TÜRKÇE
ENGLISH
Information
| Code | CKS304 |
| Name | Chemical Engineering Economics |
| Term | 2024-2025 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 |
1 2 |
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
None
Resources
Introduction to Engineering Economics, Osman Okka, Nobel Yayınevi, 2006
Notes
Introduction to Engineering Economics, Osman Okka, Nobel Yayınevi, 2006
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 | Öğretim Yöntemleri: Anlatım |
| 2 | Economic Evaluation of a Project | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 3 | Capital Cost Estimation: Fixed-Capital Cost Estimation | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 4 | Capital Cost Estimation: Operating Cost Estimation | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 5 | Plant Cost Estimation | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 6 | Manufacturing Cost Estimation | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 7 | Depreciation Calculations | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Lecture Notes | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Interest Rates | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 10 | Interest Calculation Techniques | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 11 | Financing | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 12 | Profitability Analysis: Rate of Return, Payout Period | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 13 | Profitability Analysis: Capitalized Costs, Net Present Worth | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 14 | Profitability Analysis: Discounted Cash Flow-I | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 15 | Profitability Analysis: Discounted Cash Flow-II | Lecture Notes | Öğretim Yöntemleri: Anlatım |
| 16 | Term Exams | Lecture Notes | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Lecture Notes | Ölçme Yöntemleri: Yazılı Sınav |
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 | ||