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INS3043 | Engineering Economy | 3+0+0 | ECTS:5 | Year / Semester | Fall Semester | Level of Course | First Cycle | Status | Elective | Department | DEPARTMENT of CIVIL ENGINEERING | Prerequisites and co-requisites | None | Mode of Delivery | | Contact Hours | 14 weeks - 3 hours of lectures per week | Lecturer | Prof. Dr. Tayfun DEDE | Co-Lecturer | Assoc. Prof. Dr. Vedat Toğan, Assoc. Prof. Dr. Tayfun Dede | Language of instruction | Turkish | Professional practise ( internship ) | None | | The aim of the course: | To provide students with information about the use of economy in civil engineering. |
Learning Outcomes | CTPO | TOA | Upon successful completion of the course, the students will be able to : | | | LO - 1 : | have general knowledge about economy | 1,3 | 1 | LO - 2 : | evaluate the alternatives related to the construction sector economically | 1,3 | 1 | LO - 3 : | Analyze the economic behavior of long-term investments | 1,3 | 1 | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), LO : Learning Outcome | |
Introduction to Engineering Economics, Costs in Engineering Economics, Supply and demand, Cash Flow, Time value of money-Equal payouts, Time value of money-Uniform gradient cash flows, Evaluation Methods-Present value, Evaluation Methods-Annual Equivalent, Evaluation Methods-Future value, Alternative Selection, Refund period, Nominal and effective interest |
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Course Syllabus | Week | Subject | Related Notes / Files | Week 1 | Introduction to Engineering Economics | | Week 2 | Costs in Engineering Economics | | Week 3 | Supply and demand | | Week 4 | Cash Flow | | Week 5 | Cash Flow | | Week 6 | Time value of money-Equal payouts | | Week 7 | Time value of money-SUniform gradient cash flows | | Week 8 | Evaluation Methods-Present value | | Week 9 | Mid-term exam | | Week 10 | Evaluation Methods-Annual Equivalent | | Week 11 | Evaluation Methods-Future value | | Week 12 | Alternative Selection | | Week 13 | Alternative Selection | | Week 14 | Refund period | | Week 15 | Nominal and effective interest | | Week 16 | End-of-term exam | | |
1 | Akbıyıklı, Rıfat, Mühendislik Ekonomisi Temel Prensipleri ve Uygulamaları, Birsen Yayınevi Ltd. Şti., 2014. | | |
1 | Okka, Osman, Mühendislik Ekonomisi: Prensipler ve Uygulamalar, Nobel Yayım Dağıtım, 2011. | | |
Method of Assessment | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | Mid-term exam | 9 | | 2 | 50 | End-of-term exam | 16 | | 2 | 50 | |
Student Work Load and its Distribution | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | Yüz yüze eğitim | 3 | 14 | 42 | Sınıf dışı çalışma | 1 | 14 | 14 | Arasınav | 2 | 1 | 2 | Dönem sonu sınavı | 2 | 1 | 2 | Total work load | | | 60 |
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