• HOME
• ABOUT US
  • Name Address
  • General Description
  • Governance
  • Academic Calendar
  • Degree Programmes
  • List of Programmes in English
  • General Admission and Registration Procedures
  • Credit Mobility and Recognition of Prior Learning
  • ECTS Credit Allocation
  • Academic Guidance
  • Contacts
• Degree Programmes
  • Third Cycle Programmes (Doctorate Degree)
  • Second Cycle Programmes (Master's Degree)
  • First Cycle Programmes (Bachelor's Degree)
  • Short Cycle Programmes (Associate's Degree)
• GENERAL INFORMATION FOR STUDENTS
  • Cost of Living
  • Accommodation
  • Meals
  • Medical Facilities
  • Facilities for Disabled Students
  • Insurance
  • Financial Supports
  • Student Affairs Office
  • Practical Information for International Students
  • Language Courses
  • Work Placement Possibilities
  • Sports, Social and Cultural Facilities
  • Student Associations and Clubs
  • About İzmir - Turkey
• INTERNATIONAL RELATIONS
  • International Relations Office
  • Registration Procedures
  • Agreements
  • Coordinators
  • Documents
  • List of Programmes in English
  • ECTS / DS Labels

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS MEN 4053 ENGINEERING ECONOMICS ELECTIVE 2 0 0 4

Offered By

Marine Engineering

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

ASSISTANT PROFESSOR MUSTAFA NURAN

Offered to

Marine Engineering

Course Objective

To teach about fuel economy methods

Learning Outcomes of the Course Unit

1   Understanding the basic concepts of Economics 2   How to incorporate economic thinking into engineering 3   Be able to identify the best engineering economy tool for evaluating alternatives 4   Comprehension of hull efficiency and propeller efficiency 5   Understanding production of auxiliary energy by the main engine

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, Cost Concepts and Design Economics 2 Money-Time Relationships and Equivalence 3 Applications of Money-Time Relationships, Comparing Alternatives, Depreciation and Income Taxes 4 Cost Estimation Techniques, Price Changes and Exchange Rates 5 Replacement Analysis , Dealing with uncertainty 6 Exploring Projects with the Benefit/Cost Method 7 Midterm Exam 8 Engineering Economy Studies in Investor-Owned Utilities 9 Probabilistic risk analysis,Capital financing and allocation 10 Communicating Engineering Economy Study Results 11 The increasing importance fuel economy, Methods of achieving fuel economy 12 Ship form and resistance Hull efficiency, Propeller efficiency 13 Hull and propeller roughness 14 Diesel engines waste heat recovery, Production of auxiliary energy by the main engine

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

Cooperative and active teaching and learning strategies

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MTE MIDTERM EXAM 2 ASG ASSIGNMENT 3 QUZ QUIZ 4 FCG FINAL COURSE GRADE 5 FCGR FINAL COURSE GRADE (RESIT) 6 RST RESIT 7 FCGR FINAL COURSE GRADE (RESIT) *** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

English

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

Asst.Prof.Dr. Volkan ÇAĞLAR

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 13 2 26 Preparations before/after weekly lectures 13 1 13 Preparation for midterm exam 1 10 10 Preparation for final exam 1 15 15 Preparation for quiz etc. 1 10 10 Preparing assignments 1 15 15 Final 1 2 2 Midterm 1 1 1 Quiz etc. 1 1 1 TOTAL WORKLOAD (hours) 93

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 PO.11 PO.12 PO.13 PO.14 PO.15 PO.16 PO.17 PO.18 PO.19 PO.20 LO.1 5 LO.2 5 5 LO.3 5 LO.4 5 LO.5 5