Course Information
Course Title Code Semester T + P ECTS
Engineering Economy CIV215 3 3 + 0 3

Prerequisites Not available

Language English
Level Bachelor's Degree
Type Compulsory
Coordinator Construction Management
Instructors Assist.Prof. SERDAR ULUBEYLİ
Goals To teach basic concepts of engineering economics
Contents Basic concepts. Interest. Interest rate. Simple interest. Compounded interest. Time value of money. Inflation. Taxes. Cash flows. Annual compounded interest and related interest factors. Algebraic relationships between interest factors and solution methods. Compounded interest that has different periods. Nominal and effective interest rates. Continuous compunded interest. Discontinuous and continuous payments. Economic equality. Cost of capital. Stock value. Bond value. Minimum rate of return. Open market value.
Work Placement(s) Absent

Number Learning Outcomes
1 To learn interest factors

Mode of Delivery Face-to-Face
Planned Learning Activities & Teaching Methods Learning by writing and teaching items on the board
Assessment Methods Homeworks and exams



Course Content
Week Topics Study Materials
1 Basic concepts Reviewing sources
2 Simple interest. Compounded interest. Time value of money. Reviewing sources
3 Inflation. Taxes. Cash flows. Reviewing sources
4 Annual compounded interest and related interest factors. Reviewing sources
5 Annual compounded interest and related interest factors. Reviewing sources
6 Annual compounded interest and related interest factors. Reviewing sources
7 Algebraic relationships between interest factors and solution methods. Reviewing sources
8 Algebraic relationships between interest factors and solution methods. Reviewing sources
9 Mid-term exam Studying sources
10 Compounded interest that has different periods. Reviewing sources
11 Nominal and effective interest rates. Continuous compunded interest. Reviewing sources
12 Discontinuous and continuous payments. Economic equality. Reviewing sources
13 Cost of capital. Stock value. Reviewing sources
14 Bond value. Minimum rate of return. Open market value. Reviewing sources



Sources
Textbook Course notes of lecturer
Additional Resources Blank L.T. and Tarquin A.J., Basics of Engineering Economy, McGraw-Hill, 2007.



Assessment System Quantity Percentage
In-Term Studies
Mid-terms 1 100
In-Term Total 1 100
Contribution of In-Term Studies to Overall 40
Contribution of Final Exam to Overall 60
Total 100





Course's Contribution to PLO
No Key Learning Outcomes Level
1 2 3 4 5
1 Has the sufficient background on mathematics, science and engineering in his own branch. x
2 Makes use of conceptual and applied knowledge in mathematics, science and in his own area in accordance for engineering solutions. x
3 Determines, defines, formulates and solves problems in engineering; fort his aim selects and applies the appropriate analytical models and modeling techniques. x
4 Analyses a system, system component or process and in order to meet the requirements, designs under realistic conditions; thus applies modern techniques of design. x
5 Selects and uses modern techniques and devices necessary for engineering applications. x
6 Designs and carries out experiments, collects data, analyzes and comments on the findings. x
7 Works effectively and individually on multi disciplinary teams. x
8 Accesses knowledge, and to do this, does research, uses databases and other data sources. x
9 Is aware of the importance of lifelong learning; follows advances in science and technology and updates his knowledge continuously. x
10 Uses communication and information technology at least at advanced level of European Computer Driving License. x
11 Communicates effectively both orally and in writing; uses a foreign language at least at B1 level of European Language Portfolio. x



ECTS ALLOCATED BASED ON STUDENT WORKLOAD BY THE COURSE DESCRIPTION
Activities Quantity Duration (Hour) Total Work Load (h)
Course Duration 14 3 42
Hours for off-the-classroom study (Pre-study, practice) 14 3 42
Assignments 1 3 3
Mid-terms 1 5 5
Final examination 1 10 10
Total Work Load (h) 102
Total Work Load / 30 (h) 3.4
ECTS Credit of the Course 3