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Purposeful Engineering Economics (Hardcover, 2015 ed.)
Loot Price: R1,521
Discovery Miles 15 210
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Purposeful Engineering Economics (Hardcover, 2015 ed.)
Expected to ship within 10 - 15 working days
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Purposeful Engineering Economics stands as a unique and highly
original complement to the traditional engineering economics
curriculum. This primarily narrative text conveys the essence of an
"Austrian" economic perspective on cash flow analysis and decision
making in engineering without extensive tables and graphs and
requires very little mathematics. The book's objective is to add a
new perspective to the usual study of cash flow analysis and solely
econometric engineering decision making. The author draws on the
methodology of the Austrian Economists-a school of economic thought
that bases its study of economic phenomena on the interpretation
and analysis of the purposeful actions of individuals. The book
includes an array of illustrative case studies examined in detail
by the author and emphasizes the importance of market processes and
price signals to coordinate engineering plans.
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