Includes bibliographical references (pages 725-726) and index.

1. Foundations of engineering economy -- 2. Factors: how time and interest affect money -- 3. Combining factors -- 4. Nominal and effective interest rates -- 5. Present worth analysis -- 6. Annual worth analysis -- 7. Rate of return analysis: single alternative -- 8. Rate of return analysis: multiple alternatives -- 9. Benefit/cost analysis and public sector economics -- 10. Making choices: the method, marr, and multiple attributes -- 11. Replacement and retention decisions -- 12. Selection from independent projects under budget limitation -- 14. Effects of inflation -- 15. Cost estimation and indirect cost allocation -- 16. Depreciation methods -- 17. After-tax economic analysis -- 18. Formalized sensitivity analysis and expected -- 19. More on variation and decision making under risk.

"Engineering Economy, 6th edition , provides undergraduate students and practicing professionals with a solid preparation in the financial understanding of engineering problems and projects, as well as the techniques needed for evaluating and making sound economic decisions. Information on cost estimation, depreciation, and taxes has been updated to conform to new tax laws. Eighty percent of the end-of-chapter problems are revised or new to this edition.

Distinguishing pedagogical characteristics of this market-leading text include its easy-to-read writing style, chapter objectives, worked examples, integrated spreadsheets, case studies, Fundamentals of Engineering (FE) exam questions, and numerous new end-of-chapter problems. Graphical cross-referencing is indicated so users are able to locate additional material on any one subject in the text. Quick-solve (Q-Solv) and Excel-solve (E-Solve) icons found in the text indicate the difficulty of a problem, example, or spreadsheet."--pub. desc.