ENGINEERING ECONOMICS PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
MHY519	ENGINEERING ECONOMICS	1	3	3	6

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	MASTER'S DEGREE, TYY: + 7.Level, EQF-LLL: 7.Level, QF-EHEA: Second Cycle
Type of the Course :	Elective
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit	Assist.Prof. DİDEM YILMAZ ÇAPKUR
Instructor(s) of the Course Unit	Assist.Prof. DİDEM YILMAZ ÇAPKUR
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	The objective of this course is to make discussion and analysis of complex finance problems, develop new data and research-based solution, describe the methods used to compare investment projects and ensure to perform an application on this issues.
Contents of the Course Unit:	Decision Making In Engineering Problems, One Conservative Decision Making Problems , Cash Flows , Interest Accounts , Current Value And Future Value Analysis , Annual Equivalent Cash Flow Analysis , Internal Rate Of Return , External Rate Of Return , Depreciation Methods.

KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to)
Gain the information about the basic structure and elements of an investment project
Learn information of investment types, time value of money and interest, interest formulas and knowledge of types of interest
Adapt the economic terms in real life problems.

WEEKLY COURSE CONTENTS AND STUDY MATERIALS FOR PRELIMINARY & FURTHER STUDY
Week	Preparatory	Topics(Subjects)	Method
1	-	Decision Making In Engineering Problems	-
2	-	Decision Making In Engineering Problems	-
3	-	One Conservative Decision Making Problems	-
4	-	Cash Flows	-
5	-	Interest Accounts	-
6	-	Current Value And Future Value Analysis	-
7	-	Internal rate of return	-
8	-	MID-TERM EXAM	-
9	-	External rate of return	-
10	-	Payback period analysis	-
11	-	Payback period analysis	-
12	-	Profit-cost ratio analysis	-
13	-	Depreciation	-
14	-	Inflation and price changes	-
15	-	Analysis under uncertainty	-
16	-	FINAL EXAM	-
17	-	FINAL EXAM	-

SOURCE MATERIALS & RECOMMENDED READING
Blank, L. T., & Tarquin, A. J. (2008). Basics of engineering economy/Leland Blank, Anthony Tarquin. Boston: McGraw-Hill Higher-Education,.

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description	Examination Method
Mid-Term Exam	1	50
Final Exam	1	50
TOTAL	2	100

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Gaining expertise in management processes and management and integrating this knowledge with knowledge from different disciplines					4

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Have the ability to conduct scientific research, publication and presentation within the framework of academic ethics by using foreign language knowledge and skills.				3

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Have the ability to use advanced computer, information and communication technologies.				3

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Have the ability to effectively solve complex problems in the related field by reinforcing non-Industrial Engineering undergraduate knowledge with Engineering Management knowledge and skills						5

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Have the ability to work individually in their field and lead the team in the problems encountered.				3

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Have the ability to work in multidisciplinary engineering teams				3

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Have the knowledge and skills to criticize social norms.			2

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Have the ability to make strategic and operational decisions for solving problems related to the field						5
2	To be able to use the methods, tools and techniques required to solve the problems related to the field.						5

WORKLOAD & ECTS CREDITS OF THE COURSE UNIT
Workload for Learning & Teaching Activities
Type of the Learning Activites	Learning Activities (# of week)	Duration (hours, h)	Workload (h)
Lecture & In-Class Activities	14	3	42
Preliminary & Further Study	14	3	42
Land Surveying	0	0	0
Group Work	0	0	0
Laboratory	0	0	0
Reading	14	3	42
Assignment (Homework)	0	0	0
Project Work	0	0	0
Seminar	0	0	0
Internship	0	0	0
Technical Visit	0	0	0
Web Based Learning	0	0	0
Implementation/Application/Practice	0	0	0
Practice at a workplace	0	0	0
Occupational Activity	0	0	0
Social Activity	0	0	0
Thesis Work	0	0	0
Field Study	0	0	0
Report Writing	0	0	0
Final Exam	1	1	1
Preparation for the Final Exam	1	13	13
Mid-Term Exam	1	1	1
Preparation for the Mid-Term Exam	1	13	13
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	46	0	154