Faculty Of Engıneerıng
Cıvıl Engıneerıng (Englısh)
Course Information
ENGINEERING ECONOMICS |
Code |
Semester |
Theoretical |
Practice |
National Credit |
ECTS Credit |
Hour / Week |
ECO401 |
Fall |
3 |
0 |
3 |
4 |
Prerequisites and co-requisites |
none |
Language of instruction |
English |
Type |
Required |
Level of Course |
Bachelor's |
Lecturer |
Prof. Dr. Yusuf ZEREN |
Mode of Delivery |
Face to Face |
Suggested Subject |
none |
Professional practise ( internship ) |
None |
Objectives of the Course |
To help students gain knowledge of engineering economics |
Contents of the Course |
The importance of engineering economy in decision making and knowing the relation between time and money and using this knowledge in decision making. |
Learning Outcomes of Course
# |
Learning Outcomes |
1 |
to be capable of money and capital analyis |
2 |
to be capable of renovation and cost analysis |
3 |
to design a project and to evaluate economics results |
4 |
to apply principles of engineering economics in career/worklife |
Course Syllabus
# |
Subjects |
Teaching Methods and Technics |
1 |
Principles of engineering economics |
Lecture |
2 |
Cost and cost analysis |
Lecture |
3 |
Money-time relationship |
Lecture |
4 |
Examples of money-time relationship |
Lecture |
5 |
Comparison alternatives |
Lecture |
6 |
Depreciation |
Lecture |
7 |
After tax calculations |
Lecture |
8 |
Cash flow |
Lecture |
9 |
Midterm exam |
Written exam |
10 |
Inflation |
Lecture |
11 |
Uncertainty |
Lecture |
12 |
Machine renewal |
Lecture |
13 |
Machine renewal |
Lecture |
14 |
Finance and resource allocation |
Lecture |
15 |
Benefit/cost analysis |
Lecture |
16 |
Final Exam |
Written exam |
Course Syllabus
# |
Material / Resources |
Information About Resources |
Reference / Recommended Resources |
1 |
Işık, A., “Mühendislik Ekonomisi”, 1999. |
|
|
2 |
Okka, O., “Mühendislik Ekonomisine Giriş” , 2006. |
|
|
Method of Assessment
# |
Weight |
Work Type |
Work Title |
1 |
40% |
Mid-Term Exam |
Mid-Term Exam |
2 |
60% |
Final Exam |
Final Exam |
Relationship between Learning Outcomes of Course and Program Outcomes
# |
Learning Outcomes |
Program Outcomes |
Method of Assessment |
1 |
to be capable of money and capital analyis |
1 |
1 |
2 |
to be capable of renovation and cost analysis |
1 |
1 |
3 |
to design a project and to evaluate economics results |
1 |
1 |
4 |
to apply principles of engineering economics in career/worklife |
2 |
2 |
PS. The numbers, which are shown in the column Method of Assessment, presents the methods shown in the previous table, titled as Method of Assessment.
Work Load Details
# |
Type of Work |
Quantity |
Time (Hour) |
Work Load |
1 |
Course Duration |
14 |
3 |
42 |
2 |
Course Duration Except Class (Preliminary Study, Enhancement) |
14 |
3 |
42 |
3 |
Presentation and Seminar Preparation |
0 |
0 |
0 |
4 |
Web Research, Library and Archival Work |
0 |
0 |
0 |
5 |
Document/Information Listing |
0 |
0 |
0 |
6 |
Workshop |
0 |
0 |
0 |
7 |
Preparation for Midterm Exam |
1 |
6 |
6 |
8 |
Midterm Exam |
1 |
2 |
2 |
9 |
Quiz |
0 |
0 |
0 |
10 |
Homework |
0 |
0 |
0 |
11 |
Midterm Project |
0 |
0 |
0 |
12 |
Midterm Exercise |
0 |
0 |
0 |
13 |
Final Project |
0 |
0 |
0 |
14 |
Final Exercise |
0 |
0 |
0 |
15 |
Preparation for Final Exam |
1 |
6 |
6 |
16 |
Final Exam |
1 |
2 |
2 |
|
100 |