Economic Analysis of Industrial Projects, Third Edition, provides the best possible methods for applying economic analysis theory to practice. Completely revised and expanded in this new edition, the text now includes five new chapters and new material on real options analysis and replacement analysis.

The twelfth international edition of the market-leading Engineering Economic Analysis offers comprehensive coverage of financial and economic decision making for engineers, with an emphasis on problem solving, life-cycle costs, and the time value of money. The authors' concise, accessible writing, practical emphasis, and contemporary examples linked to students' everyday lives make this text the most popular among students. In addition, with its support package and logical progression of topics, this is the easiest book to teach from.