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College of Engineering Education

2nd Floor B & E Building Matina Campus, Davao City Telefax: (082) 296-1084 Phone No.:(082) 300-5456/300-0647 Local 131

VISION A leading institution of higher learning recognized for its quality transformative education serving the nation and the world. MISSION To provide a dynamic and supportive academic environment through the highest standards of instruction, research and extension in a non-sectarian institution committed to democratizing access to education.

GOALS To achieve its mission, the University aims to: a) offer academic programs that meet the changing national and international community needs; b) produce graduate who are competent leaders and productive members of the society; c) harness a pool of ethical, qualified and highly trained human resources; d) provide an academic environment conducive to optimum learning through adequate state-of-the art facilities; e) conduct researches and other scholarly activities that generate new knowledge and contribute to the improvement of the quality of life for all; f) engage in the community service that foster self-reliance and empowerment among the marginalized community; and g) Lead in the promotion and preservation of the cultural heritage of Mindanao and of the country as a whole.
GOALS

PROGRAM EDUCATIONAL OBJECTIVES The University of Mindanao Engineering graduates will:

a
1. 2. 3. 4. 5. 6. 7. Demonstrate excellent technical expertise in various fields of engineering practice and research; Engage in life-long learning to advance personal and professional leadership and growth; Communicate effectively in various contexts; Work effectively in multidisciplinary teams; Uphold the importance of ethical and moral responsibility to the engineering profession and the society; and Occupy key positions in related industries. Engaged in entrepreneurial ventures that provide socioeconomic and environmental benefits.

Student Outcomes and Relationships to Program Educational Objectives STUDENT OUTCOMES a) b) c) d) e) f) g) h) i) j) k) An ability to apply knowledge of mathematics, physical sciences, and engineering sciences to the practice of engineering; An ability to design and conduct experiments, as well as to analyze and interpret data; An ability to design, improve, innovate, and to supervise systems, or processes to meet desired needs within realistic constraints; An ability to work effectively in multi-disciplinary and multi-cultural teams in diverse fields; An ability to identify, formulate, and solve engineering problems; Recognition of professional, social, and ethical responsibility; An ability to communicate effectively; An understanding of the effects of engineering solutions in a comprehensive context; An ability to engage in life-long learning and to keep abreast of the current trends and development in a specific field of specialization; A knowledge of contemporary issues; and An ability to use the techniques, skills, and modern engineering tools necessary for the practice of engineering. PROGRAM EDUCATIONAL OBJECTIVES


Prepared by: Esther Consuelo Tan Course Teacher

Course Title: Engineering Economy


FILENAME: CE 436

Date Effective: 1st Semester SY 2012- 2013

Date Revised January 20, 2012

Page 1 of 4

1. 2. 3. 4. 5. 6. 7.

Course Code Course Title Pre-requisite Co-requisite Credit Course Description

COURSE SYLLABUS : ME 436 : Engineering Economy : Math 202 & Eco 1 : none : 3.0 units : Concepts of the time value of money and equivalence; basic economy study methods; decisions under certainty; decisions recognizing risk; and decisions admitting uncertainty.

Alignment of Student Outcomes, Course Learning Outcomes Student Outcomes f, g a, b, e, h, k a, b, e, h, k a, b, e, h, k g, k 1. 2. 3. 4. 5. Course Learning Outcomes Ability to create a vision of oneself as future electronics engineer whose qualities are described in the universitys VMG, program educational objectives, ad program outcomes. Ability to solve problems involving interest and the time value of money. Ability to evaluate project alternatives by applying engineering economic principles and methods, and select the most economically efficient one. Able to deal with risk and uncertainty in project outcomes by applying the basic economic decision making concepts. Ability to perform correct documentation.

