| Course Title | Code | Semester | L+U Hour | Credits | ECTS |
|---|---|---|---|---|---|
| Engineering Economy | ENM213 | 3. Semester | 3 + 0 | 3.0 | 4.0 |
| Prerequisites | None |
| Language of Instruction | Turkish |
| Course Level | Undergraduate |
| Course Type | |
| Mode of delivery | Face to face education |
| Course Coordinator |
Assist. Prof. Dr. Barış KANTOĞLU |
| Instructor(s) |
Barış KANTOĞLU |
| Assistants | |
| Goals | The aim of the course is to enable students to comprehend the criteria required to evaluate financial options of engineering investment decisions and to gain the ability to calculate these criteria. |
| Course Content | Introduction and basic concepts, interest types, time value of money, break-even analysis, economic analysis methods, evaluation of investment alternatives and selection of the most suitable project, depreciation and taxes. |
| Learning Outcomes |
- Assimilate the basic concepts of engineering economics and their importance in engineering decisions - express the role of engineering economics in decision making process - express what is necessary for engineering economy study - Calculates the temporal value of money by means of engineering economics tools. - Evaluate engineering projects and investments financially and economically by using engineering economics criteria - Has technical knowledge in engineering and economic knowledge at the level of decision making for investment projects. - Know the depreciation and tax accounts. |
| Week | Topics | Learning Methods |
|---|---|---|
| 1. Week | Basic Concepts of Engineering Economics, Decision Making Process in Engineering Economics Problems | Verbal Expression Practice Visual Presentation Course Hours |
| 2. Week | Cost Engineering Problems and Solutions | Visual Presentation Verbal Expression Practice Course Hours |
| 3. Week | Time Value Of Money And Equivalence | Visual Presentation Practice Course Hours Verbal Expression |
| 4. Week | Interest Types and Solutions of Interest Problems | Verbal Expression Course Hours Visual Presentation Practice |
| 5. Week | Engineering Economics Analysis, Cash Flow Diagram and Formulas Used | Course Hours Visual Presentation Verbal Expression Practice |
| 6. Week | Net Present Value Analysis, Future Value Analysis and Annual Equal Quantities Analysis | Verbal Expression Visual Presentation Practice Course Hours |
| 7. Week | Net Present Value Analysis, Future Value Analysis and Annual Equal Quantities Analysis | Practice Visual Presentation Verbal Expression Course Hours |
| 8. Week | Net Present Value Analysis, Future Value Analysis and Annual Equal Quantities Analysis | Practice Verbal Expression Course Hours Visual Presentation |
| 9. Week | Internal Yield Ratio Analysis and External Yield Ratio Analysis | Course Hours Verbal Expression Visual Presentation Practice |
| 10. Week | Refund Period Analysis | Course Hours Verbal Expression Practice Visual Presentation |
| 11. Week | Engineering Economics Analysis in Selection of Alternative Projects | Visual Presentation Practice Verbal Expression Course Hours |
| 12. Week | Engineering Economics Analysis in Selection of Alternative Projects | Course Hours Verbal Expression Practice Visual Presentation |
| 13. Week | Amortisman Ve Vergiler | Visual Presentation Practice Verbal Expression Course Hours |
| 14. Week | Break-even analysis | Verbal Expression Visual Presentation Course Hours Practice |
| Osman Okka, Mühendislik Ekonomisi, Nobel akademik Yayıncılık Eğitim Danışmanlık, 2014. |
| Program Requirements | Contribution Level | DK1 | DK2 | DK3 | DK4 | DK5 | DK6 | DK7 | Measurement Method |
|---|---|---|---|---|---|---|---|---|---|
| PY1 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY2 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY4 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY5 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY6 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY7 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY8 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| PY9 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| 0 | 1 | 2 | 3 | 4 | 5 | |
|---|---|---|---|---|---|---|
| Course's Level of contribution | None | Very Low | Low | Fair | High | Very High |
| Method of assessment/evaluation | Written exam | Oral Exams | Assignment/Project | Laboratory work | Presentation/Seminar |
| Event | Quantity | Duration (Hour) | Total Workload (Hour) |
|---|---|---|---|
| Course Hours | 14 | 3 | 42 |
| Midterm 1 | 1 | 2 | 2 |
| Homework 1 | 4 | 5 | 20 |
| Homework 2 | 3 | 5 | 15 |
| Final | 1 | 2 | 2 |
| Practice | 10 | 3 | 30 |
| Practice End-Of-Term | 9 | 3 | 27 |
| Classroom Activities | 15 | 1 | 15 |
| Total Workload | 153 | ||
| ECTS Credit of the Course | 4.0 | ||
