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Course Details
KTO KARATAY UNIVERSITY
Mühendislik ve Doğa Bilimleri Fakültesi
Programme of Mechatronics Engineering
Course Details
Course Code Course Name Year Period Semester T+A+L Credit ECTS
05581909 Engineering Economy 4 Spring 8 3+0+0 5 5
Course Type Elective
Course Cycle Bachelor's (First Cycle) (TQF-HE: Level 6 / QF-EHEA: Level 1 / EQF-LLL: Level 6)
Course Language Turkish
Methods and Techniques -
Mode of Delivery Face to Face
Prerequisites -
Coordinator -
Instructor(s) -
Instructor Assistant(s) -
Course Content
Introduction to Production and Operations Management, Forecasting, Long Term Capacity Planning and Facility Arrangement, Integrated Planning, Inventory Management, Importance of Engineering Economics and Basic Concepts, Cost-Benefit Concept, Time Value of Money, Cost-Benefit Analysis, Preparation of Economic Feasibility Report
Objectives of the Course
The aim of this course is to introduce students to the time value of money and the analysis of cash flows of investment projects in economics and business and to provide information about the methods to be used in comparing different investment projects.
Contribution of the Course to Field Teaching
Basic Vocational Courses
Specialization / Field Courses X
Support Courses
Transferable Skills Courses
Humanities, Communication and Management Skills Courses
Relationships between Course Learning Outcomes and Program Outcomes
Relationship Levels
Lowest Low Medium High Highest
1 2 3 4 5
# Program Learning Outcomes Level
P1 Adequate knowledge of mathematics, science, and Mechatronics Engineering disciplines; Ability to use theoretical and applied knowledge in these fields in solving complex engineering problems. 5
P10 Knowledge of business practices such as project management, risk management and change management; awareness of entrepreneurship, innovation; information about sustainable development 5
Course Learning Outcomes
Upon the successful completion of this course, students will be able to:
No Learning Outcomes Outcome Relationship Measurement Method **
O1 Ability to know numerical calculations and analysis P.1.20 1
O2 Gains knowledge of business life practices such as project management, risk management and change management. P.10.9 1
** Written Exam: 1, Oral Exam: 2, Homework: 3, Lab./Exam: 4, Seminar/Presentation: 5, Term Paper: 6, Application: 7
Weekly Detailed Course Contents
Week Topics
1 Preliminary and Basic Concepts of Engineering Economics, Engineering Economics Decisions, Cost Concepts and Behaviors
2 Preliminary and Basic Concepts of Engineering Economics, Engineering Economics Decisions, Cost Concepts and Behaviors
3 Introduction to Production and Operations Management, Forecasting.
4 Introduction to Production and Operations Management, Forecasting.
5 Long Term Capacity Planning and Facility Management
6 Long Term Capacity Planning and Facility Management
7 Integrated Planning / Inventory Management
8 Mid- Term Exam
9 Benefit-Cost Concept, Time Value of Money, Cash Flow Diagrams
10 Benefit-Cost Concept, Time Value of Money, Cash Flow Diagrams
11 Interest Factors, Inflation Factor, Depreciation Factor
12 Interest Factors, Inflation Factor, Depreciation Factor
13 Benefit-Cost Analysis, Net Present Value and Future Value Analysis, Equivalent Annual Cost
14 Benefit-Cost Analysis, Net Present Value and Future Value Analysis, Equivalent Annual Cost
Textbook or Material
Resources Mühendislik Ekonomisi Prensipler ve Uygulamalar, Osman OKKA, Nobel Akademik Yayıncılık
Evaluation Method and Passing Criteria
In-Term Studies Quantity Percentage
Attendance - -
Laboratory - -
Practice - -
Course Specific Internship (If Any) - -
Homework - -
Presentation - -
Projects - -
Quiz - -
Midterms 1 40 (%)
Final Exam 1 60 (%)
Total 100 (%)
ECTS / Working Load Table
Quantity Duration Total Work Load
Course Week Number and Time 14 3 42
Out-of-Class Study Time (Pre-study, Library, Reinforcement) 14 2 28
Midterms 1 30 30
Quiz 0 0 0
Homework 0 0 0
Practice 0 0 0
Laboratory 0 0 0
Project 0 0 0
Workshop 0 0 0
Presentation/Seminar Preparation 0 0 0
Fieldwork 0 0 0
Final Exam 1 60 60
Other 0 0 0
Total Work Load: 160
Total Work Load / 30 5,33
Course ECTS Credits: 5
Course - Learning Outcomes Matrix
Relationship Levels
Lowest Low Medium High Highest
1 2 3 4 5
# Learning Outcomes P1 P10
O1 Ability to know numerical calculations and analysis 5 -
O2 Gains knowledge of business life practices such as project management, risk management and change management. - 5