Preface; Acknowledgement; Dedication; 1. Engineering economy: a prologue; 2. Fundamentals of mathematics and engineering economics; 3. Elementary economic analysis; 4. Interest formulas and their applications; 5. Methods for making economy studies; 6. Selection among alternatives; 7. Replacement and retention decisions; 8. Depreciation; 9. Economic evaluation of public sector projects; 10. Economy study with inflation considered; 11. Make or buy decision; 12. Cost estimation and its methods; 13. Project management; 14. Value engineering; 15. Forecasting; Reference; Index.