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Information
| Unit | FACULTY OF ENGINEERING |
| CIVIL ENGINEERING PR. | |
| Code | IMS417 |
| Name | Engineering economy |
| Term | 2025-2026 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 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 | Dr. Öğr. Üyesi SERKAN AYDINLI |
| Course Instructor |
The current term course schedule has not been prepared yet. Previous term groups and teaching staff are shown.
|
Course Goal / Objective
Introducing Engineering Economics Methods
Course Content
Introducing Engineering Economics Methods
Course Precondition
Should be Mastered basic mathematical calculations
Resources
Engineering Economics: Principles & Applications Prof. Osman OKKA Lecture Notes
Notes
Interest Rate Formula Tables Assoc. Prof. Aybars Ali Fil
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Have mastered the basic concepts, theories and principles |
| LO02 | Interprets cash flow diagrams and equivalent cash flow concepts |
| LO03 | Be able to calculate nominal and effective interest rates for all time periods |
| LO04 | Have mastered Net Present Value |
| LO05 | Have mastered Annual Income Method |
| LO06 | Have mastered Internal Rate of Return Method |
| LO07 | Be able to compare different alternatives by using Engineering Economics Methods. |
| LO08 | Have mastered the concept of depreciation and be able to calculate the depreciation of investments |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | “Sufficient knowledge in mathematics, science, and discipline-specific topics in Civil Engineering; the ability to use theoretical and applied knowledge in these fields to solve complex engineering problems.” | 1 |
| PLO02 | Bilgi - Kuramsal, Olgusal | “The ability to identify, formulate, and solve complex Civil Engineering problems; and the ability to select and apply appropriate analysis and modeling methods for this purpose.” | |
| PLO03 | Bilgi - Kuramsal, Olgusal | “The ability to design a complex system, process, device, or product to meet specified requirements under realistic constraints and conditions; and the ability to apply modern design methods for this purpose.” | 4 |
| PLO04 | Bilgi - Kuramsal, Olgusal | “The ability to select and use modern techniques and tools necessary for the analysis and solution of complex problems encountered in Civil Engineering applications; and the ability to use information technologies effectively.” | |
| PLO05 | Bilgi - Kuramsal, Olgusal | “The ability to design experiments, conduct experiments, collect data, and analyze and interpret results for the investigation of complex Civil Engineering problems or discipline-specific research topics.” | 3 |
| PLO06 | Bilgi - Kuramsal, Olgusal | “The ability to work effectively in intra-disciplinary and multidisciplinary teams; and the ability to work independently.” | |
| PLO07 | Bilgi - Kuramsal, Olgusal | “The ability to communicate effectively in both oral and written form; proficiency in at least one foreign language; the 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.” | 4 |
| PLO08 | Bilgi - Kuramsal, Olgusal | “Awareness of the necessity of lifelong learning; the ability to access information, follow developments in science and technology, and continuously improve oneself.” | 3 |
| PLO09 | Bilgi - Kuramsal, Olgusal | “Acting in accordance with ethical principles, having professional and ethical responsibility, and having knowledge of the standards used in engineering practices.” | 2 |
| PLO10 | Bilgi - Kuramsal, Olgusal | “Knowledge of business-life practices such as project management, risk management, and change management; awareness of entrepreneurship and innovation; and knowledge about sustainable development.” | |
| PLO11 | Bilgi - Kuramsal, Olgusal | “Knowledge of the universal and social impacts of Civil Engineering practices on health, environment, and safety, as well as the contemporary issues reflected in the field of engineering; and awareness of the legal consequences of engineering solutions.” |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Introduction to Engineering Economics | Introducing lecture sources | Öğretim Yöntemleri: Anlatım |
| 2 | Cash Flow Diagram and Time Value of Money | Repeat the basic concepts | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 3 | Payment Formulas - 1 (P and F formulas) | Repeat the time value of money | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 4 | Payment Formulas - 2 (A and G formulas) | Repeat the time value of money | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 5 | Payment Formulas - Problem Solving | Repeat the payment formulas | Öğretim Yöntemleri: Problem Çözme |
| 6 | Bank Credit System - Concepts of Nominal and Effective Interest Rates | Repeat the interest rates | Öğretim Yöntemleri: Anlatım |
| 7 | General Review | Repeat the previous lessons | Öğretim Yöntemleri: Alıştırma ve Uygulama |
| 8 | Mid-Term Exam | Repeat the previous lesson | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Equivalent Cash Flows Principal and Interest Payments | Repeat the time value of money and interest rate | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 10 | The Concept of Inflation and Its Effect on Cash Flows | Repeat the time value of money | Öğretim Yöntemleri: Anlatım |
| 11 | Efficiency Criteria | Repeat the payment formulas | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 12 | Comparison of Different Life Cycle Alternatives | Repeat the efficiency criteria | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 13 | Depreciation and Renewal Analysis | Repeat the basic concepts | Öğretim Yöntemleri: Anlatım, Alıştırma ve Uygulama |
| 14 | Economic Feasibility Report | Repeat the previous lessons | Öğretim Yöntemleri: Anlatım |
| 15 | Problem Solving | Repeat the previous lessons | Öğretim Yöntemleri: Alıştırma ve Uygulama |
| 16 | Term Exams | none | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | none | 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 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||