COURSE UNIT TITLE

: MINE ECONOMICS

DEGREE PROGRAMMES

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
MDN 3019 MINE ECONOMICS COMPULSORY 2 0 0 3

Offered By

Mining Engineering

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR BAYRAM KAHRAMAN

Offered to

Mining Engineering
Mining Engineering (Evening)

Course Objective

The main task of mine engineer is production of mineral, this course aims to teach needed economic concepts for efficient and economical mineral production.

Learning Outcomes of the Course Unit

1   Knows Mines income, expense and profit concepts
2   Knows Time Value of Money
3   Knows Amortization and The Minerals Depletion
4   Knows Preparation of Investment Projects
5   Knows The Project Implementation Plan Preparation and Management

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 Time value of money
8 Preparation of Investment Projects
9 Evaluation of Investment Projects
10 Preparation of Project Implementation Plan
11 Project Management
12 Project Management
13 Salary Systems
14 Salary Systems

Recomended or Required Reading

Textbook(s):
KÖSE, H., KAHRAMAN, B.; Maden Işletme Ekonomisi , Dokuz Eylül Üniversitesi Mühendislik Fakültesi Yayınları No:223, Izmir, 1992

Supplementary Book(s):
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

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 QUZ QUIZ
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.30 + QUZ * 0.20 + FIN * 0.50
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + QUZ * 0.20 + RST * 0.50


Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

bayram.kahraman@deu.edu.tr, Phone:+ 09 232 301 75 21

Office Hours

Thursday, Friday, 10:30-12:00

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 2 28
Preparation before/after weekly lectures 14 1 14
Preparation for Mid-term Exam 2 5 10
Preparation for Final Exam 1 7 7
Preparing Group Assignments 1 10 10
Preparing Presentations 1 6 6
Preparation for quiz etc. 1 2 2
Final 1 2 2
Mid-Term 1 4 4
TOTAL WORKLOAD (hours) 83

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8PO.9PO.10PO.11PO.12PO.13PO.14PO.15
LO.12535
LO.2432525
LO.351513
LO.452512
LO.522512

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

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