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END 312E
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Course Information
Course Name
Turkish
Mühendislik Ekonomisi
English
Engineering Economics
Course Code
END 312E
Credit
Lecture
(hour/week)
Recitation
(hour/week)
Laboratory
(hour/week)
Semester
-
3
-
-
-
Course Language
English
Course Coordinator
İrem Uçal Sarı
Course Objectives
I.To gain the ability of applying economic analyses in the related engineering discipline,
II. To understand the major capabilities and limitations of discounted cash flow analysis for evaluating proposed capital investments.
İİİ. To be able to recognize, formulate, and analyze cash flow models in practical situations. Understand the assumptions underlying these models, and the effects on the modeling process when these assumptions do not hold.
IV. To be able to communicate the results of the modeling process to management and other non-specialist users of engineering analyses.
Course Description
Cost and accounting terms. Terminology and cash flow diagrams. Interest factors and their use. Nominal and effective interest rates. Continuous compounding. Present worth and capitalized cost analysis. Uniform annual cash flow analysis. Rate of return analysis. Internal and external rates of return. Benefit / cost ratio analysis. Payback period analysis. Replacement analysis. Inflation-interest relations. Depreciation. Depletion. After-tax economic analysis. Breakeven analysis. Capital budgeting under budget constraints. Sensitivity analysis and decision trees. Investment analyses under risk.
Course Outcomes
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