This innovative engineering economy text features spreadsheets, pedagogical graphs, and practical examples for immediate student and industry application. It combines the real-world orientation of Eschenbach's pioneering casebook, Cases in Engineering Economy , with the theoretical foundation of his second edition of Bussey's classic advanced text, The Economic Analysis of Industrial Projects . Eschenbach's Engineering Economy: Applying Theory to Practice thoroughly covers the basics of engineering economy that are included in every course and covered in the FE exam. It also includes the tools and concepts--such as cost estimating, sensitivity analysis, probability, and multiple objectives--that are needed to successfully apply engineering economy in industry practice outside the classroom. This text was designed to emphasize the strengths of traditional factors and of spreadsheet coverage.