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

Course Introduction and Application Information

Course Code:

UNI245

Course Name:

Economics of Technology & Innovation

Semester:

Fall

Course Credits:

ECTS

Language of instruction:

English

Course Condition:

Does the Course Require Work Experience?:

Type of course:

University Elective

Course Level:

Bachelor

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

QF-EHEA:First Cycle

EQF-LLL:6. Master`s Degree

Mode of Delivery:

Face to face

Course Coordinator:

Doç. Dr. AYFER USTABAŞ

Course Lecturer(s):

Doç. Dr. AYFER USTABAŞ

Course Assistants:

Course Objective and Content

Course Objectives:	The aim of the course is to provide students with a general comprehension about the crucial impacts of technical and technological progresses on economic development.
Course Content:	Innovations and inventions in the waves of technical change, Schumpeter’s theories on technical and technological changes, contemporary theories of innovation in relation to firm behaviour.

Learning Outcomes

The students who have succeeded in this course;
1) Comprehend the crucial impacts of technical and technological progresses on economic development.
2) Have a comprehensive knowledge of Schumpeter's theories.
3) Learn the difference between inveentions and inovations.
4) Learn the modern theories on the economics of technology.

Course Flow Plan

Week	Subject	Related Preparation
1)	Schumpeter’s Theories
2)	Schumpeter’s Theories
3)	Theories of Entrepreneurship
4)	Theories of Entrepreneurship
5)	The Rise of Technology, Industrial Revolution
6)	The Age of Electricity, Innovations in Oil and Chemicals-Synthetic Materials
7)	Mass Production and Automobile
8)	MIDTERM
9)	Electronics and Computers
10)	Success and Failure in Industrial Innovation
11)	Innovation and Firm Strategies
12)	National Systems of Innovation
13)	Technology and Economic Growth
14)	International Trade Performance, Diffusion of Technology

Sources

Course Notes / Textbooks:	The Economics of Industrial Revolution, Chris Freeman and Luc Soete 3rd Ed. Cassel, London, 1997
References:	Yenilik İktisadı, Chris Freeman and Luc Soete, Trans. Ergün Türkcan, Tübitak, Ankara, 2003

Course - Program Learning Outcome Relationship

Course Learning Outcomes	1	2	3	4
Program Outcomes
1) Build up a body of knowledge in mathematics, science and Mechanical Engineering subjects; use theoretical and applied information in these areas to model and solve complex engineering problems.
2) Identify, formulate, and solve complex Mechanical Engineering problems; select and apply proper modeling and analysis methods for this purpose.
3) Design complex Mechanical systems, processes, devices or products under realistic constraints and conditions, in such a way as to meet the desired result; apply modern design methods for this purpose.
4) Devise, select, and use modern techniques and tools needed for solving complex problems in Mechanical Engineering practice; employ information technologies effectively.
5) Design and conduct numerical or pysical experiments, collect data, analyze and interpret results for investigating the complex problems specific to Mechanical Engineering.
6) Cooperate efficiently in intra-disciplinary and multi-disciplinary teams; and show self-reliance when working on Mechanical-related problems.
7) Ability to communicate effectively in English and Turkish (if he/she is a Turkish citizen), both orally and in writing. Write and understand reports, prepare design and production reports, deliver effective presentations, give and receive clear and understandable instructions.
8) Recognize the need for life-long learning; show ability to access information, to follow developments in science and technology, and to continuously educate oneself.
9) Develop an awareness of professional and ethical responsibility, and behave accordingly. Be informed about the standards used in Mechanical Engineering applications.
10) Learn about business life practices such as project management, risk management, and change management; develop an awareness of entrepreneurship, innovation, and sustainable development.
11) Acquire knowledge about the effects of practices of Mechanical Engineering on health, environment, security in universal and social scope, and the contemporary problems of Mechatronics engineering; is aware of the legal consequences of Mechanical engineering solutions.

Course - Learning Outcome Relationship

No Effect	1 Lowest	2 Average	3 Highest

	Program Outcomes	Level of Contribution
1)	Build up a body of knowledge in mathematics, science and Mechanical Engineering subjects; use theoretical and applied information in these areas to model and solve complex engineering problems.
2)	Identify, formulate, and solve complex Mechanical Engineering problems; select and apply proper modeling and analysis methods for this purpose.
3)	Design complex Mechanical systems, processes, devices or products under realistic constraints and conditions, in such a way as to meet the desired result; apply modern design methods for this purpose.
4)	Devise, select, and use modern techniques and tools needed for solving complex problems in Mechanical Engineering practice; employ information technologies effectively.
5)	Design and conduct numerical or pysical experiments, collect data, analyze and interpret results for investigating the complex problems specific to Mechanical Engineering.
6)	Cooperate efficiently in intra-disciplinary and multi-disciplinary teams; and show self-reliance when working on Mechanical-related problems.
7)	Ability to communicate effectively in English and Turkish (if he/she is a Turkish citizen), both orally and in writing. Write and understand reports, prepare design and production reports, deliver effective presentations, give and receive clear and understandable instructions.
8)	Recognize the need for life-long learning; show ability to access information, to follow developments in science and technology, and to continuously educate oneself.
9)	Develop an awareness of professional and ethical responsibility, and behave accordingly. Be informed about the standards used in Mechanical Engineering applications.
10)	Learn about business life practices such as project management, risk management, and change management; develop an awareness of entrepreneurship, innovation, and sustainable development.
11)	Acquire knowledge about the effects of practices of Mechanical Engineering on health, environment, security in universal and social scope, and the contemporary problems of Mechatronics engineering; is aware of the legal consequences of Mechanical engineering solutions.

Assessment & Grading

Semester Requirements	Number of Activities	Level of Contribution
Midterms	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	14	1	3		56
Study Hours Out of Class	14	0	2		28
Midterms	1	15	1		16
Final	1	25	1		26
Total Workload					126