COURSE INFORMATION Course Title: ENGINEERING ECONOMICS

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
CE 211	B	3	4	0	0	4	6

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Julinda Keçi
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Compulsory
Classroom and Meeting Time:
Course Description:	The objective of this course is to provide the necessary information about engineering economy, and basic technics used in economic analysis of decisions related to engineering projects.
Course Objectives:	The objective of this course is to provide the necessary information about engineering economy, and basic technics used in economic analysis of decisions related to engineering projects.

COURSE OUTLINE

Week	Topics
1	General Introduction
2	Foundations of Engineering Economy
3	Factors Affecting Money
4	Combining Factors
5	Nominal and Effective Interest Rates
6	Present Worth Analysis
7	Annual Worth Analysis
8	Midterm Exam
9	Rate of Return Analysis-single
10	Rate of Return Analysis-multiple
11	Cost Estimating-Basics
12	Cost Estimating-Methods
13	Benefit/Cost Analysis
14	General Review

Prerequisite(s):	-
Textbook:	Leland Blank and Anthony Tarquin, Basics of Engineering Economy, McGraw-Hill, 2008.
Other References:
Laboratory Work:
Computer Usage:	Ms Excel
Others:	No

COURSE LEARNING OUTCOMES

1	To learn concepts of Engineering Economy
2	To learn the Time Value of Money concept
3	To learn Economic Analysis Techniques
4	To learn Economic Analysis Techniques

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Bachelor in Civil Engineering (3 years) Program
1	an ability to apply knowledge of mathematics, science, and engineering	2
2	an ability to design a system, component, or process to meet desired needs
3	an ability to function on multidisciplinary teams
4	an ability to identify, formulate, and solve engineering problems	4
5	an understanding of professional and ethical responsibility
6	an ability to communicate effectively	2
7	the broad education necessary to understand the impact of engineering solutions in a global and societal context	3
8	a recognition of the need for, and an ability to engage in life long learning
9	a knowledge of contemporary issues
10	an ability to use the techniques, skills, and modern engineering tools necessary for engineering practice	4
11	skills in project management and recognition of international standards and methodologies	3

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	30
Quiz	2	15
Final Exam	1	40
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	4	64
Hours for off-the-classroom study (Pre-study, practice)	14	4	56
Mid-terms	3	6	18
Assignments			0
Final examination	1	12	12
Other			0
Total Work Load:			150
Total Work Load/25(h):			6
ECTS Credit of the Course:			6