COURSE UNIT TITLE

: CIVIL ENGINEERING ECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
INŞ 4006 CIVIL ENGINEERING ECONOMICS COMPULSORY 3 1 0 5

Offered By

Civil Engineering

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSOCIATE PROFESSOR CEM POLAT ÇETINKAYA

Offered to

Civil Engineering
Civil Engineering (Evening)

Course Objective

This course examines methodologies for evaluating civil engineering projects, which typically are large-scale, long-lived projects involving many economic, financial, social, and environmental factors. Basic techniques of engineering economics, including net present value analysis, benefit-cost analysis, and other approaches to project evaluation and management, optimization techniques and decision under uncertainty are among the topics covered.

Learning Outcomes of the Course Unit

1   Basic steps of economic analysis for engineering systems
2   Essential parameters for economic analysis
3   Planning management and programing
4   Optimisation techniques
5   Decision under uncertainty

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 General Introduction, purpose of the lecture, references
2 Basic techniques of engineering economics
3 Net Present Value Analysis
4 CPM and PERT
5 Economical Comparison Techniques
6 Benefits
7 1. Mid-Term Exam
8 Costs
9 Social and Environmental Impacts of the Project
10 Social and Environmental Impacts of the Project (cont'd)
11 2. Mid-Term Exam
12 Optimization Methods - Simplex Method
13 - Simplex Method (cont'd)
14 Decision Making, General Evaluation

Recomended or Required Reading

Textbook(s): ÖZIŞ, Ü.; HARMANCIOĞLU, N.; TÜRKMAN, F. (2000): "Mühendislik sistemlerinin ekonomik analizi". Izmir, Dokuz Eylül Üniversitesi, Mühendislik Fakültesi, N.194, 3. basım, 192 s.
TÜRKMAN, F.; BARAN, T. ( 2000): "Mühendislik sistemlerinin ekonomik analizinde sayısal örnekler". Izmir, Dokuz Eylül Üniversitesi, Mühendislik Fakültesi, N.193, 71s.
Sullivan, Luxhoj, and Wicks 2002. Engineering Economy. 12/E. Upper Saddle River, NJ: Prentice Hall.
Öziş, et.al. 2007. Engineering Economy for Civil Engineers. Izmir, DEU.

Materials: written and oral narratives.

Planned Learning Activities and Teaching Methods

Books, lecture notes, application, assignments, midterm exams, final exam.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 ASG ASSIGNMENT
2 QUZ QUIZ
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE ASG * 0.30 + QUZ * 0.20 + FIN * 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) ASG * 0.30 + QUZ * 0.20 + RST * 0.50


*** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

Learning Outcomes are evaluated by the mid-term and final exams.

Language of Instruction

Turkish

Course Policies and Rules

Attandance will be evaluated.

Contact Details for the Lecturer(s)

Prof.Dr. Türkay BARAN : turkay.baran@deu.edu.tr
Instr. Dr. Müh. Yalçın Özdemir: yalcin.ozdemir@deu.edu.tr
Instr. Dr. Müh. Cem Polat Çetinkaya: cem.cetinkaya@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 12 3 36
Tutorials 12 1 12
Preparing assignments 3 3 9
Preparations before/after weekly lectures 12 1 12
Preparation for midterm exam 2 15 30
Preparation for final exam 1 15 15
Final 1 2 2
Midterm 2 2 4
TOTAL WORKLOAD (hours) 120

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11
LO.13243523
LO.24323432143
LO.3443322153
LO.4555432244
LO.5554432245