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Information
| Unit | CEYHAN FACULTY OF ENGINEERING |
| Code | CKS304 |
| Name | Chemical Engineering Economics |
| Term | 2021-2022 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 4 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Öğr. Gör. Dr. ARZU SANDALLIOĞLU |
| Course Instructor |
Öğr. Gör. Dr. ARZU SANDALLIOĞLU
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
1.To lead students for developing their ability of specifying and solving chemical engineering problems 2.To educate engineers who are able to make the economic analysis of an equipment, a process and a plant 3.To educate engineers who are capable of group and individual work 4.To educate engineers who are capable of verbal and written communication 5.To educate engineers who can improve him/herself by following contemporary subjects and technological developments
Course Content
Economic Evaluation of a Project, Fixed-Capital Cost Estimation, Operating Cost Estimation, Plant Cost Estimation, Manufacturing Cost Estimation, Depreciation Calculations, Interest Rates, Financing, Rate of Return, Payout Period
Course Precondition
Resources
Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Students will gain knowledge about the economical analysis of a system and a process. |
| LO02 | Students will be able to make profitability analysis. |
| LO03 | Students will learn the capital cost estimation. |
| LO04 | Students will gain knowledge about depreciation calculations. |
| LO05 | Students will gain ability to communicate effectively in writing and by oral presentation. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Student become equipped with the basic knowledge of math, science and engineering | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Students gain a command of basic concepts, theories and principles in chemical engineering | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Students are able to design and carry out experiments in the basic fields of chemical engineering, and interpret the results and the data obtained from the experiments | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Students become equipped with a variety of skills and knowledge regarding engineering techniques | |
| PLO05 | Bilgi - Kuramsal, Olgusal | Students are able to design a system, component or process in order to meet the needs of various engineering problems within technical, economic, environmental, manufacturability, and sustainability limits. | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Students independently review and learn the applications in an enterprise, make a critical assessment of the problems faced with, formulate problems and propose solutions by selecting the proper technique | 3 |
| PLO07 | Bilgi - Kuramsal, Olgusal | Students take initiative in identification, design, development and use of a product or production process | 4 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Students become aware of the necessity of lifelong learning and continuously self-renew | 3 |
| PLO09 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Students use Turkish effectively for technical or non-technical topics orally or in wirtten form, and at least one foreign language | |
| PLO10 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Students become effective in using computer, computer-aided drafting, design, analysis, and presentation | |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Students have good communicatino skills with a tendency to work in teams, and are able to work effectively as a member of an interdisciplinary team | 3 |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | Students become aware of the technical and ethical responsibilities, as well as being inquisitive and innovative |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to Chemical Engineering Economics | Lecture Notes | |
| 2 | Economic Evaluation of a Project | Lecture Notes | |
| 3 | Capital Cost Estimation: Fixed-Capital Cost Estimation | Lecture Notes | |
| 4 | Capital Cost Estimation: Operating Cost Estimation | Lecture Notes | |
| 5 | Plant Cost Estimation | Lecture Notes | |
| 6 | Manufacturing Cost Estimation | Lecture Notes | |
| 7 | Depreciation Calculations | Lecture Notes | |
| 8 | Mid-Term Exam | Lecture Notes | |
| 9 | Interest Rates | Lecture Notes | |
| 10 | Interest Rates | Lecture Notes | |
| 11 | Financing | Lecture Notes | |
| 12 | Profitability Analysis: Rate of Return, Payout Period | Lecture Notes | |
| 13 | Profitability Analysis: Capitalized Costs, Net Present Worth | Lecture Notes | |
| 14 | Profitability Analysis: Discounted Cash Flow | Lecture Notes | |
| 15 | Profitability Analysis: Discounted Cash Flow | Lecture Notes | |
| 16 | Term Exams | Lecture Notes | |
| 17 | Term Exams | Lecture Notes |
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 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 1 | 3 | 3 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 3 | 3 |
| Final Exam | 1 | 3 | 3 |
| Total Workload (Hour) | 93 | ||
| Total Workload / 25 (h) | 3,72 | ||
| ECTS | 4 ECTS | ||