Basics of engineering economics

1. What is Engineering Economics?

2. Engineering Economic Decisions

3. Engineering Projects & Decisions

4. Fundamental Principles of Economics

5. Time Value of Money

6. Interest Calculations

[Powerpoint file in PDF format]

• Engineering economics -- Wikipedia, http://en.wikipedia.org/wiki/Engineering_economics
• Time value of money -- Wikipedia, http://en.wikipedia.org/wiki/Time_value_of_money
• Kreith, F. and Goswami, D. Y. (eds.), 2005. The CRC Handbook of Mechanical Engineering, 2nd ed., Chapter 17 Engineering Economics and Project Management, CRC Press, Boca Raton, FL. [621 C9][book via ENGnetBASE]

• Ardalan, A., 2000. Economic & Financial Analysis for Engineering & Project Management, Technomic Pub. Co., Lancaster, PA. [658.152 A67][EBSCOhost ebook]
• Newnan, D. G., Lavelle, J. P. and Eschenbach, T. G., 2009. Engineering Economic Analysis, 10th ed., Oxford University Press, New York. [ebook via Knovel]
• Park, C. S., 2011. Contemporary Engineering Economics, 5th ed., Chapter 1, International ed., Pearson Education, Boston, MA. [658.15 P23 c]

• Discounted cash flow -- Wikipedia, http://en.wikipedia.org/wiki/Discounted_cash_flow
• Engineering economics calculator, http://web.njit.edu/~wolf/calculator.html
• The Time Value of Money, http://www.zenwealth.com/BusinessFinanceOnline/TVM/TimeValueOfMoney.html
• Engineering Economics (training video), http://www.youtube.com/playlist?list=PLRW1FgIW06IpkWmpIl_1qrXIPPzZdc7-V