Faculty Of Engıneerıng
Industrıal Engıneerıng (Englısh)
Course Information
| ENGINEERING ECONOMICS |
| Code |
Semester |
Theoretical |
Practice |
National Credit |
ECTS Credit |
| Hour / Week |
| INE323 |
Fall |
3 |
0 |
3 |
3 |
| 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 |
This lesson aims to provide sound and comprehensive coverage of the concept of engineering economics and also address the practical concerns of engineering economics. |
| Contents of the Course |
The topics covered in this course include:
• Understanding money and its management.
• Evaluating business and engineering.
• Development of project cash flows.
• Special topics in engineering economics. |
Learning Outcomes of Course
| # |
Learning Outcomes |
| 1 |
Student gains the information about the basic structure and elements of an investment project
|
| 2 |
Student gains the information of investment types, time value of money and interest, interest formulas and knowledge of types of interest.
|
| 3 |
Student adapts the economical terms in real life problems.
|
| 4 |
|
Course Syllabus
| # |
Subjects |
Teaching Methods and Technics |
| 1 |
Engineering economics decisions |
Lecturing |
| 2 |
Time value of money |
Lecturing |
| 3 |
Equivalence under inflation |
Lecturing |
| 4 |
Present worth analysis |
Lecturing |
| 5 |
Rate of return analysis |
Lecturing |
| 6 |
Business and Organizational Structures. |
Lecturing |
| 7 |
Midterm Exam |
Exam |
| 8 |
Accounting depreciation and incomes taxes |
Lecturing |
| 9 |
Project cash-flow analysis |
Lecturing |
| 10 |
Project cash-flow analysis
Handling project uncertainty |
Lecturing |
| 11 |
Replacement decisions |
Lecturing |
| 12 |
Benefit-cost- analysis |
Lecturing |
| 13 |
Understanding financial statement |
Lecturing |
| 14 |
Interest factors and compounding |
Lecturing |
| 15 |
Complementary work
|
Lecturing |
| 16 |
Final Exam |
Exam |
Course Syllabus
| # |
Material / Resources |
Information About Resources |
Reference / Recommended Resources |
| 1 |
Fundamentals of Engineering Economics, 2nd. Edition, Pearson International Edition, Chan S. Park
|
|
|
| 2 |
Contemporary Engineering Economics, 5th Edition.,Pearson International Edition, Chan. S. Park |
|
|
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 |
Student gains the information about the basic structure and elements of an investment project
|
1 |
1͵2 |
| 2 |
Student gains the information of investment types, time value of money and interest, interest formulas and knowledge of types of interest.
|
10 |
1͵2 |
| 3 |
Student adapts the economical terms in real life problems.
|
4 |
1͵2 |
| 4 |
|
|
|
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 |
1 |
14 |
| 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 |
5 |
5 |
| 8 |
Midterm Exam |
1 |
2 |
2 |
| 9 |
Quiz |
0 |
0 |
0 |
| 10 |
Homework |
5 |
1 |
5 |
| 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 |
20 |
20 |
| 16 |
Final Exam |
1 |
2 |
2 |
| |
90 |
