Useful as an introduction to the simple concepts with math formulas & calculations applied to field statistics & data for standard economic analysis (e.g., PV Present Value, compound interest calculations, FV Future Value, NPV Net Present Value, mortgage amortization calculations, etc). Excellent clear illustrations, examples and explanations to grasp, learn & apply the concepts formulas in the real world.
Verified purchase: Yes | Condition: Pre-owned
Verified purchase: Yes | Condition: Pre-owned
Complicated wording at times, but overall the book is very informative. Sample problems and end of chapter problems are worded strangely; interpreting the question is the entire battle. Bought for an economic class as the required text, but would probably recommend it to someone who needs a basic understanding of economics as it relates to engineering. This text is used for an undergraduate course designed to prepare for the FE exam, so it would prove useful for someone needing to review for licensing. Very little was updated for the later edition, so just buy this one and save your money.
This title was required for an Engineering Economics class, although it was the 10th (newest) edition rather than the 9th edition (the edition that I purchased) that was required. Because the new edition is so expensive everywhere you look and only slightly different from the previous edition, which is much cheaper, I decided to buy the 9th edition. It does the job; the text is more or less the same as in the 10th edition, but the end-of-chapter problems are moved around. To me, it is worth the lower price to have the older edition.
Was able to purchase cheap and easily,Was able to purchase cheap and easilyWas able to purchase cheap and easily
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