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Course Coverage CLO 1 2, 3, 4 UM VMG Program Objectives; Program Outcomes Policies & Guidelines Introduction Definitions; Principles of Engineering Economy; Engineering Economy and the Design Process; Cost Concepts for Decision Making Present Economy Studies Money-Time Relationships and Equivalence Interest and the Time Value of Money The Concept of Equivalence; Cash Flows Basic Economy Study Methods The Minimum Attractive Rate of Return The Present Worth Method; The Future Worth Method; The Annual Worth Method The Internal Rate of Return Method; the External Rate of Return Method Topics Teaching-Learning Activities/Assessment Methods In-Class Out-of-Class Lecture Homework Discussion Poster making/ Oral recitation* essay writing * Time Frame Week 1

Lecture Group Discussion Seat Work * Quiz * st 1 Examinations

Homework ** Group study Learning log *

Week 1 to Week 3

2, 3, 4, 5

Lecture Board work Quiz * Oral report Case Presentation ** nd 2 Examination *

Group study Learning log * Case analysis *

Week 4 to Week 5

Legend: No asterisk = Teaching-learning activity (TLA) only; * = Assessment method only; ** = Both TLA and assessment method
Course Title: Engineering Economy
FILENAME: CE 436

Date Effective: 1st Semester SY 2012- 2013

Date Revised January 20, 2012

Prepared by: Esther Consuelo Tan Course Teacher Page 2 of 4

CLO 2, 3, 4, 5

Topics Basic Economy Study Methods The Payback Period Method The Benefit/Cost Ratio Method Decisions Under Certainty Evaluation of Mutually Exclusive Alternatives; Evaluation of Independent Projects Depreciation and After-Tax Economic Analysis Replacement Studies; Break win Analysis Decisions Recognizing Risk Expected Monetary Value of Alternatives Discounted Decision Tree Analysis Decisions Admitting Uncertainty Sensitivity Analysis Decision Analysis Models

Teaching-Learning Activities/Assessment Methods In-Class Out-of-Class Lecture Group study Seat work* Learning log * Quiz * Case analysis * Oral report Case Presentation ** rd 3 Examination * Lecture Seat work* Quiz * Oral report Case Presentation ** th 4 Examination * Group study Learning log * Case analysis *

Time Frame

Week 6 to Week 7

2, 3, 4, 5

Week 8 to Week 9

Legend: No asterisk = Teaching-learning activity (TLA) only; * = Assessment method only; ** = Both TLA and assessment method 9. TEXTBOOK a. Sullivan, William G.(2006) , Understanding Engineering Economy, (13 Edition), Singapore : Pearson Prentice Hall
th

10. SUGGESTED REFERENCES th a. Park, Chan S. (2007), Contemporary Engineering Economics (4 Edition), New Jersey : Pearson Education b. Canadian, Oxford (2006), Engineering Economic Analysis,: Oxford University Press 11. COURSE EVALUATION Assessment methods EXAMINATIONS A. Exam 1 B. Exam 2 C. Exam 3 D. Exam 4 CLASS PARTICIPATION A. Quizzes B. Case study/group presentation C. Student portfolio with learning logs, Assignments D. Seat work/board work/oral recitation Total Weights 60% 10% 10% 10% 30% 40% 10% 15% 5% 10% 100%

I.

II.

Course Title: Engineering Economy


FILENAME: CE 436

Date Effective: 1st Semester SY 2012- 2013

Date Revised January 20, 2012

Prepared by: Esther Consuelo Tan Course Teacher Page 3 of 4

12. COURSE MATERIALS MADE AVAILABLE

o o o

Overhead Projector; Personal Computer/laptop white board markers/chalk and eraser

13. POLICIES AND GUIDELINES

a. b. c. d. e. f. g. h. i.

Attendance is counted from the first regular class meeting. A validated student identification card must always by worn be all students while attending classes. Cheating is strictly prohibited. Any form of dishonesty shall be dealt with accordingly. Honesty is called for at all times. Students who incur absences equivalent to more than 20% of the course hours required shall be dropped from the course. Valid examination permits are necessary in taking the examinations as scheduled. No special quiz shall be given to any student who comes in late or absent during classes. Base-20 grading policy should be observed. Students who obtained failing scores in major exams are recommended to attend the tutorial class. Observe other University's policies and guidelines.

Endorsed by: JOSE CONDONAR JR., CE CE Program Head

Noted by: CHARLITO L. CANESARES, PME, MSME Dean, College of Engineering Education

Recommending Approval: EUGENIO S. GUHAO JR., D.M. SVP for Academic Planning & Services

Approved by: PEDRO B. SAN JOSE, Ed.D.h.c. EVP Academic Affairs

Course Title: Engineering Economy


FILENAME: CE 436

Date Effective: 1st Semester SY 2012- 2013

Date Revised January 20, 2012

Prepared by: Esther Consuelo Tan Course Teacher Page 4 of 4