Electrical and Electronic Engineering (English) Preview
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course Introduction and Application Information

Course Code:

ENS034

Course Name:

Introduction to Engineering Economics

Semester:

Fall

Course Credits:

ECTS

Language of instruction:

English

Course Condition:

Does the Course Require Work Experience?:

Type of course:

Departmental Elective

Course Level:

Bachelor

TR-NQF-HE:6. Master`s Degree

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

E-Learning

Course Coordinator:

Dr. Öğr. Üy. NOYAN SEBLA SEZER

Course Lecturer(s):

Asisst. Prof. Noyan Sebla SEZER

Course Assistants:

Course Objective and Content

Course Objectives:	The objective of the course is to equip students with the knowledge and skills to understand, evaluate and making informed decisions on the engineering projects using fundamental economic principles and techniques.
Course Content:	Engineering economic decisions, economic equivalence, cash-flow analysis, time value of money, present worth, future worth, annual worth, rate of return analysis, benefit-cost analysis, break-even analysis, capital investment evaluation techniques, economic evaluation of alternative projects.

Learning Outcomes

The students who have succeeded in this course;
1) Understand the fundamental principles and concepts of Engineering Economy, including the time value of money, economic equivalence, and cash flow analysis.
2) Apply various capital investment appraisal techniques to evaluate engineering projects.
3) Analyze and compare alternative investment opportunities using quantitative methods to make informed decisions.

Course Flow Plan

Week	Subject	Related Preparation
1)	Introduction to Engineering Economy
2)	Economic Equivalence
3)	Cash-Flow Analysis
4)	Time Value of Money
5)	Time Value of Money
6)	Economic Evaluation Analysis of Capital Projects
7)	Economic Evaluation Analysis of Capital Projects
8)	Midterm
9)	Economic Evaluation of Alternative Investment Projects
10)	Rate of Return Analysis
11)	Benefit-Cost Analysis
12)	Break-Even Analysis
13)	Project Presentations
14)	Project Presentations

Sources

Course Notes / Textbooks:	Sullivan, W.G. (2015), Engineering Economy (16th/Global edition), Pearson Education.
References:	Sullivan, W.G. (2015), Engineering Economy (16th/Global edition), Pearson Education.

Course - Program Learning Outcome Relationship

Course Learning Outcomes	1	2	3
Program Outcomes
1) Adequate knowledge in mathematics, science and Electrical and Electronics engineering; the ability to use theoretical and practical knowledge in these areas in complex engineering problems.
2) Ability to identify, formulate, and solve complex electrical and electronics engineering problems; ability to select and apply appropriate analysis and modeling methods for this purpose.
3) Ability to design a complex circuit, device or system to meet specific requirements under realistic constraints and conditions; ability to apply modern design methods for this purpose.
4) Ability to develop, select and use modern techniques and tools necessary for the analysis and solution of complex problems encountered in electrical and electronics engineering applications; ability to use information technologies effectively.
5) Ability to design, conduct experiments, collect data, analyze and interpret results for the study of complex engineering problems or electrical and electronics engineering research topics.
6) Ability to work effectively within and multidisciplinary teams; individual study skills.
7) Ability to communicate effectively orally and in writing; knowledge of at least one foreign language; ability to write effectice reports and understand written reports, to prepare design and production reports, to make effective presentations, to give and receive clear and understandable instructions.
8) Awareness of the necessity of lifelong learning; ability to access information, to follow developments in science and technology and to renew continuously.
9) To act in accordance with ethical principles, professional and ethical responsibility; information on the standards used in electrical and electronics engineering applications.
10) Information on business practices such as project management, risk management and change management; awareness of entrepreneurship and innovation; information about sustainable development.
11) Knowledge of the effects of electrical and electronics engineering practices on health, environment and safety in the universal and social scale and the problems of the era reflected in electrical and electronics engineering; awareness of the legal consequences of electrical and electronics engineering solutions.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Average	3 Highest

	Program Outcomes	Level of Contribution
1)	Adequate knowledge in mathematics, science and Electrical and Electronics engineering; the ability to use theoretical and practical knowledge in these areas in complex engineering problems.
2)	Ability to identify, formulate, and solve complex electrical and electronics engineering problems; ability to select and apply appropriate analysis and modeling methods for this purpose.
3)	Ability to design a complex circuit, device or system to meet specific requirements under realistic constraints and conditions; ability to apply modern design methods for this purpose.
4)	Ability to develop, select and use modern techniques and tools necessary for the analysis and solution of complex problems encountered in electrical and electronics engineering applications; ability to use information technologies effectively.
5)	Ability to design, conduct experiments, collect data, analyze and interpret results for the study of complex engineering problems or electrical and electronics engineering research topics.
6)	Ability to work effectively within and multidisciplinary teams; individual study skills.
7)	Ability to communicate effectively orally and in writing; knowledge of at least one foreign language; ability to write effectice reports and understand written reports, to prepare design and production reports, to make effective presentations, to give and receive clear and understandable instructions.
8)	Awareness of the necessity of lifelong learning; ability to access information, to follow developments in science and technology and to renew continuously.
9)	To act in accordance with ethical principles, professional and ethical responsibility; information on the standards used in electrical and electronics engineering applications.
10)	Information on business practices such as project management, risk management and change management; awareness of entrepreneurship and innovation; information about sustainable development.
11)	Knowledge of the effects of electrical and electronics engineering practices on health, environment and safety in the universal and social scale and the problems of the era reflected in electrical and electronics engineering; awareness of the legal consequences of electrical and electronics engineering solutions.

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Project	1	% 40
Final	1	% 60
total		% 100
PERCENTAGE OF SEMESTER WORK		% 40
PERCENTAGE OF FINAL WORK		% 60
total		% 100

Workload and ECTS Credit Calculation

Activities	Number of Activities	Preparation for the Activity	Spent for the Activity Itself	Completing the Activity Requirements	Workload
Course Hours	13	0	2		26
Study Hours Out of Class	13	3			39
Project	1	20			20
Final	1	30			30
Total Workload					115