COURSE UNIT TITLE

: ECONOMIC INFORMATION IN MINES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MDT 3015 ECONOMIC INFORMATION IN MINES COMPULSORY 2 0 0 2

Offered By

Mining Technology

Level of Course Unit

Short Cycle Programmes (Associate's Degree)

Course Coordinator

HASAN ERAY YAMAN

Offered to

Mining Technology
Mining Technology

Course Objective

The aim of this course is bring in knowledge for students about concepts of mining economics.

Learning Outcomes of the Course Unit

1   Knows to define basic economic concepts.
2   Knows mines income, expense and profit concepts.
3   Knows cost calculation.
4   Knows Amortization and The Minerals Depletion.
5   Knows Time Value of Money.

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction to Mining Economics
2 Income and Expenditure concepts in Mines
3 Income and Expenditure concepts in Mines
4 The Concept of Income in Mines
5 Amortization and Mineral Depletion
6 Time value of money
7 Midterm
8 The Concept of Investment in Mines
9 Preparation of Investment Projects
10 Preparation of Investment Projects
11 Evaluation of Investment Projects
12 Preparation of Project Implementation Plan
13 Project Management
14 Salary Systems

Recomended or Required Reading

Textbook(s)
Main book: KÖSE, H., KAHRAMAN, B.; Maden Işletme Ekonomisi , Dokuz Eylül Üniversitesi
Mühendislik Fakültesi Yayınları No:223,
Izmir, 1992
Other books:
NEWNAN, D. G., 1988, Enginering Economic Analysis , Third Edition, Engineering Press,
inc., San Jose, California.
RIGGS, J. L., WEST, T., M., 1986, Engineering Economics , Third Edition, McGraw-Hill,
Inc., USA.
KAHRIMAN, A., 1993, Maden Işletme Projeleri Hazırlama ve Değerlendirme , Dilek
Matbaası, Sivas,
SARIASLAN, H., 1997, Yatırım Projelerinin Hazırlanması ve Değerlendiririlmesi ,
Genişletilmiş Üçüncü Baskı, Turhan Kitabevi, Ankara
O NEIL, T.J. , GENTRY, D.W., 1984; Mine Investment Analysis , Society of Mining
Engineers, USA.

Planned Learning Activities and Teaching Methods

This lecture is going to make with theoretical courses in class. Instructor is going to teach the lessons with slide shows, create a discussion area with question and answer method with students.

Assessment Methods

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


Further Notes About Assessment Methods

None

Assessment Criteria

I. Mid-term exam %50: Assessment of the theoretical information.
II. Final Exam %50: Assessment of the all learning outcomes.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

hasaneray.yaman@deu.edu.tr

Office Hours

Monday 15:30-16:00

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 5 5
Preparations before/after weekly lectures 1 5 5
Midterm 1 1 1
Final 1 1 1
TOTAL WORKLOAD (hours) 51

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10
LO.1
LO.2
LO.3
LO.4
LO.5