| 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 |
| Instructors |
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 | Practice Visual Presentation Course Hours Verbal Expression |
| 2. Week | Cost Engineering Problems and Solutions | Visual Presentation Practice Verbal Expression Course Hours |
| 3. Week | Time Value Of Money And Equivalence | Practice Course Hours Visual Presentation Verbal Expression |
| 4. Week | Interest Types and Solutions of Interest Problems | Verbal Expression Visual Presentation Course Hours Practice |
| 5. Week | Engineering Economics Analysis, Cash Flow Diagram and Formulas Used | Practice Course Hours Verbal Expression Visual Presentation |
| 6. Week | Net Present Value Analysis, Future Value Analysis and Annual Equal Quantities Analysis | Course Hours Visual Presentation Practice Verbal Expression |
| 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 Visual Presentation Verbal Expression Course Hours |
| 9. Week | Internal Yield Ratio Analysis and External Yield Ratio Analysis | Practice Course Hours Verbal Expression Visual Presentation |
| 10. Week | Refund Period Analysis | Verbal Expression Course Hours Visual Presentation Practice |
| 11. Week | Engineering Economics Analysis in Selection of Alternative Projects | Visual Presentation Verbal Expression Practice Course Hours |
| 12. Week | Engineering Economics Analysis in Selection of Alternative Projects | Practice Course Hours Visual Presentation Verbal Expression |
| 13. Week | Amortisman Ve Vergiler | Visual Presentation Course Hours Practice Verbal Expression |
| 14. Week | Break-even analysis | Course Hours Practice Verbal Expression Visual Presentation |
| 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 | ||
