ES301 Engineering Economics Syllabus New Template

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UNIVERSITY OF SCIENCE AND TECHNOLOGY Document Code No.

FM-USTP-ACAD-01
OF SOUTHERN PHILIPPINES Rev. No. Effective Date Page No.
Alubijid | Cagayan de Oro | Claveria | Jasaan | Oroquieta | Panaon 01 12.01.21 1 of 5

SYLLABUS
College of Engineering and Architecture Course Title: Engineering Economics
Department of Mechanical Engineering Course Code: ES301
Credits: 3.0 units (3hours lecture)
USTP Vision
A nationally - Semester/Year: Midyear Term, SY 2021-2022 Prerequisite(s): Second Year Standing
recognized Science and
Technology University Class Schedule: BSME 2A –4:00am – 7:00pm/TThS Co-requisite(s): None
providing the vital link BSME 2B – 9:00am – 12noon/TThF
between education and BSME 2C – 9:00am – 12noon/ThFS
the economy.
BSME 2D – 1:00pm – 4:00pm/ThFS
USTP Mission Bldg./Rm. No.: Bldg 43-801
● Bring the world of work Instructor: Dianne Mae M. Asiñero / Ma. Leona Maye P. Gemina Consultation Schedule: Saturday; 9:00am – 5:00 pm
(industry) into the actual
higher education and Email: diannemae.asinero@ustp.edu.ph / leona.pepito@ustp.edu.ph Bldg.Rm. No.: ME Faculty Room, 43 - 800
training of students; Mobile No.: 09173094563 / 09175555176 Office Phone No./Local: 856 – 1738 loc 180
● Offer entrepreneurs the I. Course Description: This course is intended to introduce the students to the Concepts of the time value of money and equivalence; basic
opportunity to maximize
their business potentials
economy study Methods; decisions under certainty; decisions recognizing risk; and decisions admitting uncertainty.
through a gamut of services
from product II. Course Outcome:
conceptualization to II. Course Outcomes (CO) Program Outcomes (PO)
commercialization;
● Contribute significantly to a b c d e f g h i j k l m n
the national development CO1: Solve problems involving interest and the time value of
goals of food security and I I I I I
money.
energy sufficiency through
Technology solutions CO2: Evaluate project alternatives by applying engineering
economic principles and methods and select the most economically E E E E E E
efficient one.
Program Educational
Objectives:
CO3: Deal with risk and uncertainty in project outcomes by
D D D D D
PEO 1. Graduates are applying the basic economic decision-making concepts.
technically equipped and
UNIVERSITY OF SCIENCE AND TECHNOLOGY Document Code No.
FM-USTP-ACAD-01
OF SOUTHERN PHILIPPINES Rev. No. Effective Date Page No.
Alubijid | Cagayan de Oro | Claveria | Jasaan | Oroquieta | Panaon 01 12.01.21 2 of 5

globally competent
professionals in a broad
range of industrial Legend: I – Introductory, E – Enabling, D - Demonstrative
practices, design and
innovation in the various
fields of mechanical
engineering.
III. Course Outline:
PEO 2. The graduates are Allotted Course
Teaching-Learning
significant contributors to Time Outcomes Topic/s Assessment Tasks/Tools
economic development Activities
(hr) (CO)
through entrepreneurial
Course Orientation - -
and business ventures
applying mechanical 1. Discussion of course objectives and
engineering solutions and 1.5hours expected outcomes
innovations 2. Discussion of course policies and grading
PEO 3. The graduates are system.
recognized leaders and
prime movers for Introduction Lectures / discussions Assignment
improvement in the 1. Definitions Seatwork
industry, business, and 2. Principles of Engineering Economy Quiz
academe. 3. Consumer Goods and Producer Goods and
3hours
Program Outcomes:
Services
The graduates of the CO1 4. Utility and Demand
Mechanical Engineering 5. Competition, Monopoly and Oligopoly
Program will be able to: 6. Law of supply and demand
a: Apply the basic Assignment
Interest and Money Time Relationships Lectures / discussions
knowledge of science,
mathematics and to solve 1. Simple Interest and the Time Value of Seatwork
engineering problems in Money Quiz
the field of Mechanical 2. Cash Flows Diagrams
Engineering 12hours 3. Compound Interest
b: Design and conduct CO1
experiments, analyze and
4. Present Economy Studies
interpret data in 5. Annuities
engineering fields 6. Capitalized Cost
specifically on Energy, 7. Amortization
Manufacturing,
UNIVERSITY OF SCIENCE AND TECHNOLOGY Document Code No.
FM-USTP-ACAD-01
OF SOUTHERN PHILIPPINES Rev. No. Effective Date Page No.
Alubijid | Cagayan de Oro | Claveria | Jasaan | Oroquieta | Panaon 01 12.01.21 3 of 5

