Value Of Money - Equivalence:

Value of money, Equations for economic studies and equivalence. Amortization, Capital recovery, Depreciation.

Capital Requirements For process Plants:

Project implementation steps, Feasibility studies, Capital requirements for process plants, Cost indices, Equipment cost, Service facilities. Capital requirements for complete plants, Balance sheet.

Cost, Earnings, Profits And Returns:

Variable cost, Fixed cost, Income statement, Economic production charts. Capacity factors, Taxes and insurance.

Economics Of Selecting Alternates:

Annual cost method, Present worth method, Equivalent alternates, Rate of return and paymenttime. Cash flow analysis.

Overall Cost Analysis And Economic Trade Offs:Economic balance:

Economic balance in batch operations, Utility cost, Overhead cost, Plant layout & Overall cost analysis for the plant, Economic trade offs .


1. M. S. Peters and K. D. Timmerhaus, "Plant Design and Economics for Chemical Engineers", McGraw Hill book Co., New York, 1991
2. H. E. Schwyer, "Process Engineering Economics", McGraw Hill Book Co., N.Y


1. F. C. Jelen, "Cost and Optimization Engineering", McGraw Hill Book Co., New York, 1970.
2. Robin Smith, “ Chemical Process Design”, McGraw Hill Book Co., New York, 1995.