Purposeful Engineering Economics

• Main Author: Chadderton, Ronald A. (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Subjects: Engineering.; Engineering design.; Engineering economics.; Engineering economy.; Civil engineering.; Development economics.; Engineering Economics, Organization, Logistics, Marketing.; Engineering Design.; Development Economics.; Civil Engineering.

This textbook/course supplement stands as a unique and highly original complement to the traditional engineering economics curriculum. Its primarily narrative approach conveys the essence of an “Austrian" economic perspective on cash flow analysis and decision making in engineering, without ext...

Table of Contents:

• Introduction
• The First Class: Subjective Value and Time Preference
• A Few Basic Concepts: Setting the Stage
• Price and Cost
• Equivalence
• Inflation
• Information: Interfering with Price Signals
• Public Projects (Benefit/Cost Analysis)
• Effects of Taxation on Cash Flows
• An Example “Retirement” Planning Calculation
• Costs of Regulation
• Sustainability Concerns
• Appendix A: Elements of Austrian Economic Theory
• Appendix B: Example Learning Objectives.