In the first edition of this book we said:
This book is designed to teach the fundamental concepts of engineering economy to
engineers. By limiting the intended audience to engineers it is possible to provide an
expanded presentation of engineering economic analysis and do it more concisely than
if the book were written for a wider audience.
Our goal was, and still is, to provide an easy to understand and up-to-date presentation
of engineering economic analysis. That means the book's writing style must promote the
reader's understanding. We most humbly find that our approach has been well received
by engineering professors-and more importantly-by engineering students through eight
previous editions