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Covering detailed discussion of fundamental concepts of economics, the textbook commences with comprehensive explanation of theory of consumer behavior, utility maximization and optimal choice, profit function, cost minimization and cost function. The textbook covers methods including present worth method, future worth method, annual worth method, internal rate of return method, explicit re-investment rate of return method and payout method useful for studying economic studies. A chapter on value engineering discusses important topics such as function analysis systems techniques, the value index, value measurement techniques, innovative phase and constraints analysis in depth. It facilitates the understanding of the concepts through illustrations and solved problems. This text is the ideal resource for Indian undergraduate engineering students in the fields of mechanical engineering, computer science and engineering and electronics engineering for a course on engineering economics/engineering economy.
Covering detailed discussion of fundamental concepts of economics, the textbook commences with comprehensive explanation of theory of consumer behavior, utility maximization and optimal choice, profit function, cost minimization and cost function. The textbook covers methods including present worth method, future worth method, annual worth method, internal rate of return method, explicit re-investment rate of return method and payout method useful for studying economic studies. A chapter on value engineering discusses important topics such as function analysis systems techniques, the value index, value measurement techniques, innovative phase and constraints analysis in depth. It facilitates the understanding of the concepts through illustrations and solved problems. This text is the ideal resource for Indian undergraduate engineering students in the fields of mechanical engineering, computer science and engineering and electronics engineering for a course on engineering economics/engineering economy.
This comprehensive and self-contained textbook will help students in acquiring an understanding of fundamental concepts and applications of engineering mechanics. With basic prior knowledge, the readers are guided through important concepts of engineering mechanics such as free body diagrams, principles of the transmissibility of forces, Coulomb's law of friction, analysis of forces in members of truss and rectilinear motion in horizontal direction. Important theorems including Lami's theorem, Varignon's theorem, parallel axis theorem and perpendicular axis theorem are discussed in a step-by-step manner for better clarity. Applications of ladder friction, wedge friction, screw friction and belt friction are discussed in detail. The textbook is primarily written for undergraduate engineering students in India. Numerous theoretical questions, unsolved numerical problems and solved problems are included throughout the text to develop a clear understanding of the key principles of engineering mechanics. This text is the ideal resource for first year engineering undergraduates taking an introductory, single-semester course in engineering mechanics.
This comprehensive and self-contained textbook will help students in acquiring an understanding of fundamental concepts and applications of engineering mechanics. With basic prior knowledge, the readers are guided through important concepts of engineering mechanics such as free body diagrams, principles of the transmissibility of forces, Coulomb's law of friction, analysis of forces in members of truss and rectilinear motion in horizontal direction. Important theorems including Lami's theorem, Varignon's theorem, parallel axis theorem and perpendicular axis theorem are discussed in a step-by-step manner for better clarity. Applications of ladder friction, wedge friction, screw friction and belt friction are discussed in detail. The textbook is primarily written for undergraduate engineering students in India. Numerous theoretical questions, unsolved numerical problems and solved problems are included throughout the text to develop a clear understanding of the key principles of engineering mechanics. This text is the ideal resource for first year engineering undergraduates taking an introductory, single-semester course in engineering mechanics.
