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Engineering Economics & Accountancy

Engineering Economics & Accountancy
Author: Sanjivan Saini
Publisher: SANJIVAN SAINI
Total Pages: 135
Release:
Genre: Business & Economics
ISBN:

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"Engineering Economics & Accountancy" by sanjivan saini provides an overview of key economic and accounting principles relevant to engineering and technical fields. The book covers various topics that are essential for engineers and professionals to understand the financial aspects of their work. The book is likely to be a comprehensive resource for students and practitioners looking to integrate economic and accounting concepts into their engineering projects and decisions. Book overview: 1. Managerial economics: this section of the book likely covers fundamental economic principles applied to business and engineering decision-making. Topics may include demand and supply analysis, cost analysis, pricing strategies, and optimization techniques. 2. Demand & supply analysis: in this section, readers would learn about the factors affecting demand and supply in the market, elasticity of demand, factors influencing consumer behavior, and the relationship between price and quantity demanded. 3. Production and cost analysis: this unit is likely to delve into production processes, production functions, factors of production, cost structures, economies of scale, and the concept of returns to scale. It may also cover how production and costs impact decision-making in engineering and business contexts. 4. Pricing: the pricing unit likely covers different pricing strategies, cost-plus pricing, value-based pricing, pricing in competitive markets, and how pricing decisions impact profitability. 5. Financial accounting (elementary treatment): this section would introduce the basics of financial accounting, including the principles of accounting, financial statements (such as the balance sheet and income statement), recording transactions, and understanding the financial health of an organization. Overall, "engineering economics & accountancy" by sanjivan saini seems to provide a comprehensive overview of economic and accounting concepts tailored to the needs of engineers and professionals in technical fields. It likely offers a practical approach to integrating these concepts into engineering decision-making, project evaluation, and financial analysis.


Engineering Economics and Costing

Engineering Economics and Costing
Author: Mishra Sasmita
Publisher: PHI Learning Pvt. Ltd.
Total Pages: 339
Release: 2011-08
Genre: Business & Economics
ISBN: 8120341678

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This substantially revised and updated edition of Engineering Economics and Costing continues to build on the fundamental principles and applications of the subject. Divided into three parts: Part I, Engineering Economics; Part II, Financial System; and Part III, Cost Accounting, the text discusses, in a simple and easy-to-understand language, such topics as interest formulas and their applications, and various methods, for example, the present worth method of comparison, future worth method, annual equivalent method, and the rate of return method. It also includes, in its Appendix, interest tables for a wide range of interest rates (0.25-50%) and for a period ranging from one year to 100 years. These tables, along with the topics discussed, will help students of both Engineering and MCA in evaluating engineering projects. What is New to This Edition: Chapter 2 gives a distinction between Microeconomics and Macroeconomics. Chapter 2 also explains the concept of income elasticity, cross elasticity of demand, and elasticity of substitution. At the end Chapter 3, a variety of simple numerical problems with solutions are given to illustrate the concepts discussed. Chapter 8 provides more examples illustrating the various aspects of break-even analysis. While the book is intended primarily as a text for B.Tech. and MCA courses of Biju Patnaik University of Technology (BPUT), Orissa, it would also be highly useful for BE/B.Tech. students of other universities/institutes. Besides, practising engineers and project consultants making economic decision analysis would find this well-organized book immensely valuable. What the Reviewer Says: The book is very clear in exposition of the concepts and theories of Economics. I am confident that it will be extremely helpful to the engineering students. --Dr. NIRMAL CHANDRA SAHU Professor, Postgraduate Department of Economics Berhampur University, Orissa


Engineering Economics and Financial Accounting

Engineering Economics and Financial Accounting
Author: I. Samuel Peter James
Publisher: LAP Lambert Academic Publishing
Total Pages: 312
Release: 2014-03-05
Genre:
ISBN: 9783846593127

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Engineering economics and financial accounting have therefore always been integral parts of business studies. Besides, courses on these subjects are of recent origin in undergraduate engineering disciplines. The book presents the concepts and methods of Engineering economics and financial accounting, which help engineer to arrive at the most appropriate solutions to business problems. The objective of this book is not only to present the theory of the firm but also to bridge the gap between economic theory and practical application. The emphasis is on presenting modern economic and financial analysis in a way that is intuitive, interesting, and useful for students who have had no prior exposure to these fields.


