COURSE UNIT TITLE

: CIVIL ENGINEERING ECONOMICS

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
INŞ 4106 CIVIL ENGINEERING ECONOMICS COMPULSORY 3 1 0 4

Offered By

Civil Engineering

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR ALI GÜL

Offered to

Civil Engineering
Civil Engineering (Evening)

Course Objective

In addition to the fact that Civil Engineers technically analyze many events throughout their careers, almost all of the decisions they make have a financial dimension. In this course, it is aimed to teach our students the basic principles of systematically evaluating the benefits and costs that will occur in the production of goods and services, value-time relationships and optimization techniques.

Learning Outcomes of the Course Unit

1   Basic steps of economic analysis for engineering systems
2   Essential parameters for economic analysis
3   Planning management and programing
4   Optimisation techniques
5   Decision under uncertainty

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 General Introduction, Lecture Objective, References
2 Fundamental Concepts
3 Time Effect in Engineering Economy: Economic Analysis Parameters
4 Time Effect in Engineering Economy: Relationships
5 Time Concept in Engineering Planning: Critical Path Method (CPM)
6 Economic Comparison Principles: Cost and Benefit Concepts and Relationships
7 Economic Comparison Principles: Benefit Maximization, Cost Minimization
8 Benefits: Demand Development, Price-Consumption Relationship, Price Elasticity of Demand
9 Benefits: Price Formation
10 Costs: Production Function, Processes and Inputs
11 Costs: Cost Distribution
12 Optimization Methods: Graphical Method
13 Optimization Methods: Simplex Method
14 Decision Making, General Evaluation

Recomended or Required Reading

Textbook(s): ÖZIŞ, Ü.; HARMANCIOĞLU, N.; TÜRKMAN, F. (2000): "Mühendislik sistemlerinin ekonomik analizi". Izmir, Dokuz Eylül Üniversitesi, Mühendislik Fakültesi, N.194, 3. basım, 192 s.
TÜRKMAN, F.; BARAN, T. ( 2000): "Mühendislik sistemlerinin ekonomik analizinde sayısal örnekler". Izmir, Dokuz Eylül Üniversitesi, Mühendislik Fakültesi, N.193, 71s.
Sullivan, Luxhoj, and Wicks 2002. Engineering Economy. 12/E. Upper Saddle River, NJ: Prentice Hall.
Öziş, et.al. 2007. Engineering Economy for Civil Engineers. Izmir, DEU.

Materials: written and oral narratives.

Planned Learning Activities and Teaching Methods

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


Further Notes About Assessment Methods

None

Assessment Criteria

LO 1-5: It is evaluated with the questions asked in the midterm exam, homework and final exam.

Language of Instruction

Turkish

Course Policies and Rules

Attandance will be evaluated.

Contact Details for the Lecturer(s)

Prof.Dr. Ali GÜL: ali.gul@deu.edu.tr
Doç. Dr. Cem Polat ÇETINKAYA: cem.cetinkaya@deu.edu.tr

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Tutorials 14 1 14
Preparing assignments 1 8 8
Preparations before/after weekly lectures 14 1 14
Preparation for midterm exam 1 8 8
Preparation for final exam 1 12 12
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 102

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11
LO.13243523
LO.24323432143
LO.3443322153
LO.4555432244
LO.5554432245