MDS331 Mining Economics

3 ECTS - 2-0 Duration (T+A)- 5. Semester- 2 National Credit

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

Update Time: 20.11.2025 02:15