Purposeful Engineering Economics

  • Ronald A. Chadderton

Table of contents

  1. Front Matter
    Pages i-xv
  2. Ronald A. Chadderton
    Pages 1-8
  3. Ronald A. Chadderton
    Pages 13-16
  4. Ronald A. Chadderton
    Pages 17-25
  5. Ronald A. Chadderton
    Pages 27-32
  6. Ronald A. Chadderton
    Pages 33-41
  7. Ronald A. Chadderton
    Pages 43-49
  8. Ronald A. Chadderton
    Pages 51-59
  9. Ronald A. Chadderton
    Pages 61-66
  10. Ronald A. Chadderton
    Pages 67-70
  11. Ronald A. Chadderton
    Pages 71-81
  12. Ronald A. Chadderton
    Pages 83-87
  13. Back Matter
    Pages 89-100

About this book

Introduction

This textbook/course supplement stands as a unique and highly original complement to the traditional engineering economics curriculum. Its primarily narrative approach 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. Purposeful Engineering Economics is an ideal resource for students, teaching faculty, and practicing professional in a range of engineering disciplines that rely heavily on economic analysis.

Keywords

Austrian Economic School Engineering Economics Price Signals in Engineering Design Supply, Demand, Margins Theories of Value

Authors and affiliations

  • Ronald A. Chadderton
    • 1
  1. 1.Villanova UniversityVillanovaUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-18848-5
  • Copyright Information Springer International Publishing Switzerland 2015
  • Publisher Name Springer, Cham
  • eBook Packages Engineering
  • Print ISBN 978-3-319-18847-8
  • Online ISBN 978-3-319-18848-5
  • About this book
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