Information
| Unit | FACULTY OF ENGINEERING |
| MINING ENGINEERING PR. | |
| Code | MDS331 |
| Name | Mining Economics |
| Term | 2025-2026 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 3 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | VK Vocational Knowledge Courses E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HÜSEYİN VAPUR |
| Course Instructor |
Doç. Dr. Ali Can ÖZDEMİR
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The mining engineer must have the necessary knowledge to carry out mining production activities efficiently and economically.
Course Content
Scope of mining economy, production expenses and costs, Break-even point analysis, Amortization calculation, equivalence and compound interest, investment types, evaluation of mining projects, wage systems
Course Precondition
No
Resources
Köse, H., Kahraman, B., (2019). Mining Economics, Dokuz Eylül University Faculty of Engineering Publications
Notes
Lecturar Notes
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Define the mining economy. |
| LO02 | Explains the concepts of cost and revenue in mines. |
| LO03 | Explain break-even point analysis. |
| LO04 | Defines the concept of depreciation. |
| LO05 | Explain the concepts of Equivalence and Compound Interest. |
| LO06 | Defines investment projects. |
| LO07 | Explains the evaluation of investment projects. |
| LO08 | Defines wage systems. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | PÇ1. (a) Adequate knowledge of mathematics, basic sciences, and discipline-specific topics in Mining Engineering; PÇ1. (b) the ability to use theoretical and applied knowledge in these areas for solving complex engineering problems. | 4 |
| PLO02 | Beceriler - Bilişsel, Uygulamalı | PÇ2. (a) Ability to identify, formulate, and solve complex problems in Mining Engineering; PÇ2. (b) ability to select and apply appropriate analysis and modeling methods for this purpose. | |
| PLO03 | Beceriler - Bilişsel, Uygulamalı | PÇ3. (a) Ability to design a complex system, process, device, or product to meet specified requirements under realistic constraints and conditions; PÇ3. (b) ability to apply modern design methods for this purpose. | |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | PÇ4. (a) Ability to select and use modern technical tools necessary for the analysis and solution of complex problems encountered in Mining Engineering applications; PÇ4. (b) ability to effectively use information technologies. | 4 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | PÇ5. Ability to design experiments, conduct experiments, collect data, analyze and interpret results for the investigation of problems specific to Mining Engineering. | |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | PÇ6. (a) Ability to work effectively in disciplinary (Mining Engineering) and multidisciplinary teams; PÇ6. (b) ability to work individually. | |
| PLO07 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | PÇ7. (a) Ability to communicate effectively in Turkish, both orally and in writing; PÇ7. (b) knowledge of at least one foreign language; ability to write effective reports and understand written reports, prepare design and production reports, deliver effective presentations, and give and receive clear and understandable instructions. | |
| PLO08 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | PÇ8. Awareness of the necessity of lifelong learning; ability to access information, follow developments in science and technology, and continuously improve oneself. | |
| PLO09 | Yetkinlikler - Öğrenme Yetkinliği | PÇ9. Ability to act in accordance with the ethical principles of Mining Engineering; knowledge of professional and ethical responsibilities and of the standards used in engineering practice. | |
| PLO10 | Yetkinlikler - Öğrenme Yetkinliği | PÇ10. Knowledge of business-life practices such as project management, risk management, and change management; awareness of entrepreneurship, innovation, and sustainable development. | 3 |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | PÇ11. Knowledge of the impacts of Mining Engineering practices on health, environment, and safety at universal and societal levels, as well as contemporary issues in engineering; awareness of the legal consequences of Mining Engineering solutions. |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction, Purpose and Scope, Resources | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 2 | Production expenses and costs | Literature review | Öğretim Yöntemleri: Anlatım, Tartışma |
| 3 | Types of expenses | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 4 | Concepts of Income and Profit | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 5 | Profit increasing methods | Literature review | Öğretim Yöntemleri: Alıştırma ve Uygulama, Anlatım |
| 6 | Break-even analysis | Literature review | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 7 | Traditional Break-even analysis | Literature review | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 8 | Mid-Term Exam | Lecture notes | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Depreciation duties | Literature review | Öğretim Yöntemleri: Anlatım, Tartışma |
| 10 | Depreciation methods | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 11 | Time value of money | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 12 | Concepts of Simple and Compound Interest | Literature review | Öğretim Yöntemleri: Anlatım, Tartışma |
| 13 | Types of investments | Literature review | Öğretim Yöntemleri: Anlatım, Tartışma |
| 14 | Evaluation of investment projects | Literature review | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 15 | Wage systems | Literature review | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 16 | Term Exams | Lecture notes | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Lecture notes | Ölçme Yöntemleri: Yazılı Sınav |
Assessment (Exam) Methods and Criteria
Current term shares have not yet been determined. Shares of the previous term are shown.
| 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 | 2 | 28 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 2 | 28 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 6 | 6 |
| Final Exam | 1 | 16 | 16 |
| Total Workload (Hour) | 78 | ||
| Total Workload / 25 (h) | 3,12 | ||
| ECTS | 3 ECTS | ||