| 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: |
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| 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| LO: Learning Objectives | PQ: Program Qualifications |
| Contribution Level: | 1 Very Low | 2 Low | 3 Medium | 4 High | 5 Very High |