INE3003 Engineering EconomyBahçeşehir UniversityDegree Programs SOCIOLOGYGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
SOCIOLOGY
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
INE3003 Engineering Economy Fall 3 0 3 5
This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction: English
Type of course: Non-Departmental Elective
Course Level: Bachelor’s Degree (First Cycle)
Mode of Delivery: Face to face
Course Coordinator : Dr. Öğr. Üyesi ELİF HAKTANIR AKTAŞ
Course Lecturer(s): Dr. Öğr. Üyesi ADNAN ÇORUM
Dr. Öğr. Üyesi ETHEM ÇANAKOĞLU
Dr. Öğr. Üyesi ALPER CAMCI
Recommended Optional Program Components: N.A.
Course Objectives: The purpose of this course is to supplement
engineering student’s technical training with the
knowledge and capability to perform financial
analysis especially in the area of capital
investment.

Learning Outcomes

The students who have succeeded in this course;
I. Explain the role of engineering economy and the concepts of time value of money
II. Define financial factors regarding time and interest effect on money
III. Define nominal and effective interest rates and inflation rate
IV. Perform present worth and annual worth analysis to evaluate projects and investments
V. Define the Rate of return and perform rate of return analysis to evaluate projects and investment

Course Content

Foundations of engineering economy
Factors: How time and interest affect money
Combining factors
Nominal and effective interest rates
Present worth analysis
Annual worth analysis
Rate of return analysis
Inflation

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Introduction
2) Foundations of engineering economy
3) Factors: How time and interest affect money
4) Factors: How time and interest affect money
5) Combining factors
6) Nominal and effective interest rates
7) Nominal and effective interest rates
8) Present worth analysis
9) Present worth analysis
11) Rate of Return Analysis: Multiple Alternatives
12) Breakeven and payback analysis
13) Effects of Inflation
14) Effects of Inflation

Sources

Course Notes / Textbooks: 1. Chan S Park, Contemporary Engineering Economics, Global Edition, 6th edition, Pearson.
2. Blank & Tarquin (2012) Engineering Economy, 8th Ed. McGraw-Hill Inc.
References:

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Laboratory 14 % 15
Quizzes 3 % 15
Midterms 1 % 30
Final 1 % 40
Total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 2 28
Application 14 2 28
Study Hours Out of Class 14 4 56
Quizzes 3 1 3
Midterms 1 2 2
Final 1 2 2
Total Workload 119

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) To learn and compare major sociology perspectives, both classical and contemporary, and apply all of them to analysis of social conditions.
2) To be able to identify the basic methodological approaches in building sociological and anthropological knowledge at local and global levels
3) To be able to use theoretical and applied knowledge acquired in the fields of statistics in social sciences.
4) To have a basic knowledge of other disciplines (including psychology, history, political science, communication studies and literature) that can contribute to sociology and to be able to make use of this knowledge in analyzing sociological processes
5) To have a knowledge and practice of scientific and ethical principles in collecting, interpreting and publishing sociological data also develop ability how to share this data with experts and lay people, using effective communication skills
6) To develop competence in analyzing and publishing sociological knowledge by using computer software for quantitative and qualitative analysis; and develop an attitute for learning new techniques in these fields.
7) To identify and to have a knowledge of the theories related to urban and rural sociology and demography, and political sociology, sociology of gender, sociology of body, visual sociology, sociology of work, sociology of religion, sociology of knowledge and sociology of crime.
8) To have knowledge of how sociology is positioned as a scientific discipline from a philosophical and historical perspective
9) To have the awareness of social issues in Turkish society, to develop critical perspective in analysing these issues and to have a knowledge of the works of Turkish sociologists and to be able to transfer this knowledge
10) To have the awareness of social issues and global societal processes and to apply sociological analysis to development and social responsibility projects
11) To have the ability to define a research question, design a research project and complete a written report for various fields of sociology, either as an individual or as a team member.
12) To be able to transfer the knowledge gained in the areas of sociology to the level of secondary school.