ENGINEERING ECONOMICS PROGRAMME COURSE DESCRIPTION

Code	Name of the Course Unit	Semester	In-Class Hours (T+P)	Credit	ECTS Credit
END319	ENGINEERING ECONOMICS	5	3	3	5

GENERAL INFORMATION
Language of Instruction :	Turkish
Level of the Course Unit :	BACHELOR'S DEGREE, TYY: + 6.Level, EQF-LLL: 6.Level, QF-EHEA: First Cycle
Type of the Course :	Compulsory
Mode of Delivery of the Course Unit	-
Coordinator of the Course Unit	Prof. TARIK ÇAKAR
Instructor(s) of the Course Unit	Assist.Prof. DİDEM YILMAZ ÇAPKUR
Course Prerequisite	No

OBJECTIVES AND CONTENTS
Objectives of the Course Unit:	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 these 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)
Student gains the information about the basic structure and elements of an investment project
Student gains the information of investment types, time value of money and interest, interest formulas and knowledge of types of interest.
Student adapts 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
Mühendislik Ekonomisi, Ethem Tolga, Galatasaray Üniversitesi Yayınları,1990,
İşletme Matematiği ,. Ömer Önalan , Avcıol basım yayın İstanbul, 2010

ASSESSMENT
Assessment & Grading of In-Term Activities	Number of Activities	Degree of Contribution (%)	Description

Level of Contribution
0	1	2	3	4	5

KNOWLEDGE
Theoretical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Gain sufficient knowledge in Mathematics, Science and Industrial Engineering.					4

KNOWLEDGE
Factual
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Analyzes and evaluates existing application areas in the field of Industrial Engineering and develops applications for their solutions.				3

SKILLS
Cognitive
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Analyzes a system, the components of that system, the process of that system, and designs the system by examining it in line with realistic constraints and goals.				3
2	Gains the ability to model and solve engineering problems.				3

SKILLS
Practical
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Identifies the problems that may be encountered in the field of industrial engineering and acquires the ability to choose and apply the appropriate method to be used in problem solving.				3
2	Selects and uses technical tools necessary for industrial engineering applications; uses information technologies effectively.				3
3	Designs experiments, conducts experiments, collects data, analyzes and interprets the results to examine problems in the field of industrial engineering.					4

OCCUPATIONAL
Autonomy & Responsibility
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Gains the ability to work effectively within a team.		1
2	Works effectively individually and takes responsibility.			2

OCCUPATIONAL
Learning to Learn
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Accesses the necessary information for a determined problem and searches for resources for this purpose.				3
2	Has the ability to follow all developments in the field of industrial engineering and constantly renew itself.				3

OCCUPATIONAL
Communication & Social
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Gains oral and written communication skills and speaks at least one foreign language.			2

OCCUPATIONAL
Occupational and/or Vocational
	Programme Learning Outcomes	Level of Contribution
		0	1	2	3	4	5
1	Has awareness of professional and ethical responsibility.			2
2	Has knowledge about the universal and social effects of industrial engineering applications and reaches solutions by being aware of the importance of an innovative approach in solving engineering problems.			2

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	0	0	0
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	2	3	6
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	2	2
Preparation for the Final Exam	5	3	15
Mid-Term Exam	1	2	2
Preparation for the Mid-Term Exam	5	3	15
Short Exam	0	0	0
Preparation for the Short Exam	0	0	0
TOTAL	42	0	124