Information
| Unit | FACULTY OF ENGINEERING |
| INDUSTRIAL ENGINEERING PR. | |
| Code | ENM359 |
| Name | Engineering Economy |
| Term | 2018-2019 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Belirsiz |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Doç. Dr. ZAHİDE FİGEN ANTMEN |
| Course Instructor |
Doç. Dr. ZAHİDE FİGEN ANTMEN
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
To introduce industrial engineering students to the evaluation of investment projects and ensure that they approach the decision-making processes in this regard with a financial manager's point of view.For this purpose, derste, time value of money, project evaluation techniques, determination of cash flows related to investment projects and capital cost are taught.
Course Content
To give technical information about the evaluation of investment projects to industrial engineering students.
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | - | Has sufficient background on topics related to mathematics, physical sciences and industrial engineering. | 3 |
| PLO02 | - | Gains ability to use the acquired theoretical knowledge on basic sciences and industrial engineering for describing, formulating and solving an industrial engineering problem, and to choose appropriate analytical and modeling methods. | 4 |
| PLO03 | - | Gains ability to analyze a service and/or manufacturing system or a process and describes, formulates and solves its problems . | 5 |
| PLO04 | - | Gains ability to choose and apply methods and tools for industrial engineering applications. | 4 |
| PLO05 | - | Can collect and analyze data required for industrial engineering problems ,develops and evaluates alternative solutions. | 4 |
| PLO06 | - | Works efficiently and takes responsibility both individually and as a member of a multi-disciplinary team. | 5 |
| PLO07 | - | Can access information and to search/use databases and other sources for information gathering. | 3 |
| PLO08 | - | Appreciates life time learning; follows scientific and technological developments and renews himself/herself continuously. | 3 |
| PLO09 | - | Can use computer software in industrial engineering along with information and communication technologies. | 4 |
| PLO10 | - | Can use oral and written communication efficiently. | 3 |
| PLO11 | - | Uses English skills to follow developments in industrial engineering and to communicate with people in his/her profession. | 4 |
| PLO12 | - | Has a conscious understanding of professional and ethical responsibilities. | 3 |
| PLO13 | - | Has a necessary consciousness on issues related to job safety and health, legal aspects of environment and engineering practice. | 4 |
| PLO14 | - | Becomes competent on matters related to project management, entrepreneurship, innovation and has knowledge about current matters in industrial engineering. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Engineering Economics Decisions | Use the resources related to the subject | |
| 2 | Financial Statement Analysis | Use the resources related to the subject | |
| 3 | Cost Concepts and Behaviors | Use the resources related to the subject | |
| 4 | Money Management | Use the resources related to the subject | |
| 5 | Investment Principles | Use the resources related to the subject | |
| 6 | Net Present Value Analysis | Use the resources related to the subject | |
| 7 | Annual Equivalent Analysis | Use the resources related to the subject | |
| 8 | Mid-Term Exam | Use the resources related to the subject | |
| 9 | Mid term exam | Use the resources related to the subject | |
| 10 | Amortization Calculation | Use the resources related to the subject | |
| 11 | Project Cash Flows | Use the resources related to the subject | |
| 12 | Project Cash Flows | Use the resources related to the subject | |
| 13 | Inflation and Project Cash Flows | Use the resources related to the subject | |
| 14 | Project Risk and Uncertainties | Use the resources related to the subject | |
| 15 | Renewal Resolutions | Use the resources related to the subject | |
| 16 | Term Exams | Use the resources related to the subject | |
| 17 | Term Exams | Use the resources related to the subject |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |