Türkçe English Rapor to Course Content
COURSE SYLLABUS
ENGINEERING ECONOMICS
1 Course Title: ENGINEERING ECONOMICS
2 Course Code: TEK4741-S
3 Type of Course: Optional
4 Level of Course: First Cycle
5 Year of Study: 4
6 Semester: 7
7 ECTS Credits Allocated: 3
8 Theoretical (hour/week): 2
9 Practice (hour/week) : 0
10 Laboratory (hour/week) : 0
11 Prerequisites: None
12 Recommended optional programme components: None
13 Language: Turkish
14 Mode of Delivery: Face to face
15 Course Coordinator: Doç.Dr. Tolga Tipi
16 Course Lecturers:
17 Contactinformation of the Course Coordinator: ttipi@uludag.edu.tr, Tel:0 (224) 2941590
U.Ü. Ziraat Fakültesi Tarım Ekonomisi Bölümü Görükle/Bursa
18 Website:
19 Objective of the Course: The aim of the engineering economics course is to provide the engineering students with the knowledge of criteria used for financial evaluation of alternative options in engineering decisions and to equip them with the necessary skills for their estimation.
20 Contribution of the Course to Professional Development
21 Learning Outcomes:
1 In depth comprehension of basic concepts in engineering economics and their importance in engineering decisions;
2 Ability to carry out financial and economical evaluation of alternative engineering projects and investments through use of engineering economics criteria;
3 Ability to arrange economic feasibility reports for engineering projects;
4 Ability to contribute to efficient and productive use of production factors by applying engineering economics principles to engineering decisions;
5 Having an advantage for managerial positions by possessing basic engineering economics knowledge together with technical engineering background;
22 Course Content:
Week Theoretical Practical
1 Introduction to engineering economics and relations with engineering decisions
2 Time value of money and interest rates
3 Inflation, nominal and real interest rates
4 The return on investment, Costs, cash flow analysis
5 Net present value analysis
6 Break even point analysis
7 Internal rate of return analysis Benefit/Cost analysisi
8 Course review and midterm exam
9 Choosing among investment alternatives, decision criteria, decision process
10 Sensivity (risk and uncertainty) analysis
11 Impact of inflation on decision process
12 Replacement analysisi
13 Depreciation and taxes
14 Feasibility practices
23 Textbooks, References and/or Other Materials: 1.Kahya, E.; Mühendislik Ekonomisi, Eskişehir Osmangazi Üniversitesi, Eskişehir, 2006.
2.C. S. Park , Contemporary Engineering Economics, Prentice Hall, Third Edition
http://www.eng.auburn.edu/~park/cee.html
3. W. J. Fabrycky , G. J. Thuesen, Economic Decision Analysis, Prentice Hall, Second Edition
4. E. P. Degarmo, W. G. Sullivan and J. A. Bontadelli, Engineering Economy, Macmillan Publishing Company, Eight Edition
24 Assesment
TERM LEARNING ACTIVITIES NUMBER PERCENT
Midterm Exam 1 40
Quiz 0 0
Homeworks, Performances 1 10
Final Exam 1 50
Total 3 100
Contribution of Term (Year) Learning Activities to Success Grade 50
Contribution of Final Exam to Success Grade 50
Total 100
Measurement and Evaluation Techniques Used in the Course
Information
25 ECTS / WORK LOAD TABLE
Activites NUMBER TIME [Hour] Total WorkLoad [Hour]
Theoretical 14 2 28
Practicals/Labs 0 0 0
Self Study and Preparation 14 1 14
Homeworks, Performances 1 15 15
Projects 0 0 0
Field Studies 0 0 0
Midtermexams 1 15 15
Others 0 0 0
Final Exams 1 15 15
Total WorkLoad 87
Total workload/ 30 hr 2,9
ECTS Credit of the Course 3
26 CONTRIBUTION OF LEARNING OUTCOMES TO PROGRAMME QUALIFICATIONS
PQ1 PQ2 PQ3 PQ4 PQ5 PQ6 PQ7 PQ8 PQ9 PQ10 PQ11 PQ12
LO1 0 0 3 3 4 5 5 0 4 2 2 0
LO2 0 0 2 3 3 5 5 0 3 0 0 0
LO3 0 0 0 4 4 5 5 0 0 0 0 0
LO4 0 0 3 3 5 4 4 0 0 0 0 0
LO5 0 0 0 0 0 0 0 0 3 5 4 0
LO: Learning Objectives PQ: Program Qualifications
Contribution Level: 1 Very Low 2 Low 3 Medium 4 High 5 Very High
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