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 | Asst. Prof. Coşkun DİZMEN |
| 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 | Synchronous |
| 2 | Understanding simple and compound interest | Synchronous |
| 3 | Time value of money – Part 1 | Synchronous |
| 4 | Time value of money – Part 2 | Synchronous |
| 5 | Equivalence under inflation | Synchronous |
| 6 | Present worth analysis | Synchronous |
| 7 | Midterm Exam | Exam |
| 8 | Rate of return analysis | Synchronous |
| 9 | Benefit-Cost Analysis | Synchronous |
| 10 | Accounting depreciation and incomes taxes | Synchronous |
| 11 | Project cash-flow analysis | Synchronous |
| 12 | Handling Project Uncertainty | Synchronous |
| 13 | Replacement decisions | Synchronous |
| 14 | Understanding financial statement | Synchronous |
| 15 | Complementary work | Synchronous |
| 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 | 30% | Mid-Term Exam | Mid-Term Exam |
| 2 | 50% | Final Exam | Final Exam |
| 3 | 20% | Mid-Term Exam | Mid-Term 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 |
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 | 2 | 5 | 10 |
| 8 | Midterm Exam | 2 | 2 | 4 |
| 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 |
| 97 | ||||