PAÜ .:. Eğitim Öğretim Bilgi Sistemi

COURSE INFORMATION

Course Code	Course Title	L+P Hour	Semester	ECTS
MTMM 228	ENGINEERING ECONOMICS	2 + 0	6th Semester	4

COURSE DESCRIPTION

Course Level	Bachelor's Degree
Course Type	Elective
Course Objective	The aim is to teach students basic Engineering Economy concepts and helping them to make comparison, choice, analysis and evaluation based on economical diversities between alternatives through performing different economic evaluation methods.
Course Content	Basic Concepts, Balance of Cash Flow, Relationships between Time, Money and Interest, Present Worth Method, Annual Worth Method, Future Worth Method, Internal Rate of Return Method, External Rate of Return, Performing Comparison between Alternatives, Cash Flow Analysis After Taxation, Effect of Inflation on Cash Flows, Breakeven Analysis, Benefit-Cost Ratios, Depreciation and Replacement Analysis
Prerequisites	No the prerequisite of lesson.
Corequisite	No the corequisite of lesson.
Mode of Delivery	Face to Face

COURSE LEARNING OUTCOMES

1	Students realize necessity of economic analysis for evaluation engineering projects and can analyse engineering problems in terms of economic perspectives
2	Students can explicate relationship between interest, money and time

COURSE'S CONTRIBUTION TO PROGRAM

	PO 01	PO 02	PO 03	PO 04	PO 05	PO 06	PO 07	PO 08	PO 09	PO 10	PO 11	PO 12	PO 13	PO 14
LO 001	1	2	2	3	3	4	4	5	5	1	2	1	1	1
LO 002
Sub Total	1	2	2	3	3	4	4	5	5	1	2	1	1	1
Contribution	1	1	1	2	2	2	2	3	3	1	1	1	1	1

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION

Activities	Quantity	Duration (Hour)	Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)	14	3	42
Hours for off-the-classroom study (Pre-study, practice)	14	2	28
Assignments	7	2	14
Mid-terms	1	5	5
Final examination	1	10	10
Quiz	5	1	5
Total Work Load ECTS Credit of the Course			104 4

COURSE DETAILS

Select Year

Course Details

Course Code	Course Title	L+P Hour	Course Code	Language Of Instruction	Course Semester
MTMM 228	ENGINEERING ECONOMICS	2 + 0	1	Turkish	2021-2022 Spring

Course Coordinator	E-Mail	Phone Number	Course Location	Attendance
Asts. Prof. Dr. HİLAL CAN	hilalcan@pau.edu.tr		TEK A0108	%70

Goals		The aim is to teach students basic Engineering Economy concepts and helping them to make comparison, choice, analysis and evaluation based on economical diversities between alternatives through performing different economic evaluation methods.
Content		Basic Concepts, Balance of Cash Flow, Relationships between Time, Money and Interest, Present Worth Method, Annual Worth Method, Future Worth Method, Internal Rate of Return Method, External Rate of Return, Performing Comparison between Alternatives, Cash Flow Analysis After Taxation, Effect of Inflation on Cash Flows, Breakeven Analysis, Benefit-Cost Ratios, Depreciation and Replacement Analysis

Topics

Weeks	Topics
1	Economy, basic concepts
2	General economy terms: production, needs, bazaar, taxes
3	General economy terms: cost, Gossen 1 and Gossen2 laws, unemployment
4	Outgoing engineering and cost engineering
5	Decisions of engineering economy
6	Cost accounting, Balance of Cash Flow
7	Internal Rate of Return Methods, accounting cash flow
8	General review, solving sample problems
9	Mid-term
10	Accounting of amortization
11	Analysis of today's value and values at future
12	Relationships between time and money, interest types
13	Accounting interest
14	General review

Materials

Materials are not specified.

Resources

Resources	Resources Language
Mühendislik Ekonomisi Prensipler ve Uygulamalar, Prof. Dr. Osman OKKA, Nobel yayınevi, 5. basım, 2014	Türkçe

Course Assessment

Assesment Methods	Percentage (%)	Assesment Methods Title
Final Exam	50	Final Exam
Midterm Exam	50	Midterm Exam

L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes

Prospective Student