COURSE UNIT TITLE

: WATER RESOURCES ECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
CIE 5116 WATER RESOURCES 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 TÜRKAY BARAN

Offered to

HYDRAULIC ENGINEERING AND WATER RESOURCES
HYDRAULIC ENGINEERING AND WATER RESOURCES
HYDRAULIC ENGINEERING AND WATER RESOURCES

Course Objective

This course examines methodologies for evaluating water resources 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. The interface between technical analysis and environmental affects will also be discussed, along with some regional and international case studies.

Learning Outcomes of the Course Unit

1   To be able to collect, interpret, apply, and evaluate the data.
2   To be able to solve the problems by using appropriate research methods.
3   To be able to have a critical approach to the gained knowledge and skills at the level of his expertise field.
4   To be able to have a systematic way to export the current developments and his/her work to the groups in and out of the field as written, oral and visual communication effectively.
5   To be able to gain high-level skills in using research methods.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction, Water Resources System Engineering
2 Basic techniques of engineering economics
3 Economical Comparison in water resources
4 The process of planning, Aims and Targets
5 Benefits
6 Costs
7 Benefit/Cost analysis
8 Cost allocation for multi-purpose projects
9 MidTerm Exam
10 Optimization Methods
11 Linear Programming Methods
12 Maximization and Minimization Problems
13 Basic Concepts of the Decision Theory
14 Uncertainty analysis

Recomended or Required Reading

Textbook(s): Loucks, P.; Haith, D. (1981): Water Resources System Planning and Analysis, Prentice-Hall, Inc., Englewood Cliffs, New Jersey.
Supplementary Book(s): Altınbilek, D. (1985): Water Resources System Engineering, Ankara, ODTÜ Inşaat Mühendisliği Bölümü.
Kuiper, E. (1971): Water Resources Project Economics, London, Butterwoods.
Hall,W.A;Dracup,J.A(1970): Water Resources System Analysis,New York,McGraw-Hill, ISBN 07-025590-3

Planned Learning Activities and Teaching Methods

Lecture + Assignment + Translation + Presentation

Assessment Methods

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


Further Notes About Assessment Methods

None

Assessment Criteria

LO1 and LO 2 : Mid Term and Final Exam
LO 3 and LO 4: Assignment and Presentation
LO 5: Final Exam and Presentation

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

turkay.baran@deu.edu.tr, 0.232.3017030

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 42 1 42
Tutorials 14 1 14
Preparations before/after weekly lectures 14 6 84
Preparation for midterm exam 1 16 16
Preparation for final exam 1 20 20
Final 1 8 8
Midterm 1 8 8
TOTAL WORKLOAD (hours) 192

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11
LO.155333
LO.255555
LO.355553
LO.4545
LO.5555553555