Principles of Engineering Economy

by William G. Areson, William G. Ireson, Eugene L. Grant, et al.

Book Overview

The Eighth Edition of the standard engineering economy text and reference explains the principles and techniques needed for making decisions about the acquisition and retirement of capital goods by industry and government, as well as alternative types of financing and other applications. Arranged in four parts: basic concepts, principles, and mathematics; procedures and methods for evaluating alternatives; techniques for handling special situations;...

• Format: Hardcover
• Language: English
• ISBN: 047163526X
• ISBN13: 9780471635260
• Release Date: January 1990
• Publisher: Wiley
• Length: 608 Pages
• Weight: 0.05 lbs.
• Dimensions: 1.6" x 7.5" x 10.1"

Customer Reviews

This is an outstanding textbook on capital budgeting.

Eugene Grant's textbook offers a sound, theoretically accurate, and mathematically rigorous treatment of the economic analysis of investment projects (capital budgeting). Though a bit more verbose than Harold Bierman Jr's classic work, Eugene Grant provides an abundant quantity of demanding end-of-chapter problems that will turn the diligent student into a capital budgeting expert.

The text and the style of writing is somehow difficult.

What I want to mention hear is not aboat the contents of the book. I found the text and the style of writing somehow difficult for someone who knows English as a second language. Although my English is good, I still had some problems. My friends who are not so strong in English had lots of problems and many of them failed to finish the book. All in all, compared to other books from the publisher, the text is difficult and has to be simplified. I hope for the next edition of the book, the publisher and writers would take it into acount.