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Engineering Economy (McGraw-Hill Series in Industrial Engineering and Management)
 
 

Engineering Economy (McGraw-Hill Series in Industrial Engineering and Management) [Hardcover]

Leland Blank (Author), Anthony Tarquin (Author)
3.1 out of 5 stars  See all reviews (20 customer reviews)

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Book Description

December 16, 2004 0073205346 978-0073205342 6
Engineering Economy, 6th edition, provides undergraduate students and practicing professionals with a solid preparation in the financial understanding of engineering problems and projects, as well as the techniques needed for evaluating and making sound economic decisions. Information on cost estimation, depreciation, and taxes has been updated to conform to new tax laws and a majority of the end-of-chapter problems are revised or new to this edition.

Distinguishing pedagogical characteristics of this market-leading text include its easy-to-read writing style, chapter objectives, worked examples, integrated spreadsheets, case studies, Fundamentals of Engineering (FE) exam questions, and numerous end-of-chapter problems. Graphical cross-referencing is indicated so users are able to locate additional material on any one subject in the text.

While the chapters are progressive, over three-quarters can stand alone, allowing instructors flexibility for meeting course needs. A complete Online Learning Center (OLC) offers supplemental practice problems, spreadsheet exercises, review questions for the Fundamentals of Engineering (FE) exam, and more!


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Customers buy this book with Teamwork and Project Management (McGraw-Hill's Best: Basic Engineering Series and Tools) $40.09

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Product Details

  • Hardcover: 800 pages
  • Publisher: McGraw-Hill Science/Engineering/Math; 6 edition (December 16, 2004)
  • Language: English
  • ISBN-10: 0073205346
  • ISBN-13: 978-0073205342
  • Product Dimensions: 9.2 x 7.5 x 1.3 inches
  • Shipping Weight: 2.9 pounds (View shipping rates and policies)
  • Average Customer Review: 3.1 out of 5 stars  See all reviews (20 customer reviews)
  • Amazon Best Sellers Rank: #162,463 in Books (See Top 100 in Books)

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Customer Reviews

20 Reviews
5 star:
 (7)
4 star:
 (5)
3 star:    (0)
2 star:    (0)
1 star:
 (8)
 
 
 
 
 
Average Customer Review
3.1 out of 5 stars (20 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

9 of 10 people found the following review helpful:
1.0 out of 5 stars "How to make a good student want to drop out of college", June 18, 2006
This review is from: Engineering Economy (McGraw-Hill Series in Industrial Engineering and Management) (Hardcover)
As someone who loves to learn, this is the most incomplete, illogically written textbook I've ever encountered. As a disclaimer, usually I have better things to do than review books online for complete strangers, but thankfully I can vent here, or I may have been compelled to use it to shatter my living room window, which wouldn't be good.

At best, it meanders back and forth between actual formulas and their complementary Excel formulas, which leaves the reader wondering why they should learn the real thing when Excel can do it for them anyway; but its Excel teachings follow the incomplete style of the book, so there's little chance of improving your Excel skills either. To be fair, on page 671 it lets you in on a brilliant secret: that you can obtain help from Excel by "left-clicking" on the help bar...but even fails to mention the F1 key...par for the course!

At worst, the questions at the end of each chapter (which affect ones GPA and entire future) vary just enough with the examples in the chapter, that it is impossible for the student to solve them without using outside means, like contacting the professor 24/7 which I may have to.

If you think I'm being unfair or have any bias, I'll put it to you this way: Suppose you had never driven a car before, and I wrote a book on how to open the door, turn the key, put it in drive, etc. and then gave you an exam on how to rebuild the engine.

I'm so disgusted with this book, I'd rather be spending this semester in North Korea, where I'd definitely learn more.

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5 of 5 people found the following review helpful:
1.0 out of 5 stars AWFUL EXAMPLE of a TEXTBOOK!, January 25, 2005
This review is from: Engineering Economy (Hardcover)
This book is awful, as an introduction into economics its hard to understand and there are no good examples for the problems. Also you must know the secrets of using the tables and formula's (its a secret because they really dont explain EXACTLY HOW to use this to your best advantage. This book is not worth the money or the paper that its printed on! Do your self a favor if you use this book--buy the Schaum's outline go with it, Schaum's does what this book could only hope to do ---> TEACH you the material!
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4 of 4 people found the following review helpful:
1.0 out of 5 stars Ridiculous, January 20, 2007
By 
lume "blight" (Johnstown, PA USA) - See all my reviews
This review is from: Engineering Economy (McGraw-Hill Series in Industrial Engineering and Management) (Hardcover)
I think there is probably a chance that this is the most poorly written textbook I've ever encountered.

I was going to hold off giving it a bad review until I got through the class, but at this rate I'm not even totally sure I will. I've just re-read the difference between nominal and effective interest for (no hyperbole) the 10th time, and I'm no closer to understanding it. Bad examples, useless derivations, poor explaining. I only wish I could give it a zero.
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Inside This Book (learn more)
First Sentence:
Blank and Tarquin reinforce the engineering concepts presented throughout the book by making them easily accessible from other sections of the book. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
annual worth analysis, decision making under risk, net cash flow series, new replacement study, implied salvage value, weighted attribute method, capitalized cost calculation, cell reference format, engineering economy factors, safe investment rate, capital recovery amount, mutually exclusive bundles, engineering economy study, specified study period, equivalent annual worth, total equivalent cost, unrecovered balance, geometric gradient series, cash flow tabulation, net cash flow estimates, equivalent uniform annual worth, future worth analysis, economic service life, capital investment limit, arithmetic gradient
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Rate of Return Analysis, Making Choices, United States, The Method, Use Equation, Case Study Exercises, Multiple Attributes, Multiple Alternatives, Combining Factors, Year Cash Flow, Upper Saddle River, Single Alternative, Microsoft Excel, Computer Figure, New York, After-Tax Economic Analysis, Depreciation Methods, Pearson Prentice-Hall, Solution Figure, Internal Revenue Service, Investment Annual, Year Amount, Comment Note, Single Project, Run Excel
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
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