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Engineering Economics by Riggs: A Comprehensive and Authoritative Resource for Engineering Students and Professionals

Engineering Economics by Riggs: A Comprehensive and Authoritative Resource for Engineering Students and Professionals

Engineering economics is the application of economic principles and methods to engineering problems and decisions. It helps engineers evaluate the costs and benefits of different alternatives, compare different scenarios, and optimize the use of resources. Engineering economics is essential for engineering design, project management, feasibility analysis, risk assessment, and sustainability.

engineering economics by riggs pdf 165

One of the most popular and widely used textbooks on engineering economics is Engineering Economics by James L. Riggs, David D. Bedworth, and Sabah U. Randhawa. The fourth edition of this book was published in 1996 by McGraw-Hill and has 793 pages. It covers the fundamentals of economic analysis, the methods and procedures for performing engineering economic studies, the special considerations for public sector projects, the depreciation and income tax implications, the inflation effects, and the advanced concepts of risk and decision analysis.

The book is written in a clear and concise style, with numerous examples, exercises, tables, figures, and appendices. It also includes a CD-ROM that contains software tools for solving engineering economic problems. The book is suitable for introductory and advanced courses in engineering economics, as well as for practicing engineers who need to refresh their knowledge or update their skills.

If you are interested in learning more about engineering economics or acquiring a copy of this book, you can find it online at various sources. For example, you can download a free PDF version of the book from[^1^], or you can buy a hardcover or paperback edition from Google Books[^2^] [^3^]. You can also check your local library or bookstore for availability.

Engineering economics is not only useful for engineers, but also for managers, policy makers, investors, and consumers who are involved in engineering-related decisions. It helps them understand the trade-offs and impacts of different options, and choose the best one based on their objectives and constraints. Engineering economics also helps them communicate and justify their decisions to others, using sound economic reasoning and evidence.

Engineering economics is a dynamic and evolving field that reflects the changes and challenges in the engineering profession and the society. It incorporates new concepts and methods from other disciplines, such as operations research, statistics, finance, accounting, and management science. It also addresses new issues and problems that arise from technological innovations, environmental concerns, social values, ethical standards, and global competition.

Engineering economics is a rewarding and exciting subject that can enhance your engineering skills and career prospects. It can help you solve real-world problems, create value for yourself and others, and make a positive difference in the world. If you want to learn more about engineering economics or improve your proficiency in it, you should definitely read Engineering Economics by Riggs and his co-authors. It is one of the best books on the topic and a valuable resource for anyone interested in engineering economics. e0e6b7cb5c


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