Applied Economic Analysis for Technologists, Engineers, and Managers (2nd edition)
By: Michael S. Bowman (author)Hardback
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For courses in Economic Analysis and Engineering Economics taught out of departments of engineering, technology or engineering technology.This book provides a practical approach to making integrated financial decisions in contemporary organizations. While mathematics is used throughout, the focus of this text is the application of the math techniques in real-world settings. Examples, Questions, Problems, and Discussion Cases balance quantitative analysis, team-based decisions, technical factors, and qualitative information.
I. FINANCIAL CONCEPTS. 1. Introduction to Financial Decisions. 2. Introduction to Financial Statements and the Accounting Equation. 3. The Accounting Equation-Depreciation, Inventory, and Ratios. II. FINANCIAL ANALYSIS AND TIME VALUE OF MONEY. 4. Return on Investment and Single-Payment Calculations. 5. Annual Amount and Gradient Functions. 6. Time Value of Money Applications. 7. Analyzing, Selecting, Monitoring, and Evaluating Projects and Investments. III. FINANCIAL DECISION MAKING. 8. Breakeven Analysis. 9. Minimum Cost Analysis. 10. Replacement Analysis. 11. Taxes. IV. CONTINUOUS FINANCIAL IMPROVEMENT. 12. Economics of Quality. 13. Continuous Financial Improvement. Epilogue. Appendix A: Answers to Odd-Numbered Problems. Appendix B: Interest Tables. Appendix C: Effective Interest Rates. Index.
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- ID: 9780130945112
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