Syllabus Application
Decision Economics
IE 303
Faculty:
Faculty of Engineering and Natural Sciences
Semester:
Fall 2025-2026
Course:
Decision Economics - IE 303
Classroom:
UC-G030
Level of course:
Undergraduate
Course Credits:
SU Credit:3.000, ECTS:6, Engineering:6
Prerequisites:
-
Corequisites:
IE 303R
Course Type:
Lecture
Instructor(s) Information
Tonguç Ünlüyurt
- Email: tonguc@sabanciuniv.edu
Course Information
Catalog Course Description
Time value of money; discounted cash flow analysis; break-even analysis; evaluation of alternative capital investment proposals considering depreciation, inflation, taxes; make or buy analysis; replacement analysis; bonds, stocks, and options; decision making under certainty and risk; internal (and external) rate of return analysis; after tax cash flow analysis; net present value.
Course Learning Outcomes:
| 1. | Apply equivalent worth methods and rate of return methods to determine the best alternative to carry out an engineering project; |
|---|---|
| 2. | Carry out interest computations and conversions; |
| 3. | Compute after tax cash flows; |
| 4. | Use spreadsheets to conduct engineering economic analysis; |
| 5. | Identify the relevance of engineering economics analysis in everyday life; |
| 6. | Appreciate the use of spreadsheets in engineering economic analysis; |
| 7. | Identify relevant problems that need engineering economic analysis; |
| 8. | Use the methods and concepts with real life data. |
Course Objective
Sustainable Development Goals (SDGs) Related to This Course:
| Industry, Innovation and Infrastructure |
Course Materials
Resources:
Enginnering Economy, Sullivan, Wicks, Wilck, 18th edition, e-book, Pearson