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 | | Principles of Engineering Economy, 8th Edition by Eugene L. Grant, W. Grant Ireson, Richard S. Leavenworth ISBN-10: 047163526X ISBN-10: 0-471-63526-X ISBN-13: 9780471635260 ISBN-13: 978-0-471-63526-0 Hardcover 1990-01-02 Wiley Find Lowest Price |
Editorials | ||
Product Description 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; and special applications. Introduces the use of computers and spreadsheets in evaluating engineering alternatives. Includes up-to-date coverage of federal tax legislation, extensive discussions and problems dealing with personal finance, and material on handling multiple alternatives by rate of return and benefit/cost ratio methods. Contains numerous examples and 476 problems, many entirely new. Accompanied by a complete solutions manual for the instructor. | ||
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. | ||