Fundamentals of Ship Design Economics: Lecture Notes

Abstract

My object in preparing these notes is to introduce students of naval architecture and marine engineering to engineering economy as a tool in ship design. The emphasis is on the principles of engineering economy. Methods of making practical application of these principles to ship design are touched upon, but no effort is made to provide factual cost data. You will find such information available in industry, and years of experience may bring you the facility of making reliable cost projections.