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Engineering Economic Analysis
PDF Download Engineering Economic Analysis
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Review
"The new appendix on personal finance and taxes is helpful. This is a topic that really isn't covered in other textbooks, but students desperately need to know about it." --Nina D. Miville, University of Miami "I like the large number of problems and the inclusion of those that enable practice with spreadsheets. I prefer the problems in this text to the one that we are using. I also very much like the inclusion of numerical answers in the back of the text." --Linda Chattin, Arizona State University
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About the Author
Donald G. Newnan is Professor Emeritus of Industrial and Systems Engineering at San Jose State University.Ted G. Eschenbach is a consultant and Professor Emeritus of Engineering Management at the University of Alaska Anchorage.Jerome P. Lavelle is Associate Dean of Academic Affairs in the College of Engineering at North Carolina State University.
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Product details
Hardcover: 740 pages
Publisher: Oxford University Press; 13 edition (January 20, 2017)
Language: English
ISBN-10: 0190296909
ISBN-13: 978-0190296902
Product Dimensions:
9.4 x 1.3 x 7.7 inches
Shipping Weight: 2.8 pounds (View shipping rates and policies)
Average Customer Review:
4.0 out of 5 stars
149 customer reviews
Amazon Best Sellers Rank:
#57,092 in Books (See Top 100 in Books)
As a professor who teaches Engineering Economics, I give my highest praise to the Newnan textbook. I have used various editions of this book in my graduate classes for 20 years. It is clearly written and provides excellent examples and real-world problems that truly attract and keep student attention. It is not calculus-based, and this is a distinct advantage for students not well-grounded in calculus.The rental program offered by Amazon is a terrific deal. You can typically rent a text for $25 for the semester, then return it in good condition once the semester is over. I teach at a public university where many students are financially challenged. Renting a text is a marvelous solution for the cost conscious. It doesn't get better than that!To test the rental process, I ordered a rental of this text and it came in timely. No issues with its return at the end of the semester either.
If you must buy this book for a course, you don't have a choice but to get it, of course. But as far as the content, this book does not adequately explain the concepts, and (even worse) does not have enough examples. The answers to end-of-chapter review problems are sometimes given...and sometimes not! You are in a very, very bad situation if you end up with a poor professor and this book, because you will not be able to "teach yourself" the material, as the text does not have enough detailed examples and doesn't have answers to the practice problems. I don't even understand the purpose of having practice problems if there are no answers.Overall, I cannot recommend the book, because it is not a sufficient resource for learning the material. You will find yourself relying very heavily on outside material.
This book makes hundreds of mistakes and the answer document is worse. The problem is that it is a Math 112 perspective on finances that fails to clearly and logically define the problems it sets out to solve.
This book is very specific in what it aims to teach, and assumes that you know how to do basic word problems (which, you should). The information in this book is very concise, and filled with helpful examples rather than detailed explanations. It may not be super descriptive in terms of reasoning, but this subject is best taught by example anyways. The main thing you need to know in order to make this book work for you is how to dissect a word problem. And for engineers who think they don't need economics...I feel sorry for whoever hires you on accident.EDIT, after taking course: The later chapters are a little more vague, since they assume that you remember everything you learned before. The problems get much more complex than at the beginning, and the book does little to help you decipher the text. In the end, it is left for you to interpret the text. Also, it is a good idea to start dabbling with Excel, since the later chapters rely heavily on its usage.
Excellent book for folks taking classes in engineering economics. It provides problems and easy to follow solutions. I highly recommend it except for the price. I wished it were cheaper.
The book is in slightly worse shape then I'd like. One page is almost completely ripped out of the book. There might be more but I haven't made it that far in the book yet.
The cost of the paperback Indian version is perfect and should be a model for all text books. I have a difficult time understanding the examples but the text and explanations are helpful and clear. The paperback is in black and white but personally that doesn't affect anything.
Putting aside how much I hated this class, the book was actually pretty good. Not as user-friendly as it could have been. You can tell it was written by engineers and proof read by engineers. Very dense.
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