Applied Economic Analysis for Technologists, Engineers, and Managers

Applied Economic Analysis for Technologists, Engineers, and Managers
Author: Michael S. Bowman
Publisher: Pearson
Total Pages: 632
Release: 2003
Genre: Business & Economics
ISBN:

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This book provides a practical approach to making integrated financial decisions in contemporary organizations. While mathematics is used throughout, it focuses on the application of the math techniques used in real-world settings. Examples, Questions, Problems, and Discussion Cases balance quantitative analysis, team based decisions, technical factors, and qualitative information. A four-part organization covers financial concepts, financial analysis and time value of money, financial decision making, and continuous financial improvement. For those working in design, process and manufacturing engineering, purchasing, and financial analysis in both manufacturing and service organizations; for members of financial improvement teams; and for technical and senior managers.


Advanced Engineering Economics

Advanced Engineering Economics
Author: Chan S. Park
Publisher: John Wiley & Sons
Total Pages: 80
Release: 2021-06-02
Genre: Technology & Engineering
ISBN: 1119691966

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Advanced Engineering Economics, Second Edition, provides an integrated framework for understanding and applying project evaluation and selection concepts that are critical to making informed individual, corporate, and public investment decisions. Grounded in the foundational principles of economic analysis, this well-regarded reference describes a comprehensive range of central topics, from basic concepts such as accounting income and cash flow, to more advanced techniques including deterministic capital budgeting, risk simulation, and decision tree analysis. Fully updated throughout, the second edition retains the structure of its previous iteration, covering basic economic concepts and techniques, deterministic and stochastic analysis, and special topics in engineering economics analysis. New and expanded chapters examine the use of transform techniques in cash flow modeling, procedures for replacement analysis, the evaluation of public investments, corporate taxation, utility theory, and more. Now available as interactive eBook, this classic volume is essential reading for both students and practitioners in fields including engineering, business and economics, operations research, and systems analysis.


Engineering Accounting

Engineering Accounting
Author: Joosung J. Lee
Publisher: Nova Science Publishers
Total Pages: 0
Release: 2012
Genre: Accounting
ISBN: 9781620812952

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This book is the first edition that combines accounting principles with engineering work. It is a basic-level textbook in accounting for science and engineering students and working professionals engaged in engineering project planning. By introducing the fundamentals of accounting and accounting issues that are related to corporate management and R&D work, this book helps the reader gain the knowledge and skills to analyse financial statements, manufacturing costs and tax issues from an engineer's perspective. It is a handy book that covers such essential topics as Financial Accounting, Cost Accounting, Corporate Management and Financial Statements Analysis, R&D Management, Target Costing, and Value Engineering. With this book, the reader is able to grasp the basics of accounting and R&D costing within a week, which will become a solid foundation for business leaders in technology and management.


Investment Decisions and the Logic of Valuation

Investment Decisions and the Logic of Valuation
Author: Carlo Alberto Magni
Publisher: Springer Nature
Total Pages: 751
Release: 2020-02-11
Genre: Business & Economics
ISBN: 3030276627

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This book presents a new approach to the valuation of capital asset investments and investment decision-making. Starting from simple premises and working logically through three basic elements (capital, income, and cash flow), it guides readers on an interdisciplinary journey through the subtleties of accounting and finance, explaining how to correctly measure a project’s economic profitability and efficiency, how to assess the impact of investment policy and financing policy on shareholder value creation, and how to design reliable, transparent, and logically consistent financial models. The book adopts an innovative pedagogical approach, based on a newly developed accounting-and-finance-engineering system, to help readers gain a deeper understanding of the accounting and financial magnitudes, learn about new analytical tools, and develop the necessary skills to practically implement them. This diverse approach to capital budgeting allows a sophisticated economic analysis in both absolute terms (values) and relative terms (rates of return), and is applicable to a wide range of economic entities, including real assets and financial assets, engineering designs and manufacturing schemes, corporate-financed and project-financed transactions, privately-owned projects and public investments, individual projects and firms. As such, this book is a valuable resource for a broad audience, including scholars and researchers, industry practitioners, executives, and managers, as well as students of corporate finance, managerial finance, engineering economics, financial management, management accounting, operations research, and financial mathematics. It features more than 180 guided examples, 50 charts and figures and over 160 explanatory tables that help readers grasp the new concepts and tools. Each chapter starts with an abstract and a list of the skills readers can expect to gain, and concludes with a list of key points summarizing the content.