Information Package / Course Catalogue
| Course Code | : ME313 |
| Course Type | : Required |
| Couse Group | : First Cycle (Bachelor's Degree) |
| Education Language | : English |
| Work Placement | : N/A |
| Theory | : 3 |
| Prt. | : 0 |
| Credit | : 3 |
| Lab | : 0 |
| ECTS | : 5 |
This course introduces engineering students to basic economic information as well as concepts such as cost, overhead, price and depreciation necessary for taking production decisions. Providing systematic study of net project investments as a result of and depending on the investments and expenditures done in relation to the engineering related works and business.
Basic Concepts, Balance of Cash Flow, Relationships between Time, Money and Interest, Present Worth Method, Annual Worth Method, Future Worth Method, Internal Rate of Return Method, External Rate of Return, Performing Comparison between Alternatives, Cash Flow Analysis After Taxation, Effect of Inflation on Cash Flows, Breakeven Analysis, Benefit-Cost Ratios, Depreciation and Replacement Analysis
| Assoc. Prof. Sinan GÜÇLÜER |
| 1. | Students realize necessity of economic analysis for evaluation engineering projects and can analyse engineering problems in terms of economic perspectives. |
| 2. | Students can explicate relationship between interest, money and time |
| 3. | Students compare engineering projects using economic analysis methods |
| 4. | Students are able to simulation models when comparing alternatives |
| 5. | Students can assess comparing depreciation computing methods used typically in economic analysis of projects |
| 1. | Walpole, Ronald E.; Myers, Raymond H.; Myers, Sharon L.; Ye, Keying E.; Probability and Statistics for Engineers and Scientists; ISBN-13: 978-0321629111; Edition: 9; 2011. |
| 2. | Akdeniz, F. İstatistik ve Olasılık, A.Ü yayınları, 1995. |
| 3. | Cevdet Cerit, Olasılık, İstanbul. |
| Type of Assessment | Count | Percent |
|---|---|---|
| Midterm Examination | 1 | %30 |
| Final Examination | 1 | %60 |
| Assignment | 5 | %10 |
| Activities | Count | Preparation | Time | Total Work Load (hours) |
|---|---|---|---|---|
| Lecture - Theory | 14 | 1 | 3 | 56 |
| Assignment | 5 | 4 | 0 | 20 |
| Individual Work | 10 | 1 | 0 | 10 |
| Midterm Examination | 1 | 17 | 2 | 19 |
| Final Examination | 1 | 18 | 2 | 20 |
| TOTAL WORKLOAD (hours) | 125 | |||
PÇ-1 | PÇ-2 | PÇ-3 | PÇ-4 | PÇ-5 | PÇ-6 | PÇ-7 | PÇ-8 | PÇ-9 | PÇ-10 | PÇ-11 | PÇ-12 | |
OÇ-1 | 4 | 4 | 4 | 3 | 4 | 5 | 5 | |||||
OÇ-2 | 5 | 5 | 5 | 4 | 5 | 4 | 5 | |||||
OÇ-3 | 4 | 5 | 4 | 3 | 4 | 5 | 3 | |||||
OÇ-4 | 3 | 3 | 3 | 4 | 4 | 3 | 5 | |||||
OÇ-5 | 5 | 5 | 5 | 4 | 4 | 4 | 5 | |||||