ENM305 Engineering Economy

4 ECTS - 2-1 Duration (T+A)- 5. Semester- 2 National Credit

Information

Code ENM305
Name Engineering Economy
Term 2022-2023 Academic Year
Semester 5. Semester
Duration (T+A) 2-1 (T-A) (17 Week)
ECTS 4 ECTS
National Credit 2 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Dr. Öğr. Üyesi ZAHİDE FİGEN ANTMEN
Course Instructor Dr. Öğr. Üyesi ZAHİDE FİGEN ANTMEN (A Group) (Ins. in Charge)


Course Goal / Objective

To introduce industrial engineering students to the evaluation of investment projects and ensure that they approach the decision-making processes in this regard with a financial manager's point of view.For this purpose, derste, time value of money, project evaluation techniques, determination of cash flows related to investment projects and capital cost are taught.

Course Content

To give technical information about the evaluation of investment projects to industrial engineering students.

Course Precondition

yok

Resources

Course presentations

Notes

Fundamentals of engineering economics, Leland Blank, Anthony Tarquin


Course Learning Outcomes

Order Course Learning Outcomes
LO01 What can be used when engineering decisions are taken and how the cash flows are balanced in the economic direction with the help of interest formula
LO02 To be able to calculate the time value of money
LO03 Ability to compare alternative investment decisions
LO04 To learn basic information about investment planning


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Have sufficient knowledge of mathematics, science and related engineering disciplines; can use the theoretical and applied knowledge in these fields in complex engineering problems. 4
PLO02 Bilgi - Kuramsal, Olgusal Acquire the ability to identify, define, formulate and solve complex Industrial Engineering problems; for this purpose, will have the ability to choose and apply appropriate analysis and modeling methods. 4
PLO03 Bilgi - Kuramsal, Olgusal Design a complex system, process, device or product to meet specific requirements under realistic constraints and conditions; can apply modern design methods for this purpose. 5
PLO04 Bilgi - Kuramsal, Olgusal Develops modern techniques and tools necessary for the analysis and solution of complex problems encountered in engineering applications, and has the ability to use information technologies effectively. 4
PLO05 Bilgi - Kuramsal, Olgusal Have the ability to design experiments, collect data, analyze and interpret results for the investigation of complex engineering problems or discipline-specific research topics.
PLO06 Bilgi - Kuramsal, Olgusal Have the ability to work effectively in disciplinary and multi-disciplinary teams or individually. 5
PLO07 Beceriler - Bilişsel, Uygulamalı Ability to communicate effectively in Turkish orally and in writing; knowledge of at least one foreign language; have the ability to write effective reports and understand written reports, to prepare design and production reports, to make effective presentations, to give and receive clear and understandable instructions. 4
PLO08 Beceriler - Bilişsel, Uygulamalı Have the awareness of the necessity of lifelong learning; can follow the developments in science and technology and have the ability to constantly renew themselves. 4
PLO09 Yetkinlikler - Öğrenme Yetkinliği Acts in accordance with ethical principles, has knowledge about the standards used in engineering applications with the awareness of professional and ethical responsibility. 5
PLO10 Yetkinlikler - Öğrenme Yetkinliği Gain knowledge of business practices such as project management, risk management and change management; become aware of entrepreneurship and innovation. 5
PLO11 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Gains knowledge about the effects of engineering practices on health, environment and safety in universal and social dimensions and the problems of the age reflected in the field of engineering and has awareness of the legal consequences of engineering solutions. 3
PLO12 Yetkinlikler - Öğrenme Yetkinliği They can benefit from the power of effective communication in their professional life and have the ability to interpret developments correctly.
PLO13 Yetkinlikler - Öğrenme Yetkinliği Have the ability to design, develop, implement and improve integrated systems involving machine, time, information and money.
PLO14 Yetkinlikler - Öğrenme Yetkinliği Have the ability to design, develop, implement and improve complex products, processes, businesses, systems by applying modern design methods, under realistic conditions and constraints such as cost, environment, sustainability, manufacturability, ethical, health, safety and political issues. 3


Week Plan

Week Topic Preparation Methods
1 Engineering Economics Decisions Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
2 Financial Statement Analysis Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
3 Cost Concepts and Behaviors Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
4 Money Management Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
5 Investment Principles Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
6 Net Present Value Analysis Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
7 Annual Equivalent Analysis Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
8 Annual Value Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
9 Mid term exam Use the resources related to the subject Ölçme Yöntemleri:
Yazılı Sınav
10 Amortization Calculation Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
11 Project Cash Flows Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
12 Project Cash Flows. Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
13 Inflation and Project Cash Flows Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
14 Project Risk and Uncertainties Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
15 Renewal Resolutions Use the resources related to the subject Öğretim Yöntemleri:
Anlatım
16 Term Exams Use the resources related to the subject Ölçme Yöntemleri:
Yazılı Sınav
17 Term Exams Use the resources related to the subject Ölçme Yöntemleri:
Yazılı Sınav


Student Workload - ECTS

Works Number Time (Hour) Workload (Hour)
Course Related Works
Class Time (Exam weeks are excluded) 14 3 42
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 7 7
Final Exam 1 18 18
Total Workload (Hour) 111
Total Workload / 25 (h) 4,44
ECTS 4 ECTS

Update Time: 21.11.2022 03:33