EM553 Advanced Engineering Economics

6 ECTS - 3-0 Duration (T+A)- 1. Semester- 3 National Credit

Information

Unit INSTITUTE OF NATURAL AND APPLIED SCIENCES
INDUSTRIAL ENGINEERING (MASTER) (WITH THESIS)
Code EM553
Name Advanced Engineering Economics
Term 2018-2019 Academic Year
Term Fall
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 6 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Belirsiz
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Öğr. Gör. Dr. İRFAN MACİT
Course Instructor
The current term course schedule has not been prepared yet.


Course Goal / Objective

In this course, it is aimed to gain skills related to management and information systems.

Course Content

Management Systems, Management Information Systems

Course Precondition

Resources

Notes



Course Learning Outcomes

Order Course Learning Outcomes


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 - Understands, interprets and applies knowledge in his/her field domain both in-depth and in-breadth by doing scientific research in industrial engineering.
PLO02 - Acquires comprehensive knowledge about methods and tools of industrial engineering and their limitations.
PLO03 - Designs and performs analytical modeling and experimental research and analyze/solves complex matters emerged in this process.
PLO04 - Completes and applies the knowledge by using scarce and limited resources in a scientific way and integrates the knowledge into various disciplines.
PLO05 - Keeps up with the recent changes and applications in the field of Industrial Engineering and examines and learns these innovations when necessary.
PLO06 - Has the ability to propose new and/or original ideas and methods, develops innovative solutions for designing systems, components or processes.
PLO07 - Designs Industrial Engineering problems, develops innovative methods to solve the problems and applies them.
PLO08 - Works in multi-disciplinary teams and takes a leading role and responsibility.
PLO09 - Identifies, gathers and uses necessary information and data.
PLO10 - Follows, studies and learns new and developing applications of industrial engineering.
PLO11 - Uses a foreign language in verbal and written communication at least B2 level of European Language Portfolio.
PLO12 - Presents his/her research findings systematically and clearly in oral and written forms in national and international platforms.
PLO13 - Understands social and environmental implications of engineering practice.
PLO14 - Considers social, scientific and ethical values in the process of data collection, interpretation and announcement of the findings.
PLO15 - Works in multi-disciplinary teams, take a leading role and responsibility and develop solutions for complex problems.


Week Plan

Week Topic Preparation Methods
1 Introduction and basic concepts. Introduction of the course.
2 Engineering Economics and Its Role in Decision Making. Reading part.
3 What is compound interest, nominal and effective interest. Short notes about definitions.
4 What is Single Payment, Uniform Serial Payment, how to apply. Short notes about definitions.
5 Arithmetic and Geometric Payment Factor. Homework in class problems.
6 Present and Future Value Analysis. Reading part.
7 Annual Value Analysis is how it is applied. Homework in class problems.
8 Mid-Term Exam Sample Problems.
9 Profit Maximization. Reading part.
10 Production Costs and Cost. Business chart analysis course notes.
11 Depreciation. Homework about depreciation.
12 Depreciation calculations with Excel. Excel lecture notes.
13 Present and Future Value Analysis with Excel. Excel lecture notes.
14 Annual Value Analysis with Excel. Recalculate the problems described in the course.
15 Advanced Engineering Economics Applications with Excel. Excel lecture notes.
16 Term Exams Application preparation.
17 Term Exams Application preparation.

Update Time: 21.01.2019 08:05