COURSE UNIT TITLE

: ENGINEERING ECONOMICS FOR SHIP DESIGN AND SHIPPING

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
NAV 5021 ENGINEERING ECONOMICS FOR SHIP DESIGN AND SHIPPING ELECTIVE 2 0 0 8

Offered By

Graduate School of Natural and Applied Sciences

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR DOCTOR GÖKDENIZ NEŞER

Offered to

NAVAL ARCHITECTURE
NAVAL ARCHITECTURE

Course Objective

The course aims to provide an insight to the technoeconomis aspects of shipbuilding and design.

Learning Outcomes of the Course Unit

1   To fully understand and be able to apply the basis principles of engineering eceonomics into the marine field
2   To gain an insight in the thoery and marine applications of engineering economics
3   To develop analytical abilities for the assessment of different projects in ship design, outfitting and port management
4   To give the students further training on tools of how to undertake research on this area

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction and outline of the course Fundamentals of the shipping environment and maritime trade Assignements will be circulated.
2 Charter vogayes, liner voyages and passenger transport service vessels and related market
3 Fundamentals of engineering economics
4 Economic criteria for shipping
5 Complexities for shipping environment
6 Applications to ship design and optimizations for economic operations of ships
7 Midterm Control for assignements
8 Cost estimation for ship building at design stage
9 Maintenance economics of ships Field study: Shipyard visit
10 Materials management methods in shipbuilding and maintenance
11 Supply chain management in ship building and contemporary methods and techniques
12 Environmental aspect of ship management and their effects on ship economics
13 Presentations of assignments
14 General overview

Recomended or Required Reading

Lecture notes will be ciculated during the class. Beside this, the reference book is mentioned below:
Buxton, I.L., Engineering Economics and Ship Design, BSRA, 1976.
Related journal should be followed.

Planned Learning Activities and Teaching Methods

The course is taught in a lecture, class presentatin and discussion format. All class members are expected to attend both the lecture and seminar hours and take part in discussion sessions. Besides the taught lecture, presentations are to be prepared by the students assigned for that week and presented to an open discussion session.

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 ASG ASSIGNMENT
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.25 + ASG *0.25 +FIN *0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.25 + ASG *0.25 +RST *0.50


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

Further Notes About Assessment Methods

Assignment will be based on a research project. Students are required to make literature survey and to write a report in given format. At the end of the semestre, students should present their result obtained from the research in front of a interested group consisting of class members and professionals.

Assessment Criteria

Report will be assessed on its compliance to the given format and the number of references used in.

Language of Instruction

English

Course Policies and Rules

Attendance: Students are required to attend every class. Attendance will be taken at the beginning of the each class. Plagiarism: Plagiarism will be reported to Academic Judiciary Board and can result in getting zero on the assignements / exams and failing the course. Late Assignement: All assignements are due at the beginning of the class. The eztentions will not be granted. Accommodations: Students are required to let the instructor know any special accommodation needed due to learning disabilities, medical needs, etc.

Contact Details for the Lecturer(s)

DEU Institute of Marine Sciences and Technology
Baku Blv. 100, Inciralti (35340) Izmir / Turkey
Phone: +90.232.278 5565, 278 6515 (147-ext)
Fax: +90.232.278 5082

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 2 28
Tutorials 14 2 28
Preparation for midterm exam 1 10 10
Preparation for final exam 1 15 15
Preparing presentations 1 15 15
Preparing assignments 1 35 35
Reading 10 3 30
Field study 1 20 20
Midterm 1 3 3
Final 1 4 4
TOTAL WORKLOAD (hours) 188

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12
LO.1545455455554
LO.2534355445554
LO.3543455345553
LO.4543455344554