engineering economics textbooks

Engineering economics textbooks introduce concepts that help engineers make informed financial decisions in their projects. They cover topics such as cost analysis, project evaluation, and economic feasibility. These books teach how to assess the financial implications of design choices, compare alternatives, and understand the time value of money, which means that money today is worth more than the same amount in the future due to its potential earning capacity. By integrating economic principles with engineering practices, these texts enable professionals to optimize resources, manage budgets, and ensure the financial viability of engineering solutions.