| MOLECULAR BIOLOGY AND GENETICS | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| INE3003 | Engineering Economy | Spring | 3 | 0 | 3 | 5 |
| This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
| 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 : | Assoc. Prof. ELİF HAKTANIR AKTAŞ |
| Course Lecturer(s): |
Assoc. Prof. ADNAN ÇORUM Assoc. Prof. ETHEM ÇANAKOĞLU Assist. Prof. 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. |
|
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 |
| 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 |
| Week | Subject | Related Preparation |
| 1) | Introduction to the course | |
| 2) | Time Value of Money, Interest, and Cash Flow Diagrams | |
| 3) | Time Value of Money, Interest, and Cash Flow Diagrams | |
| 4) | Present Worth, Future Worth, and Unknown Interest Rates | |
| 5) | Annuities: Uniform Series | |
| 6) | Arithmetic and Geometric Gradients | |
| 7) | Multiple Factors in Engineering Economic Problems | |
| 8) | Midterm | |
| 9) | Present Worth Capitalized Cost Analysis: Present Worth Method of Comparing Alternatives | |
| 10) | Equivalent Uniform Annual Worth Comparison Method | |
| 11) | Rate of Return Method for Comparing Alternatives | |
| 12) | Replacement Analysis | |
| 13) | Benefit/Cost Ratio Economic Evaluations | |
| 14) | Depreciation |
| 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: |
| Semester Requirements | Number of Activities | Level of Contribution |
| Quizzes | 2 | % 20 |
| Midterms | 1 | % 40 |
| Final | 1 | % 40 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 60 | |
| PERCENTAGE OF FINAL WORK | % 40 | |
| Total | % 100 | |
| Activities | Number of Activities | Duration (Hours) | Workload |
| Course Hours | 14 | 3 | 42 |
| Study Hours Out of Class | 14 | 5 | 70 |
| Quizzes | 2 | 1 | 2 |
| Midterms | 1 | 2 | 2 |
| Final | 1 | 2 | 2 |
| Total Workload | 118 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Acquire an ability to compile and analyze biological information, clearly present and discuss the conclusions, the inferred knowledge and the arguments behind them both in oral and written format. | 3 |
| 2) | Utilize the wealth of information stored in computer databases to answer basic biological questions and solve problems such as diagnosis and treatment of diseases. | 4 |
| 3) | Develop critical, creative and analytical thinking skills. | 5 |
| 4) | Develop effective communication skills and have competence in scientific speaking, reading and writing abilities in English and Turkish. | 3 |
| 5) | Gain knowledge of different techniques and methods used in genetics and acquire the relevant laboratory skills. | 4 |
| 6) | Detect biological problems, learn to make hypothesis and solve the hypothesis by using variety of experimental and observational methods. | 4 |
| 7) | Gain knowledge of methods for collecting quantitative and qualitative data and obtain the related skills. | 3 |
| 8) | Conduct research through paying attention to ethics, human values and rights. Pay special attention to confidentiality of information while working with human subjects. | 5 |
| 9) | Obtain basic concepts used in theory and practices of molecular biology and genetics and establish associations between them. | 4 |
| 10) | Search and use literature to improve himself/herself and follow recent developments in science and technology. | 5 |
| 11) | Be aware of the national and international problems in the field and search for solutions. | 4 |