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COURSE INFORMATION
Course CodeCourse TitleL+P HourSemesterECTS
MTMM 228ENGINEERING ECONOMICS2 + 04th Semester2,5

COURSE DESCRIPTION
Course Level Bachelor's Degree
Course Type Compulsory
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
1Students realize necessity of economic analysis for evaluation engineering projects and can analyse engineering problems in terms of economic perspectives
2Students can explicate relationship between interest, money and time

COURSE'S CONTRIBUTION TO PROGRAM
PO 01PO 02PO 03PO 04PO 05PO 06PO 07PO 08PO 09PO 10PO 11PO 12PO 13PO 14
LO 00112233445512111
LO 002              
Sub Total12233445512111
Contribution11122223311111

ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
ActivitiesQuantityDuration (Hour)Total Work Load (Hour)
Course Duration (14 weeks/theoric+practical)14228
Hours for off-the-classroom study (Pre-study, practice)14114
Assignments11010
Final examination11010
Presentation / Seminar Preparation133
Total Work Load

ECTS Credit of the Course






65

2,5
COURSE DETAILS
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L+P: Lecture and Practice
PQ: Program Learning Outcomes
LO: Course Learning Outcomes