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เนื้อหาย่อ : he primary purpose of this text is to present the principles and applications of owomic analysis in a clearly written fashion, supported by a large number and de range of engineering-oriented examples, end-of-chapter exercises, and tronic-based learning options. Through all editions of the book, our n to present the material in the clearest, most concise fashion thout sacrificing coverage or true understanding on the part of the learner. The quence of topics and flexibility of chapter selection used to accommodate dif- ent course objectives are described later in the preface. EDUCATION LEVEL AND USE OF TEXT This text is best used in learning and teaching at the university level, and as a ref- ence book for the basic computations of engineering economic analysis. It is uited for a one-semester or one-quarter undergraduate course in economic analysis, project analysis, or engineering cost analysis. Addition- because of its behavioral-based structure, it is perfect for individuals who sh to learn the material for the first time completely on their own, and for in- who simply want to review. Students should be at least at th re level, and preferably of junior standing, so that they can better appreciate engineering context of the problems. A background in calculus is not neces- stand the calculations, but a basic familiarization with en minology makes the material more meaningful and therefore easier and more joyable to learn. Nevertheless, the building-block approach used in the text's asign allows a practitioner unacquainted with economics and engineering prin- ples to use the text to learn, understand, and correctly apply the principles and chniques for effective decision making. NEW TO THIS EDITION The basic design and structure of previous editions have been retained for the th edition. However, considerable changes have been made. The m icant changes include: More than 80% of the end-of-chapter problems are new or revised for this edition. based materials such as tax rates and cost indexes have been up The international dimension of the book is more apparent. Many of the Fundamentals of Engineering (FE) Review Problems are new to this edition. STRUCTURE OF TEXT AND OPTIONS FOR PROGRESSION THROUGH THE CHAPTERS ext is written in a modular form, providing for topic integration i of ways that serve different course purposes, structures, and time limitations.