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Every organisation tries to take decision in such a way that its cost will minimize and return maximize. There will be many alternatives in front of an organisation, but it has to choose the best project. There are several types of questions which an organisation faces in its strategic and operational environment. These questions can be answered through Engineering Economics and Costing. Engineering Economics and Costing is a combination of both concepts of Economics and Costing in the field of Industrial Engineering. This book has been prepared as per the syllabus of BPUT (Engineering & MCA) and it contains nineteen chapters. It covers all the relevant concepts of basic economics, costing financial system etc. At the end of each chapter, Questions have been given. The interest rates table has also been provided in the book for guidance of students. Any suggestions for improving the contents will be warmly appreciated. Contents : 1. Introduction to Engineering Economics 2. Market Demand Analysis 3. Elasticity of Demand 4. Supply Analysis 5. Elasticity of Supply 6. Market Morphology 7. Competitive Equilibrium Price 8. Production Analysis 9. The Cost Concept and Classification 10. Time Value of Money 11. Evaluation of Engineering Projects 12. Analysis of Public Project 13. Depreciation Accounting 14. Cost Concept and Elements of Cost 15. Cost Sheet 16. Break-Even Analysis 17. Commercial Banks 18. Reserve Bank of India 19. The Financial System in India
