language. Concepts have been simplified and kept straightforward with an emphasis on ""how to apply"" economic principles.

Practical examples as a tool for managing business data and giving detailed analysis of business operations. throughout the text make good use of Microsoft Excel templates, provided on the book’s companion website, for students. Chapter-end exercises provide discussion and multiple-choice questions along with numerical problems, and a solutions manual and instructor resources is given for adopting instructors."

By: S. Kant Vajpayee (University of Southern Mississippi USA), MD Sarder (Bowling Green State University, USA)
Imprint: CRC Press
Country of Publication: United Kingdom
Edition: 2nd edition
Dimensions: Height: 254mm, Width: 178mm,
Weight: 912g
ISBN: 9780367189471
ISBN 10: 036718947X
Pages: 450
Publication Date: 14 August 2019
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Paperback
Publisher's Status: Active

1. Introduction 2. Cashflows 3. Single payment 4. Multiple payments 5. Payback period 6. Time value of money 7. Rate of return 8. Benefit-cost ratio 9. Comparison 10. Depreciation 11. Income tax 12. Replacement analysis 13. Break even analysis 14. Risk analysis 15. Other considerations

Dr. S. Kant Vajpayee is a professor emeritus at the University of Southern Mississippi. He is a distinguished educator, who has served in academia for more than 30 years. He has authored multiple textbooks in the area of engineering economics and computer integrated manufacturing, and he has taught engineering economics since the 1980s. Dr. MD Sarder is a professor and chair of Engineering Technologies at Bowling Green State University. He has worked at the U.S. Air Force Academy as a distinguished research fellow, and as an associate professor and graduate program director at the University of Southern Mississippi. He has authored three books, and has developed a BS program and an MS program in logistics, a research center on logistics trade & transportation, and numerous undergraduate and graduate level courses. He founded a division of Logistics and Supply Chain within the Institute of Industrial & Systems Engineers and has served as the editor in chief for the International Journal of Logistics and Transportation Research.