Thoroughly revised and updated while continuing to adopt a contemporary approach to the subject of engineering economics, this book aims not only to build a sound and comprehensive coverage of engineering economics, but also to address key challenges, such as difficulty in developing the analytical skills required to make informed financial decisions. Discusses related topics dealing with business profit loss and business related communications. Each of the 17 chapters is classified into one of five parts—Part I: Financial and Cost Information; Part II: Money and Investing; Part III: Evaluating Business and Engineering Assets; Part IV: Development of Project Cash Flows; and Part V: Special Topics in Engineering Economics. For engineering economists.