Banah University Shoubra Faculty of Engineering Industrial Engineering Department

Course Specification Engineering Economy and Accounting

Course Specifications
Program(s) in which the course is given: Major or minor element of programs: Department offering the program: Department offering the course: Academic year / Level: Date of specification approval: Industrial Engineering N/A Industrial Engineering Industrial Engineering 2009/2010 / Level 1

A- Basic Information
Title: Engineering Economy and Accounting Credit Hours: Lecture: 2 Exercises: 2 Total: 4 Code: IND 202

B- Professional Information
1- Overall aims of the course: This course is designed to give students an ability to industrial cost estimation, cost account, budget, case studies. 2- Intended learning outcomes of the course (ILOs) a. Knowledge and understanding Introduction to economy concept- Theory of quantity and demand- Risk analysisDiscount and interest rate- Cash flow diagram- Principles of economy evaluation for engineering projects- Present value and equivalent annual value- Principles of financing process study- Industrial organization cost - cost estimation and analysis. Intellectual skills Analysis Creative thinking Problem solving b. Professional and practical skills Managing Computer program Ability to identify the problem Ability to estimate cost c. General and transferable skills Computing Management Use of technological tools

Engineering design Ability to diagnose Other

Communication Working in group

3- Contents Topic Introduction to economy concept Theory of quantity and demand Risk analysis Discount and interest rate production cost estimation. Cash flow diagram- Principles of economy evaluation Present value and equivalent annual valuePrinciples of financing process study Industrial organization cost cost estimation and analysis No. of Lecture Tutorial/ hours Practical 6 3 3 6 3 3 6 3 3 6 3 3 6 3 3 6 3 3 6 3 3 6 3 3 6 3 3 6 3 3 60 30 30

4- Teaching and learning methods Information collection Discussions Research assignment Field visit Lecture Practical training / lab Class activities Case study 5- Student assessment methods Class attendance and participation Homework assignments First midterm exam Final exam Assessment schedule Homework assignments weeks 3, 5, 7, 9, 11 First midterm exam weeks 7 & 12 Final exam week 15 Weighting of assessments Final 40 % th 7 week Exam 30 % 12th week Exam 20 % Class attendance and participation 5% Homework assignments 5% 6- List of references 6.1 Course notes 6.2 Essential books Philip, F. "Cost analysis & Estimating for Engineering Management", Pearson Prentic, 2004. E. Paul "Engineering Economy", Macmillan, 1990. 6.3 Recommended books Max Kurtz "Hand Book of Engineering Economics", MacGrawHill, 1984. 7- Facilities required for teaching and learning Computer Lab Data Show Overhead Projector Course Coordinator: Dr. Attia Gomaa Program Coordinator: Prof. Dr. Attia Gomaa General Supervisor & Vice Dean: Prof. Dr. Abdallh Saad Date: 01 / 06 / 2010