| 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. |
| # | 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. |
| 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 |
| 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. | ✔ | |||||
| 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 |
| Ders Kitabı veya Notu | Ders Kitabı veya Ders Notu bulunmamaktadır. |
|---|---|
| Diğer Kaynaklar |
|
| 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 | ||