TABLE OF CONTENTS; INTRODUCTION; 1. MAKING ECONOMIC DECISIONS; 2. ENGINEERING COSTS AND COST ENGINEERING; 3. INTEREST AND EQUIVALENCE; 4. MORE INTEREST FORMULAS; 5. PRESENT WORTH ANALYSIS; 6. ANNUAL CASH FLOW ANALYSIS; 7. RATE OF RETURN ANALYSIS; 7A. DIFFICULTIES; 8. INCREMENTAL ANALYSIS; 9. OTHER ANALYSIS TECHNIQUES; 10. PROBABILITY AND UNCERTAINTY; 11. DEPRECIATION; 12. INCOME TAXES; 13. REPLACEMENT ANALYSIS; 14. INFLATION AND PRICE CHANGE; 15. SELECTION OF A MINIMUM ATTRACTIVE RATE OF RETURN; 16. ECONOMIC ANALYSIS IN THE PUBLIC SECTOR; 17. RATIONING CAPITAL AMONG COMPETING PROJECTS; 18. ACCOUNTING; APPENDICES: INTRODUCTION TO SPREADSHEETS; COMPOUND INTEREST TABLES