Latest Engineering economy News
LAW OF DEMAND
Law of demand establishes a relationship between the price and the quantity…
Present worth comparisons
Comparisons of assets or investment projects are necessary in order to select…
Cash Flow Diagrams
Cash flow diagrams are graphical representation of cash flows (inflows and out…
Defining Time Value of Money
It is a mechanics which involve the compound interest factors to express…
Spreadsheets for economic analysis
In economic analysis spreadsheets may be helpful for a number of purposes:…
Nominal and Effective Interest
An interest rate takes two forms: nominal interest rate and effective interest…
Arithmetic Gradient Series
Suppose that there is a series of "n" payments uniformly spaced but…
Engineering Costs and Cost Estimating
An engineering economic analysis may involve many types of costs. Here is…


