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END 312E
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Course Information
Course Name
Turkish
Mühendislik Ekonomisi (Engineering Economics)
English
Engineering Economics
Course Code
END 312E
Credit
Lecture
(hour/week)
Recitation
(hour/week)
Laboratory
(hour/week)
Semester
-
3
-
-
-
Course Language
English
Course Coordinator
Selim Zaim
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
Course Description
Engineering economics
Course Outcomes
- Explain the role of engineering economy.
- Explain the concepts of time value of money
- Define financial factors regarding time and interest effect on money
- Define nominal and effective interest rates.
- Perform present worth analysis to evaluate projects and investment
- Explain the concept of investment recovery and identify the recovery period.
- Perform annual worth analysis to evaluate projects and investment
- Define the Rate of return and perform rate of return analysis to evaluate investments.
- Evaluate public sector projects
- Perform replacement and retention analysis
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