ELECTRICAL MACHINES and DRIVES

COLLEGE OF ENGINEERING

COEB 442:ENGINEERING ECONOMICS (CORE)2 credit hoursSemester 2, 2014/2015InstructorPuan Suhaida Mohd SoodOffice : BA 2 053Extension number : 7578E mail add: suhaida@uniten.edu.myConsultation hours

Tuesday: 2pm 5pmProgramsBEPE (Hons); BEEE (Hons); BME(Hons)Textbook

Contemporary Engineering Economics, Chan S. Park, Prentice Hall, 5th Edition, 2011Main reference : Engineering Economy, William G. Sullivan, Elin M.

Wicks, James T. Luxhoj, Prentice Hall, 12th Edition, 2006

Pre-requisitesMEFB 213 : Manufacturing Process, or

EEEB 273 : Electronic Analysis and Design

Course Description

This course is meant to equip the engineering students the fundamental concepts of engineering economy and process of integrating engineering disciplines with economic analysis. This is extremely important in order to make informed financial decisions in selecting among viable alternative projects. Emphasis on financial and cost information, money management, cash flows and project risk.

Course Objective

Upon successful completion of the course, students should be able to develop basic skills and competencies of making informed financial decisions using appropriate economic analysis techniques being an intrapreneur or an entrepreneur.Course Outcomes (CO)

No. Upon completion of this course, the student should be:

CO1Explain the basics of engineering economics decision.

CO2Carry out basic analysis of financial statements including the techniques of asset depreciation.

CO3Apply basic cost terminologies and types of cost used in economic analysis.

CO4Describe time value of money and equivalence concepts and able to carry out relevant calculations.

CO5Interpret the economic feasibility of alternative investments and select/replace alternatives using various measures of investment.

PO statements

NoStatementPO Indicators

12Demonstrate knowledge on project management principles and entrepreneurship skillsa) Demonstrate knowledge on project management principles (C2,C3)

b) Demonstrate knowledge on entrepreneurship skills (C2,C3)*

*C2-Cognitive:Comprehension

C3-Cognitive:Application

C4-Cognitive:Analysis

Course Outcomes Program Outcome Matrix

Course OutcomesPO1PO2PO3PO4PO5PO6PO 7PO8PO9PO 10PO 11PO12

abcababcabcabababcab

CO1(

CO2(

CO3(

CO4(

CO5(

Assessment-Course Outcomes Matrix

PO12PO12PO12PO12PO12

AssessmentsCO1CO2CO3CO4CO5

Quizzes (5%)(((((

Assignments (20%)(((((

Tests (25%)(((((

Final Exam (50%)*((((

*A student must obtain at least 20% in the final examination to pass the course. Grading scaleA student must obtain a minimum of 40% to pass this course. The final grade is based on the percentage scale below:

Grade Marks Grade Point

A+ 90 4.00

A 80 4.00

A- 75 3.67

B+ 70 3.33

B 65 3.00

B- 60 2.67

C+ 55 2.33

C 50 2.00

C- 45 1.67

D+ 43 1.33

D 40 1.00

E 0 - 39 0.00

Attendance

Attendance is compulsory for all scheduled classes unless otherwise informed by the instructor. If you have to be absent for any reason, it is your responsibility to make sure that you get all the materials distributed in the previous class from your classmates and update yourself with the content of the previous lecture.

Class Schedule

WEEKTOPICSCHAPTERS

1-4

27/10/14-31/10/14

3/11/14-7/11/14

10/11/14-14/11/14

17/11/14-21/11/14

1. BASICS OF FINANCIAL DECISONS AND COST INFORMATIONEngineering Economic Decisions

Accounting and Financial Decision Making

Cost Concepts Relevant to Decision Making

1,2,8

5-8

24/11/14-28/11/14

1/12/14-5/12/14

8/12/14-12/12/14

15/12/14-19/12/14

Test 1

5/12/14-Fri;5 pm11/12:Thurs

Sultan of Selangors Birthday

1. BASICS OF FINANCIAL DECISONS AND COST INFORMATION (CONT.)Interest Rate and Economic Equivalence

Understanding Money and Its Management

2. EVALUATING BUSINESS AND ENGINEERING ASSETSPresent Worth Analysis

Annual Equivalent Worth Analysis

Rate of Return Analysis3,4,5,6,7

9

22/12/14-26/12/14

25/12:Thurs

ChristmasSEMESTER BREAK

10-13

29/12/14-2/1/15

5/1/15 -9/1/15

12/1/15 -16/1/15

19/1/15-23/1/15

Test 2

16/1/15;Fri;5 pm

1/1:Thurs

New Year

3/1:Sat

Maulidur Rasul

2. EVALUATING BUSINESS AND ENGINEERING ASSETS (CONT.:)Present Worth Analysis

Annual Equivalent Worth Analysis

Rate of Return Analysis5,6,7

14

26/1/15-30/1/15

3. ANALYSIS OF PROJECT CASH FLOWSDepreciation

9

15

2/2/15-6/2/15

3/2:Tuesday Thaipusam

4.SPECIAL TOPICS IN ENGINEERING ECONOMICS

Replacement Decisions14

16-17

7/2/15-18/2/15

19/2:Thurs

Chinese New YearFinal Exam Week

What is Program Educational Objectives (PEO)?

