Course Information

Course Information
Course Title Code Language Type Semester L+U Hour Credits ECTS
Engineering Economy ENM213 Turkish Compulsory 3. Semester 3 + 0 3.0 4.0
Prerequisite Courses
Course Level Undergraduate
Mode of delivery Face to face education
Course Coordinator Dr. Öğr. Üyesi Barış KANTOĞLU
Instructor(s) Dr. Öğr. Üyesi Barış KANTOĞLU (Güz)
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
# Öğrenme Kazanımı
1 Assimilate the basic concepts of engineering economics and their importance in engineering decisions
2 express the role of engineering economics in decision making process
3 express what is necessary for engineering economy study
4 Calculates the temporal value of money by means of engineering economics tools.
5 Evaluate engineering projects and investments financially and economically by using engineering economics criteria
6 Has technical knowledge in engineering and economic knowledge at the level of decision making for investment projects.
7 Know the depreciation and tax accounts.
Lesson Plan (Weekly Topics)
Week Topics/Applications Method
1. Week Basic Concepts of Engineering Economics, Decision Making Process in Engineering Economics Problems Practice, Presentation (Preparation), Interview
2. Week Cost Engineering Problems and Solutions Practice, Interview, Presentation (Preparation)
3. Week Time Value Of Money And Equivalence Practice, Presentation (Preparation), Interview
4. Week Interest Types and Solutions of Interest Problems Interview, Presentation (Preparation), Practice
5. Week Engineering Economics Analysis, Cash Flow Diagram and Formulas Used Interview, Presentation (Preparation), Practice
6. Week Net Present Value Analysis, Future Value Analysis and Annual Equal Quantities Analysis Practice, Interview, Presentation (Preparation)
7. Week Net Present Value Analysis, Future Value Analysis and Annual Equal Quantities Analysis Interview, Presentation (Preparation), Practice
8. Week Net Present Value Analysis, Future Value Analysis and Annual Equal Quantities Analysis Practice, Presentation (Preparation), Interview
9. Week Internal Yield Ratio Analysis and External Yield Ratio Analysis Interview, Presentation (Preparation), Practice
10. Week Refund Period Analysis Practice, Presentation (Preparation), Interview
11. Week Engineering Economics Analysis in Selection of Alternative Projects Practice, Interview, Presentation (Preparation)
12. Week Engineering Economics Analysis in Selection of Alternative Projects Practice, Presentation (Preparation), Interview
13. Week Amortisman Ve Vergiler Interview, Practice, Presentation (Preparation)
14. Week Break-even analysis Interview, Presentation (Preparation), Practice
*Midterm and final exam dates are not specified in the 14-week course operation plan. Midterm and final exam dates are held on the dates specified in the academic calendar with the decision of the University Senate.
The Matrix for Course & Program Learning Outcomes
No Program Requirements Level of Contribution
1 2 3 4 5
1 To have theoretical and / or practical knowledge in the field of mathematics, science, social sciences, engineering and / or industrial engineering, and the ability to use this knowledge to model and solve engineering problems
2 Gaining the ability to work actively in projects and projects aimed at professional development in both individual and multidisciplinary groups and taking responsibility in situations that may arise in this process
3 Knowledge of at least one foreign language at a level that will enable communication with colleagues in the field and follow current developments; ability to write and understand written reports effectively, prepare design and production reports, make effective presentations, and give and receive clear and understandable instructions.
4 To be individuals who are sensitive to universal and social values, have knowledge of professional and ethical responsibilities and standards used in engineering practices.
5 The ability to design a complex system, process, device or product to meet specific requirements under realistic constraints and conditions; the ability to apply modern design methods for this purpose.
6 Ability to design and conduct experiments, collect data, analyze and interpret results to investigate complex engineering problems or discipline-specific research topics.
7 Ability to select and use modern techniques and tools necessary for the identification, formulation, analysis and solution of complex problems encountered in engineering applications; ability to use information technologies effectively.
8 Knowledge of business practices such as project management, risk management and change management; awareness of entrepreneurship and innovation; knowledge of sustainable development.
9 Knowledge of the universal and societal impacts of engineering practices on health, environment and safety, and contemporary issues reflected in the field of engineering; awareness of the legal consequences of engineering solutions, the necessity of lifelong learning and the ability to continuously renew oneself.
Relations with Education Attainment Program Course Competencies
Program Requirements DK1 DK2 DK3 DK4 DK5 DK6 DK7
PY1 4 4 4 4 4 4 4
PY2 3 3 3 3 3 3 3
PY3 1 1 1 1 1 1 1
PY4 3 3 3 3 3 3 3
PY5 3 3 3 3 3 3 3
PY6 3 3 3 3 3 3 3
PY7 3 3 3 3 3 3 3
PY8 2 2 2 2 2 2 2
PY9 3 3 3 3 3 3 3
Recommended Sources
Ders Kitabı veya Notu Ders Kitabı veya Ders Notu bulunmamaktadır.
Diğer Kaynaklar
  • Osman Okka, Mühendislik Ekonomisi, Nobel akademik Yayıncılık Eğitim Danışmanlık, 2014.
ECTS credits and course workload
ECTS credits and course workload Quantity Duration (Hour) Total Workload (Hour)
Ders İçi
Class Hours 14 3 42
Sınavlar
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
*AKTS = (Total Workload) / 25,5 ECTS Credit of the Course 4.0