The new edition of Engineering Economy includes the time-tested approach and topics of previous editions and introduces significantly new print and electronic features useful to learning about and successfully applying the exciting field of engineering economics. Money makes a huge difference in the life of a corporation, an individual, and a government. Learning to understand, analyze, and manage the money side of any project is vital to its success. To be professionally successful, every engineer must be able to deal with the time value of money, economic facts, inflation, cost estimation, tax considerations, as well as spreadsheet and calculator use.