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Information
| Unit | FACULTY OF ENGINEERING |
| MINING ENGINEERING PR. | |
| Code | MDS309 |
| Name | Mining Economics |
| Term | 2015-2016 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | Türkçe |
| Level | Üniversite Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HÜSEYİN VAPUR |
| Course Instructor |
Prof. Dr. HÜSEYİN VAPUR
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
To teach the determination of varieties of income and expenses used in the preparation of the mining projects, preperation of feasibility studies and implementation and evaluation of general mining project development
Course Content
The scope of mining economy, internal and foreign mining economy, fixed and variable cost, unit cost and break-even point, interest and depreciation calculations, investment types, feasibility studies, economic and technical analysis, financial analysis, preparation of mining projects and general topics, the project evaluation.
Course Precondition
Yok
Resources
Notes
Ders Notu ve KitaplarDiğer Kaynaklar
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Learns about interior-Exterior mining economy |
| LO02 | Learns about break-even point, the unit cost of the fixed and variable costs. |
| LO03 | Learns about calculation of depreciation. |
| LO04 | Learns about applications of interest and compound interest. |
| LO05 | Learns about feasibility projects. |
| LO06 | Learns about mining projects. |
| LO07 | Learns about profitability analysis. |
| LO08 | Learns about project evaluation. |
| LO09 | Learns about fees systems. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Students gain adequate knowledge about the engineering fields in the branches of mathematics, physical sciences or their own branches | |
| PLO02 | - | Students use the theoretical and practical knowledge in mathematics, physical sciences and their fields for engineering solutions | |
| PLO03 | - | Students choose and use the appropriate analytical mehtods and modelling techniques to identify, formulate, and solve the engineering problems | |
| PLO04 | - | Students design and carry out experiments, collect data, analyze and interpret the results. | |
| PLO05 | - | Students gain the capacity to analyze a system, a component, and desing the process under realistic constraints to meet the desired requirements; and the ability to apply the methods of modern design accordingly | |
| PLO06 | - | Students choose and use the modern technical tools necessary for engineering practice. | |
| PLO07 | - | Students gain the ability to work effectively both as an individual and in multi-disciplinary teams. | |
| PLO08 | - | Students follow the current developments in their fields with a recognition of the need for lifelong learning and constantly improve themselves | |
| PLO09 | - | Students use the resources of information and databases for the purpose of doing research and accesing information. | |
| PLO10 | - | Students follow the scientific and technological developments in recognition of the need for lifelong learning, and continuously keep their knowledge up to date. | |
| PLO11 | - | Students use the information and communication technologies together with the computer software at the level required by the European Computer Driving Licence. | |
| PLO12 | - | Students use a foreign language according to the general level of European Language Portfolio B1 to communicate effectively in oral and written form. | |
| PLO13 | - | Students gain the ability to communicate using technical drawing. | |
| PLO14 | - | Students become informed of professional and ethical responsibility. | |
| PLO15 | - | Students develop an awareness as regards project management, workplace practices, employee health, environmental and occupational safety; and the legal implications of engineering applications. | |
| PLO16 | - | Students develop an awareness of the universal and social effects of engineering solutions and applications, the entrepreneurship and innovation subjects and gain knowledge of contemporary issues |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The main scope of the mining economy, domestic and foreign mining economy and paying the cost | lecture note (0-13) | |
| 2 | Break-even point, the unit cost of the fixed and variable costs | lecture note (14-25) | |
| 3 | calculation methods of depreciation | lecture note (26-35) | |
| 4 | interest and compound interest | lecture note (36-42) | |
| 5 | applications of compound interest | lecture note (43-53) | |
| 6 | types of investment projects and investment | lecture note (54-67) | |
| 7 | Feasibility studies and preparation of investment projects | lecture note (68-80) | |
| 8 | Economic and technical studies | lecture note (81-95) | |
| 9 | midterm exam | ||
| 10 | Financial feasibility and profitability analysis | lecture note (96-110) | |
| 11 | Investment project evaluation methods (static methods) | lecture note (111-122) | |
| 12 | Dynamic methods of project evaluation | lecture note (123-137) | |
| 13 | Wage systems and project implementation | lecture note (138-158) | |
| 14 | Applications | lecture notes | |
| 15 | Repetition of subject, applications, and make-up examination | lecture notes | |
| 16 | Final exam | ||
| 17 | Final exam |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | -20 |
| 1. Midterm Exam | 100 | -20 |
| General Assessment | ||
| Midterm / Year Total | 200 | -20 |
| 1. Final Exam | - | 60 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 2 | 28 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 1 | 2 | 2 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 10 | 10 |
| Final Exam | 1 | 10 | 10 |
| Total Workload (Hour) | 92 | ||
| Total Workload / 25 (h) | 3,68 | ||
| ECTS | 4 ECTS | ||