COURSE UNIT TITLE

: MARINE TRANSPORTATION ENGINEERING ECONOMICS

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MTE 5018 MARINE TRANSPORTATION ENGINEERING ECONOMICS ELECTIVE 3 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 SADIK ÖZLEN BAŞER

Offered to

Marine Transportation Systems Engineering
Marine Transportation Systems Engineering
MARINE TRANSPORTATION SYSTEMS ENGINEERING

Course Objective

The objective of this course is to give the working engineer an overview of economic methods employed in effective marine transportation engineering decisions.
This course covers the basic engineering management functions of planning, organizing, leading, and controlling, as applied to project, team, knowledge, group/department and global settings, including discussion of the strengths and weaknesses of engineers as managers, and the engineering management challenges in the new economy. Strategic Management,Managing Change and Innovation,Operation Value Chain Management,Project management
Topics will be discussed with case studies.

Learning Outcomes of the Course Unit

1   an ability to function on the same, and multi-disciplinary teams (ABED : 3d).
2   an ability to communicate effectively orally and in writing in Maritime English/Turkish(ABET . 3g).
3   an understanding of professional and ethical responsibility (ABET: 3f).
4   a knowledge of contemporary issues (ABET :3j).
5   a knowledge and awareness of quality issues (ABET : 3f, 3i).
6   an ability of leadership, and managerial skills (DEUMF).

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Fundamentals of Engineering Economy.
2 Money-Time Relationships and Equivalence.
3 Applications of Money-Time Relationships.
4 Comparing Alternatives, DEpreciation and Income Taxes.
5 Cost Estimation Techniques, Price Changes and Exchange Rates.
6 Replacement Analysis, Dealing with uncertainty.
7 MIDTERM EXAMINATION.
8 Exploring Projects with the Benefit/Cost Method.
9 Engineering Economy Studies in Investor-Owned Utilities.
10 Probabilistic Risk Analysis.
11 Capital Financing and Allocation.
12 Ship Form and Resistance. Hull Efficiency. Propeller Efficiency.
13 The Incresaing Importance of Fuel Economy.
14 Methods of Achieving Fuel Economy.

Recomended or Required Reading

William G.Sullivan, James A.bondatelli, Elin M.Wicks Engineering Economics Eleventh Edition, Prentice Hall, 2001
R. Baykal, Gemilerin Direnci ve Makine Gücü, ITÜ, Istanbul, 2002
C. N. Hughes, Shipping: A Techno Economic Approach, LLP, London, 1989
C. N. Hughes, Shipping: Ship Performance, LLP, London, 1987

Planned Learning Activities and Teaching Methods

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

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 PRJ PROJECT
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE *0.25 +PRJ *0.15 +FIN *0.60
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE *0.25 +PRJ *0.15 +RST *0.60


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

Further Notes About Assessment Methods

At least 2 projects (%15) + Midterm Exam (% 25) + Final Exam (% 60).

Assessment Criteria

There will be minimum 2 projects, averaged out grades for which will be 15 % of the overall success of the students. One mid-term examinations will be averaged and affect the grade by 25 %. Final exam will be 60 % of the resulting grade.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

Week days 9AM -17PM

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 13 3 39
Preparations before/after weekly lectures 13 7 91
Preparation for midterm exam 1 10 10
Preparation for final exam 1 15 15
Preparing assignments 1 35 35
Midterm 1 3 3
Final 1 3 3
TOTAL WORKLOAD (hours) 196

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11
LO.15
LO.23
LO.35
LO.45
LO.53
LO.6333

CONTACT INFORMATION
Dokuz Eylül Üniversitesi Cumhuriyet Bulvarı No: 144 35210 Alsancak / İZMİR
Phone: +90(232) 412 12 12 - Fax: +90 (232) 464 81 35

Copyright 2015 DEÜ. BİD

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