Contemporary Engineering Economics, 5th Edition

Used the book on Engineering Economy and Advanced Engineering Economy courses. This book is a keeper. Excellent information that will be useful well into one's career. Good examples, well-structured. Highly recommended.

This book provides a solid foundation for the practicing engineer involved with the econmic evaluation of engineering projects, an area which determines for the greater part, whether projects should be progressed or aborted. The principles are well defined and the examples are easy to follow, rightfully stimulating thinking and not substituting for it, since as we are well aware, engineering projects may vary in size, scope and complexity. I would recommend this book to any engineering student or practicing engineer. Consulting the work of other authors (eg Sullivan) would supplement understanding and appreciation of the subject matter. I gave the book a 4 star rating because of the errors within the examples provided. The principles however, are conveyed so effectively in the text that identification of these errors become easy.

A decent enough textbook to get by with. Some examples are unnecessarily complex, but for the most part it does a good job of explaining everything. Overall, though, if you're an engineer the subject of introductory economics is so easy it doesn't really matter how good your textbook is.

This is an excellent text for an engineering economics class. It concisely explains and demonstrates basic ideas and financial concepts in a logical manner. The only draw back I could detect was the author's nomemclature, which he introduces at the first of the text. If you don't memorize it early on, it becomes difficult to understand quickly. The professor who taught the Engineering Economics class I took was none other than Chan Park himself (guess what the required text was!).