Engineering Economics

Author: Zhao Guojie
Publisher:
Publish Date: 2005-12-06
Features: This book reviews the history of engineering economics, compares the perspectives and objectives of different schools of thought, and constructs a new analytical framework and theoretical platform focused on project economics. It systematically and deeply introduces the time value of money, economic evaluation indicators, and uncertainty analysis. It emphasizes new solutions for optimal selection under mutually exclusive, independent, and hierarchical relationships, as well as new principles and methods for equipment replacement analysis. Finally, it concisely introduces technical evaluation, social evaluation, and environmental impact evaluation. The book is systematic, innovative, cutting-edge, and highly readable, serving as a textbook for graduate students and MBA students. It offers practical guidance for consultants (investment), managers, especially managers, and corporate practitioners.