PEO are objectives that UNITEN graduates should achieve after five (5) years of graduation.

What are Programme Outcomes (PO)?

POs are the expected traits that UNITEN students should have upon graduation.

Summary of Bachelor of Mechanical Engineering (BME), Bachelor of Electrical/Electronic Engineering (BEEE), Bachelor of Computer and Communication Engineering (BCCE), Bachelor of Electrical Power Engineering (BEPE) Programme Educational Objectives (PEO)

PEO No.Program Educational Objectives

UNITEN produces Mechanical Engineering graduates /Electrical Engineering graduates who:

PEO1Practicing engineers in mechanical / electrical engineering with the ability to venture into energy related business.

PEO2Hold leadership responsibilities and/or establish their own enterprises.

PEO3Have professional qualifications/certifications in mechanical / electrical engineering related areas.

PEO4Engages in activities to enhance knowledge in their professional works

Bachelor of Mechanical Engineering (BME), Bachelor of Electrical/Electronic Engineering (BEEE), Bachelor of Computer and Communication Engineering (BCCE), Bachelor of Electrical Power Engineering (BEPE) Programme Outcomes (PO)

PO No.Program Outcomes

Students graduating from the Bachelor of Mechanical Engineering (BME), Bachelor of Electrical/Electronic Engineering (BEEE), Bachelor of Computer and Communication Engineering (BCCE), Bachelor of Electrical Power Engineering (BEPE) programmes will have the ability to:

StatementPO Indicators

PO1Apply fundamental knowledge of mathematics, science and mechanical engineering principles in solving complex problems.a) Comprehend fundamental knowledge of mathematics, science and mechanical engineering principles in solving electrical engineering problems (C1,C2)

b) Apply fundamental knowledge of mathematics, science and mechanical engineering principles in solving electrical engineering problems (C3, C4)

c) Apply fundamental knowledge of mathematics, science and mechanical engineering principles in solving complex problems (C5,C6)

PO2Identify, formulate, analyse and solve complex mechanical engineering problems.a) Identify, formulate and solve mechanical engineering problems (C3, C4)

b) Evaluate and synthesise the solution to complex mechanical engineering problems (C5,C6)

PO3Design solutions for complex mechanical engineering problems that meet specific needs with appropriate consideration for public health and safety, culture, society, and environment.a) Illustrate solutions for mechanical engineering problems with appropriate consideration for public health and safety. (C3, C4)b) Illustrate solutions for mechanical engineering problems with appropriate consideration for culture, society, and environment. (C3, C4)c) Propose solutions for complex mechanical engineering problems that meet specific needs with appropriate consideration for public health and safety, culture, society, and environment. (C5,C6)

PO4Conduct investigations, interpret data and provide conclusions in investigating complex problems related to mechanical engineering.a) Use research methods for collecting data (C1, C2)

b) Analyse and interpret data using engineering principles and appropriate techniques (C3,C4)

c) Design and evaluate research methods and results to provide conclusions for complex engineering problems. (C5,C6)

PO5Create appropriate techniques, select resources, and apply modern engineering tools to execute complex engineering activities.a) Usage of modern tools to execute mechanical engineering activities (P1,P2)

b) Manipulation of modern tool to execute complex engineering activities (P3,P4)

PO6Apply reasoning in assessing societal, health, safety, legal and cultural issues and the consequent responsibilities relevant to professional engineering practicea) Apply reasoning in assessing societal, legal and cultural issues and the consequent responsibilities relevant to professional engineering practice (C3, C4)

b) Apply reasoning in assessing health and safety issues and the consequent responsibilities relevant to professional engineering practice (C3, C4)

PO7Demonstrate knowledge of the impact of professional engineering solutions in environmental contexts and the need for sustainable development.No sub-indicator (C2,C3)

PO8Demonstrate commitment to professional and ethical principles.No sub-indicator (A3)

PO9Communicate effectively on complex engineering activities.a) Communicate effectively by means of oral presentation (P3)b) Communicate effectively by means of report writing (P3) c) Communicate effectively by means of oral presentation and/or report writing on complex engineering activities (P3)

PO10Function effectively as an individual and in a group with the capacity to be a leader.No sub-indicator (A4)

PO11Acknowledge the need for, and be able to engage in life-long learning.No sub-indicator (C2)

PO12Demonstrate knowledge on project management principles and entrepreneurship skills.c) Demonstrate knowledge on project management principles (C2,C3)

d) Demonstrate knowledge on entrepreneurship skills (C2,C3)

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