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Project Economics and Decision Analysis: Determinisitic Models,New
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In this new second edition, M. A. Mian has expanded and updated the first volume of Project Economics and Decision Analysis by incorporating new advancements and clarifying concepts to facilitate their understanding.New to the second edition of Project Economics and Decision Analysis, Volume 1 is a section on netback pricing and indexed netback pricing. Additionally, the new edition expands the weighted average cost of capital (WACC) concept for better comprehension and to recognize its weakness in practice. The concept of unit technical cost, also known as longrun marginal cost (LRMC), has been expanded as well to aid with its calculation and application.
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- Q: What is the main focus of 'Project Economics and Decision Analysis: Deterministic Models'? A: The book primarily focuses on project economics and decision analysis, providing deterministic models that assist in understanding project valuation and decision-making processes.
- Q: Who is the author of this book and what are their qualifications? A: The author is M. A. Mian, who has extensive knowledge and expertise in project economics and decision analysis, enhancing the content with updated advancements.
- Q: What new topics are covered in the second edition of this book? A: The second edition includes new sections on netback pricing, indexed netback pricing, and an expanded discussion on the weighted average cost of capital (WACC) and unit technical cost.
- Q: What is the significance of the weighted average cost of capital (WACC) in this book? A: The WACC is discussed to improve comprehension of its application in project analysis and to highlight its practical weaknesses.
- Q: Is this book suitable for beginners in project economics? A: Yes, the book is designed to clarify complex concepts, making it accessible for both beginners and professionals in project economics.
- Q: How many pages does the book contain? A: The book contains a total of 482 pages, offering comprehensive coverage of its topics.
- Q: What type of binding does this book have? A: The book is available in hardcover binding, ensuring durability and protection for long-term use.
- Q: When was the second edition of this book published? A: The second edition was published on March 28, 2011.
- Q: Does this book include practical applications of the concepts discussed? A: Yes, the book includes practical applications for concepts such as unit technical cost, aiding readers in understanding its calculation and use.
- Q: What is the condition of the book when purchased? A: The book is sold in new condition, ensuring that buyers receive a pristine copy.