Contemporary Engineering Economics Pdf Download

[Staci Stanowski]

Systems challenges require systems thinking. With our new five-year strategic plan, our department is moving beyond the traditional civil and environmental domains to emphasize connections between subdisciplines and promote innovation.

contemporary engineering economics pdf download

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The course introduces students to fundamental concepts in economics and finance in the context of decisions that arise in contemporary planning and management of social and environmentally-relevant engineering systems.

The intended audience for this course consists of undergraduate students in Engineering and Sciences. The course satisfies a basic engineering requirement in the systems engineering and analysis category.

Contemporary Engineering Economics, 5/e, is intended for undergraduate engineering students taking introductory engineering economics while appealing to the full range of engineering disciplines for which this course is often required: industrial, civil, mechanical, electrical, computer, aerospace, chemical, and manufacturing engineering, as well as engineering technology.

This edition has been thoroughly revised and updated while continuing to adopt a contemporary approach to the subject, and teaching, of engineering economics. This text aims not only to build a sound and comprehensive coverage of engineering economics, but also to address key educational challenges, such as student difficulty in developing the analytical skills required to make informed financial decisions.

As discussed in the chapter 1, it is useful, as a background to studies of transportation economics, to have a good understanding of the principles of engineering economy, which is extensively treated in the literature [1-4], and of basic banking (compounding) formulae. A study of the methods for handling time differences in the comparison of various project costs (including initial costs, recurring costs, etc) is essential. Every engineer who is called upon to make engineering studies involving cost analysis should be familiar with the following derivations of mathematical formulas used in converting costs that are dissimilar in time to comparable bases. Without these conversions, it would be impossible to compare costs occurring in the future with costs that occur now.

This program assists students who wish to further their engineering education and acquire the knowledge and skills necessary to tackle challenging contemporary engineering problems. The plan of study features courses, on classical and contemporary topics, that prepare students on how to use traditional and modern engineering analysis, characterization and design tools to generate efficient and economic engineering solutions for dynamically evolving societal environments.

The NAU graduate online application is required for all programs. Admission to many graduate programs is on a competitive basis, and programs may have higher standards than those established by the Graduate College.

Admission requirements include the following:

Visit the NAU Graduate Admissions website for additional information about graduate school application deadlines, eligibility for study, and admissions policies.

Ready to apply? Begin your application now.

Since the Mechanical Engineering MS program emphasizes interdisciplinary topics, students may wish to take courses outside of their primary emphasis area. Some courses may require prior completion of prerequisite courses.

If you choose to complete a thesis:

Students enrolled at the Flagstaff campus for both undergraduate and graduate programs are eligible to complete the Bachelor of Science in Mechanical Engineering and start a Master of Science in Mechanical Engineering at NAU.

The program includes the study of modern topics including lab courses in contemporary measurement. The freshmen and sophomore years provide the student with a breadth of knowledge that is required in specialized courses and the career work of a mechanical engineer. During these years, students take courses in mathematics, chemistry, physics, engineering materials, engineering mechanics, and electrical systems. The junior year courses include engineering economics, engineering dynamics, strength of materials, thermodynamics, fluid mechanics, heat transfer, mechanical design, and the numerical analysis of engineering systems.

Effective May 19, 2014, the Mechanical Engineering Department at CSUN only accepts course substitution requests from matriculated students (those enrolled in a CSUN degree program) who must repeat a course after their third attempt at CSUN, or in cases where the student has exhausted his/her grade forgiveness and averaging units.

Mechanical Engineering majors may take lower division, articulated courses at colleges offering such courses without the need for pre-approval. Course substitution forms are not required for articulated courses as these classes will be automatically incorporated into the student's record after an official transcript is provided to and processed by the Office of Admissions and Records. For a list of articulated courses, visit

**In order to have your DPR updated with coursework you have taken off campus (even those that are currently in progress), official transcripts should be turned in to the office of Admissions and Records for processing.

**A list of articulated (pre-approved) coursework can be found at assist.org. If a class is not listed on this website, it will require pre-approval from the Department Chair before the class can be used as part of your program. See section regarding Course Substitution Pre-Approvals in this drop down menu.

To have the class reviewed, an email should be submitted to with a copy of the class syllabus as a PDF attachment. The body of the email should include your name, your 9 digit CSUN ID number, as well as what class you are requesting pre-approval for.

All pre-approvals and course substitutions are made on a case by case basis, and all decisions are made by the Department Chair. Office staff does not have a list of pre-approved courses that can be used for credit.

21 units are satisfied by coursework in the major. Completion of the Mechanical Engineering major satisfies A3 Critical Thinking. 6 units of Physical Science may be used to satisfy sections B1-3. MATH 150A satisfies Basic Skills B4 Mathematics/Quantitative Reasoning; ME 370 satisfies B5 Scientific Inquiry and Quantitative Reasoning; MSE 304 satisfies 3 units of upper division D1 Social Sciences; and ME 101/L and ME 209 satisfy E Lifelong Learning.

The CSUN undergraduate mechanical engineering program should prepare students to enter the engineering profession as a skilled practitioner who can make a solid contribution to the field, find job satisfaction, and have a lifelong career. To accomplish these overall goals, during the first few years following graduation a CSUN graduate is expected to:

The program must have documented student outcomes that support the program educational objectives. Attainment of these outcomes prepares graduates to enter the professional practice of engineering. The 7 student outcomes are listed below.

2. An ability to apply engineering design to produce solutions that meet specified needs with consideration of public health, safety, and welfare, as well as global, cultural, social, environmental, and economic factors

4. An ability to recognize ethical and professional responsibilities in engineering situations and make informed judgments, which must consider the impact of engineering solutions in global, economic, environmental, and societal contexts

5. An ability to function effectively on a team whose members together provide leadership, create a collaborative and inclusive environment, establish goals, plan tasks, and meet objectives

Each design project has its own application process. If you are interested in registering or volunteering for one of these projects, you should contact the appropriate faculty advisor for information.

For several elective and selective requirements, lists of acceptable courses will be maintained by the EEE Associate Director of Advising, with approval of changes by the EEE Academics Committee. In addition, students will be able to petition the EEE Academics Committee to have other courses (including one-time special offerings) count for one of the requirements. These lists are therefore considered dynamic, and it is anticipated that small changes will be made to the lists regularly.

All Plans of Study are ultimately subject to approval by the EEE Academics Committee. The EEE curricular guidelines were designed to maximize flexibility so individualized student-centered Plans of Study can be crafted. Proposed Plans of Study without sufficient rigor and academic integrity worthy of earning a BSEEE will not be permitted.

Technical Electives are broadly defined as any course in a technical field, typically from the Colleges of Engineering, Agriculture, Science, Polytechnic Institute, or Krannert School of Management. Click here to view Subject Codes by College. AGEC from Agriculture and ECON from Management are excluded as these count as General Education Electives.

It is recommended that a student choose additional EEE Selectives to satisfy this requirement, or take prerequisite courses to prepare for advanced EEE Selectives that the student is interested in. Beyond the recommendation to meet the Technical Elective requirement with courses from the EEE Selectives list, should a student instead want more breadth or exposure to varied topics, the list below identifies courses that are approved Technical Electives. Remedial courses and seminars are not allowed.

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