FACULTY OF ENGINEERING
MECHANICAL ENGINEERING
MECHANICAL ENGINEERING
Course Name   ENGINEERING ECONOMICS
Semester Course Code Theoretical / Practice time ECTS
8 1210860 2 / 0 2
Course Degree Bachelor's degree
Course Language İngilizce
Format of Delivery: Face to Face
Course Coordinator Assist. Prof. Dr. Alper Döyen
Coordinator e-mail alperdoyen selcuk.edu.tr
Instructors
Asistant Instructors
Course Objectives To give information about basic engineering economy concepts and to use these basic concepts in economic evaluation and comparison of the investment and system natives to the best one.
Basic Sciences Engineering Scinces Social Sciences Educational Sciences Artistic sciences Medical Science Agricultural sciences
40 60 0 0 0 0 0
Course Learning Methods and Techniquies
Face to face lecturing
Week Course Content Resource
1 Introduction and foundations of engineering economy Tolga, Ethem, and Cengiz Kahraman. Mühendislik ekonomisi. İTÜ, 1994.
2 Economic equivalence, simple and compound interest LELAND. BLANK, P. E. BASICS OF ENGINEERING ECONOMY. 2008.
3 Cost concepts, demand-price relation, breakeven analysis Sullivan, William G., James A. Bontadelli, and Elin M. Wicks. "Engineering Economy 2000." Printice Hall: 68.
4 Cash flows and cash flow diagrams LELAND. BLANK, P. E. BASICS OF ENGINEERING ECONOMY. 2008
5 Time-money relation, single-amount factors LELAND. BLANK, P. E. BASICS OF ENGINEERING ECONOMY. 2008
6 Uniform Series Present Worth Factor and Capital Recovery Factor Sullivan, William G., James A. Bontadelli, and Elin M. Wicks. "Engineering Economy 2000." Printice Hall: 68.
7 Arithmetic Gradient Series Factors Sullivan, William G., James A. Bontadelli, and Elin M. Wicks. "Engineering Economy 2000." Printice Hall: 68.
8 Midterm
9 Geometric Gradient Series Factors Sullivan, William G., James A. Bontadelli, and Elin M. Wicks. "Engineering Economy 2000." Printice Hall: 68.
10 Finding interest rate and number of interest period Sullivan, William G., James A. Bontadelli, and Elin M. Wicks. "Engineering Economy 2000." Printice Hall: 68.
11 Nominal ve Effective Interest LELAND. BLANK, P. E. BASICS OF ENGINEERING ECONOMY. 2008
12 Introduction to evaluation of altnatives, Present and future worth analysis Sullivan, William G., James A. Bontadelli, and Elin M. Wicks. "Engineering Economy 2000." Printice Hall: 68
13 Annual worth analysis, rate of return analysis Sullivan, William G., James A. Bontadelli, and Elin M. Wicks. "Engineering Economy 2000." Printice Hall: 68
14 Rate of return analysis, Payback period analysis Sullivan, William G., James A. Bontadelli, and Elin M. Wicks. "Engineering Economy 2000." Printice Hall: 68
15 Benefit/Cost Analysis, Alternative Selection Using Incremental B/C Analysis LELAND. BLANK, P. E. BASICS OF ENGINEERING ECONOMY. 2008
Assesment Criteria   Mid-term exam Final exam
  Quantity Percentage Quantity Percentage  
Term Studies : - - - -
Attendance / Participation : - - - -
Practical Exam : - - - -
Special Course Exam : - - - -
Quiz : - - - -
Homework : - - - -
Presentations and Seminars : - - - -
Projects : - - - -
Workshop / Laboratory Applications : - - - -
Case studies : - - - -
Field Studies : - - - -
Clinical Studies : - - - -
Other Studies : - - - -
Mid-term exam   1 40 - -
Final exam   - - 1 60
ECTS WORK LOAD TABLE   Number Duration
Course Duration : 14 2
Classroom Work Time : 15 2
Presentations and Seminars : - -
Course Internship : - -
Workshop / Laboratory Applications : - -
Field Studies : - -
Case studies : - -
Projects : - -
Homework : - -
Quiz : - -
Mid-term exam : 1 1
Final Exam : 1 2
ECTS 2
No COURSE LEARNING OUTCOMES CONTRIBUTION
D.Ö.Ç. 1 Student can make interest calculations 3
D.Ö.Ç. 2 Student can evaluate investment altrnatives 4
D.Ö.Ç. 3 Student can use cash flow diagrams 4
D.Ö.Ç. 4 Student knows the concepts of the time value of money and economic equity 4
* 1: Zayıf - 2: Orta - 3: İyi - 4: Çok İyi
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