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Author Sage, Andrew P.

Title Economic systems analysis and assessment : cost, value, and competition in information and knowledge intensive systems, organizations, and enterprises / Andrew P. Sage, William B. Rouse. [O'Reilly electronic resource]

Imprint Hoboken, N.J. : Wiley, 2011.
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Description 1 online resource (xi, 404 pages) : illustrations.
Series Wiley series in systems engineering and management ; 54
Wiley series in systems engineering and management.
Bibliography Includes bibliographical references and index.
Summary "This important book fills the need for a textbook on economic systems analysis and assessment, providing extensive coverage on various topics including microeconomic systems and assessment, cost effectiveness, cost estimation for software and systems, strategic investments, and valuation methods. It serves as an effective textbook for senior undergraduate and first-year graduate courses in economic systems analysis and assessment, as well as a valuable reference for engineers and managers involved in information technology intensive systems."-- Provided by publisher.
"This book provides the fundamentals of economic systems analysis and assessment for engineers and managers concerned with systems engineering and management of systems. No prior background in mathematical programming or economics is assumed, although some exposure to undergraduate micro-economics is recommended. This pertinant discussion of engineering economic systems will be relevant for those who use the subject matter in their professional practice"-- Provided by publisher.
Contents Machine generated contents note: 1.1. Introduction -- 1.2. Framework For Systems Engineering And Management -- 1.3. Theory Of The Firm -- 1.4. Theory Of The Consumer -- 1.5. Interaction Of The Theories Of Firms And Consumers: Microeconomic Models Of Economic Activity -- 1.6. Welfare Or Normative Economics -- 1.7. Program And Project Management Economics -- 1.8. Contemporary Issues Concerning Information And Information Technology Economics -- 1.9. Economic Pitfalls In The Engineering Of Systems -- 1.10. Summary -- 2.1. Introduction -- 2.2. Production Function -- 2.3. Multiproduct Firms And Multiproduct Production Functions -- 2.4. Classic Theory Of The Firm -- 2.5. Imperfect Competition -- 2.6. Summary -- 3.1. Introduction -- 3.2. Economic Utility Theory And Its Axioms -- 3.3. Properties Of Utility Functions -- 3.4. Fundamental Problem Of The Consumer -- 3.5. Sensitivity And Substitution Effects -- 3.6. Summary -- 4.1. Introduction -- 4.2. Basic Supply, demand Equilibrium For A Single Good -- 4.3. General Supply, demand Equilibrium Conditions -- 4.4. Extensions To General Equilibrium To Include Market Interdependencies -- 4.5. Microeconomic Models -- 4.6. Summary -- 5.1. Introduction -- 5.2. Pareto Optimality Under Perfect Competition Conditions -- 5.3. External Effects And Imperfect Competition: Public Goods -- 5.4. External Effects And Imperfect Competition: Nonindependent Production And Consumption -- 5.5. Welfare Maximization And Social Choice -- 5.6. Summary -- 6.1. Introduction -- 6.2. Time Value Of Money -- 6.3. Identification Of Costs And Benefits -- 6.4. Identification And Quantification Of Effectiveness -- 6.5. Summary -- 7.1. Model-Based Parameters For Productivity -- 7.2. Early Models For Estimation Of Costs, Including Effort And Schedule -- 7.3. Constructive Cost Model -- 7.4. Summary -- 8.1. Microeconomics -- 8.2. Investment Problem -- 8.3. Investment Valuation -- 8.4. Summary -- 9.1. Nature Of Options -- 9.2. Option Pricing Theory -- 9.3. Option Calculator -- 9.4. Strategic Metrics -- 9.5. Investment Decision Making -- 9.6. Value-Centered R & D -- 9.7. Summary -- 10.1. Introduction -- 10.2. Evolutionary Economics -- 10.3. Path Dependence And Network Effects -- 10.4. Intellectual Capital -- 10.5. Value Of Information -- 10.6. Investing In Humans -- 10.7. Summary.
Language English.
Subject Microeconomics.
System analysis.
Systems Analysis
Microéconomie.
Analyse de systèmes.
systems analysis.
Microeconomics
System analysis
Added Author Rouse, William B.
Other Form: Print version: Sage, Andrew P. Economic systems analysis and assessment. Hoboken, N.J. : Wiley, 2011 (DLC) 2010042299
ISBN 9781118015476 (e-book)
1118015479 (e-book)
9781118015483
1118015487
(hbk.)
1283026511
9781283026512
9786613026514
6613026514
1118015495
9781118015490
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