Fundamentals of Engineering Economics
by Chan S. Park
Fundamentals of Engineering Economics introduces vital economic principles for engineers, including time value of money, cash flows, and project evaluation. Authored by Chan S. Park, this textbook supports students in applying financial analysis to engineering decisions, fostering effective resource management and project assessment in technical environments.
About This Book
Fundamentals of Engineering Economics by Chan S. Park provides a comprehensive introduction to the economic analysis techniques essential for engineering professionals.
The book covers core concepts such as time value of money, cash flow analysis, and cost estimation, tailored to engineering contexts.
It emphasizes practical applications, helping readers evaluate project feasibility and optimize resource allocation.
Designed for undergraduate students, the text builds a strong foundation in economic decision-making for technical fields.
Through clear explanations and examples, it bridges engineering principles with financial reasoning.
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