TÜRKÇE
ENGLISH
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
The mining engineer must have the necessary knowledge to carry out mining production activities efficiently and economically.
Course Content
Scope of mining economy, production expenses and costs, Break-even point analysis, Amortization calculation, equivalence and compound interest, investment types, evaluation of mining projects, wage systems
Course Precondition
No
Resources
Köse, H., Kahraman, B., (2019). Mining Economics, Dokuz Eylül University Faculty of Engineering Publications
Notes
Lecturar Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Gain knowledge about mining economy. |
| LO02 | Learn the concepts of production expenses, cost, income and profit in mines. |
| LO03 | Learn break-even point analysis. |
| LO04 | Have knowledge about depreciation. |
| LO05 | Learn the concepts of Equivalence and Compound Interest. |
| LO06 | Gets information about investment projects. |
| LO07 | Learn how to evaluate investment projects. |
| LO08 | Have knowledge about wage systems. |
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 | Introduction, Purpose and Scope, Resources | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 2 | Production expenses and costs | Literature review | Öğretim Yöntemleri: Anlatım, Tartışma |
| 3 | Types of expenses | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 4 | Concepts of Income and Profit | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 5 | Profit increasing methods | Literature review | Öğretim Yöntemleri: Alıştırma ve Uygulama, Anlatım |
| 6 | Break-even analysis | Literature review | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Traditional Break-even analysis | Literature review | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 8 | Mid-Term Exam | Lecture notes | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Depreciation duties | Literature review | Öğretim Yöntemleri: Anlatım, Tartışma |
| 10 | Depreciation methods | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 11 | Time value of money | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 12 | Concepts of Simple and Compound Interest | Literature review | Öğretim Yöntemleri: Anlatım, Tartışma |
| 13 | Types of investments | Literature review | Öğretim Yöntemleri: Anlatım, Tartışma |
| 14 | Evaluation of investment projects | Literature review | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 15 | Wage systems | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 16 | Term 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 | ||