Economics Basics

by Dr. Samuel L. Baker

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ConcreteBasics.org expresses its special thanks to Dr. Samuel L. Baker, Ph.D., Department of Health Services Policy and Management,University of South Carolina, U.S.A for granting the permission to publish his interactive tutorials for the benefit of civil engineers. We hope that this will help the engineers in gaining a better conceptual understanding of project financing & related aspects.
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List of Articles:

1 Concept of Costs: Total Cost, Fixed Cost, Variable Cost & Marginal Cost
2 Marginal Cost and output rate under competition
3 Average Cost and break-even analysis
4 Discounting Future Income and Present Value
5 Internal Rate of Return
6 Perils of Internal Rate of Return

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