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Information
| Code | MDS331 |
| Name | Mining Economics |
| Term | 2024-2025 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 3 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HÜSEYİN VAPUR |
| Course Instructor |
Doç. Dr. Ali Can ÖZDEMİR
(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
No
Resources
Lecturar Notes
Notes
Mining economics, Halil Köse and Bayram Kahraman
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. |
| LO10 | Learns about interest and compound interest |
| LO11 | Learns about Economic and technical studies |
| LO12 | Learns about Investment project evaluation methods |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Students has sufficient knowledge on theoretical and applied subjects in the light of contemporary knowledge and scientific approaches in the field of mining. | |
| PLO02 | Beceriler - Bilişsel, Uygulamalı | Applies the knowledge she has received in the field of mining in multidisciplinary studies to produce solutions to the problems she has encountered. | 4 |
| PLO03 | Beceriler - Bilişsel, Uygulamalı | Analyzes problems with the help of up-to-date information and makes inferences for solutions. | 3 |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | It applies physical, chemical, mechanical and mineralogical analyzes in accordance with TSE standards in field studies or laboratory conditions. | |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Has the ability to analyze the engineering plans. | 4 |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | It dominates the machinery park in mining enterprises and can use them for the execution of mining activities. | |
| PLO07 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Students has the ability to solve the problems she encounters by working individually or in a team with other disciplines. | 2 |
| PLO08 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | It constantly follows the developments in the mining field, as it knows that the information is not static. | 3 |
| PLO09 | Yetkinlikler - Öğrenme Yetkinliği | It can use printed publications or databases to obtain the necessary information in mining processes. | 4 |
| PLO10 | Yetkinlikler - Öğrenme Yetkinliği | He/she carries out all his/her work in a planned way in order to constantly improve himself/herself and increase her knowledge level. | 5 |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Uses computers and other electronic resources in mining. | |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Uses at least one foreign language at B1 General Level in order to communicate and access information. | 3 |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Performs technical drawings by thinking in three dimensions in the studies she has done in her field. | |
| PLO14 | Yetkinlikler - Öğrenme Yetkinliği | It has the awareness of adhering to moral and ethical values while carrying out its mining activities. | 3 |
| PLO15 | Yetkinlikler - Öğrenme Yetkinliği | It is aware of the need to prioritize the environment and the health of employees, as it has an infrastructure on Occupational Health and Safety awareness in mining and their legal obligations. | |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Knows that the solutions to the problems in the mining field affect societies and communities, so they have information about the innovative applications and models developed. | 4 |
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) | Öğretim Yöntemleri: Anlatım |
| 2 | Break-even point, the unit cost of the fixed and variable costs | lecture note (14-25) | Öğretim Yöntemleri: Anlatım |
| 3 | calculation methods of depreciation | lecture note (26-35) | Öğretim Yöntemleri: Anlatım |
| 4 | interest and compound interest | lecture note (36-42) | Öğretim Yöntemleri: Anlatım |
| 5 | applications of compound interest | lecture note (43-53) | Öğretim Yöntemleri: Alıştırma ve Uygulama |
| 6 | types of investment projects and investment | lecture note (54-67) | Öğretim Yöntemleri: Anlatım |
| 7 | Feasibility studies and preparation of investment projects | lecture note (68-80) | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Lecture notes | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Economic and technical studies | lecture note (81-95) | Öğretim Yöntemleri: Anlatım |
| 10 | Financial feasibility and profitability analysis | lecture note (96-110) | Öğretim Yöntemleri: Anlatım |
| 11 | Investment project evaluation methods (static methods) | lecture note (111-122) | Öğretim Yöntemleri: Anlatım |
| 12 | Dynamic methods of project evaluation | lecture note (123-137) | Öğretim Yöntemleri: Anlatım |
| 13 | Wage systems and project implementation | lecture note (138-158) | Öğretim Yöntemleri: Anlatım |
| 14 | Applications | lecture note | Öğretim Yöntemleri: Anlatım |
| 15 | Repetition of subject, applications, and make-up examination | lecture note | Öğretim Yöntemleri: Anlatım |
| 16 | Make up Exams | Lecture notes | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Lecture notes | Ölçme Yöntemleri: Yazılı Sınav |
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 | 2 | 28 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 6 | 6 |
| Final Exam | 1 | 16 | 16 |
| Total Workload (Hour) | 78 | ||
| Total Workload / 25 (h) | 3,12 | ||
| ECTS | 3 ECTS | ||