Bibliographic Information

Economic decision analysis

W.J. Fabrycky, G.J. Thuesen, D. Verma

(Prentice-Hall international series in industrial and systems engineering)

Prentice Hall, c1998

3rd ed

Available at  / 3 libraries

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Note

Includes bibliographical references (p. 376-377) and index

Description and Table of Contents

Description

Appropriate for courses in Business, Engineering or Managerial Economics, Agricultural and Forest Economics, and Engineering Technology Economics. This applied text is suitable for both students and practitioners. Revised structure of the text provides a streamlined evolution of concepts and principles, while preserving the strengths of the previous edition.

Table of Contents

I. INTRODUCTION. 1. Formulating Economic Decisions. 2. Some Basic Economic Concepts. 3. Estimating Economic Elements. II. EVALUATING DECISION ALTERNATIVES. 4. Interest and Economic Equivalence. 5. Comparing Decision Alternatives. 6. Economic Aspects of Inflation. 7. Evaluating Replacement Alternatives. 8. Evaluating Public Activities. III. FINANCE, ACCOUNTING, AND TAXES. 9. Economic Aspects of Finance. 10. Accounting and Depreciation Accounting. 11. Income-Tax Considerations. IV. ESTIMATES, RISK, AND UNCERTAINTY. 12. Adjustment Estimated Elements. 13. Estimates and Decision Making. 14. Decision Making Involving Risk. 15. Decision Making Under Uncertainty. V. ECONOMIC DECISION MODELS. 16. Models and Economic Modeling. 17. Break-Even Economic Models. 18. Models for Economic Optimization. VI. APPENDICES. Appendix A. Interest Factor Tables. Appendix B. Effective Interest Rates. Appendix C. Selected References. Index.

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