Mechatronics, Industrial Present Economy Lectures / discussions Assignment


(i.e. Fire Protection,
Hydraulics, Pressure
9hours CO2 1. Depreciation Seatwork
Vessels), and HVAC. 2. Capital Financing Quiz
c: Design, and develop
components, systems, 3 hrs Midterm exam
processes, or services with
the view of innovations
Basic Methods for Making Economy Studies Lectures / discussions Assignment
that meets the CO3 1. Minimum Attractive Rate of Return Seatwork
6hours
specifications in 2. Internal Rate of Return Method Quiz
perspective economy, 3. External Rate of Return Method
environment and social
Selection among Alternatives Lectures / discussions Assignment
requirements.
d: Work effectively as an 1. Evaluation of Mutually Exclusive Seatwork
individual and as member Alternatives Quiz
or a leader in multi- 7.5hours 2. Cost Alternatives
disciplinary and multi- 3. Useful Life
cultural teams recognizing
CO3
the different roles within a
4. Comparing Alternatives using Capitalized
team to accomplish a Worth Method
common goal. Decision Recognizing Risk Lectures / discussions Assignment
e: Identify, formulate, and 1. Type of Cost Seatwork
analyze complex problems CO3
and provide conclusions
9hours 2. Replacement Analysis Quiz
using first principles of 3. Break – Even Analysis
mathematics, natural 4. Benefit/Cost Ratio
sciences and engineering
sciences 3hours Final exam
f: Apply ethical principles
and exemplify utmost
professionalism in IV. Course Requirements:
mechanical engineering 1. Class attendance and participation policy:
practice ● Attendance refer to Student Handbook
g: Communicate 2. Assignments, Assessment, and Evaluation
effectively in
communication form and (a) Policy concerning homework
activities with the ● 6 homework/assignment in a Term
engineering community
UNIVERSITY OF SCIENCE AND TECHNOLOGY Document Code No.
FM-USTP-ACAD-01
OF SOUTHERN PHILIPPINES Rev. No. Effective Date Page No.
Alubijid | Cagayan de Oro | Claveria | Jasaan | Oroquieta | Panaon 01 12.01.21 4 of 5

and with society in (b) Policy concerning make-up exams


general, such as being
● refer to student handbook
able to comprehend and
write reports, design (c) Policy concerning late assignments/requirements
documentation, make ● late assignments will not be accepted
presentations, and give (d) Preliminary information on term papers or projects, with due dates
and receive clear ● late projects will be given equivalent deduction per hour
instructions
h: Explain the impact of
(e) List of assignments that will impact the final grade and % weight given each
mechanical engineering ● 3 assignments per term
problems and solutions in (f) Description in detail of grading processes and criteria (how many quizzes, tests, papers; weighting of each; amount of homework,
societal and
environmental contexts etc.) or the GRADING POLICY
and demonstrate
knowledge of and need for Class Performance Items (Assignment, Seatwork, Recitation) - 10%
sustainable development.
i: Update oneself on the Quizzes/Prelim/Pre-final Exam Performance - 40%
latest technological Midterm/Final Examination - 30%
advancements in Performance Innovative Task - 20%
mechanical engineering, Total: 100%
and engage in independent
and life-long learning
Criterion: Passing score is 70% of the score per quiz/examination.
j: Explain the latest Final Grade= 50% Midterm + 50% Final Term
developments in the field Note: Passing Score is 70 % of the total score per examination
of mechanical engineering FINAL GRADE is 50% of the Midterm Grade (MG) + 50 % of the Final Standing (FS)
k: Demonstrate (g) Subject-to-change notice - TBA
engineering skills,
techniques, and use of (h)) Date and time of Midterm and Final Exam - TBA
these advanced 3. Use of VLS in class to distribute course materials, to communicate and collaborate online, to post grades, to submit assignments, and to give
technologies necessary for you online quizzes and surveys.
engineering practice to 4. Supplies needed (calculators, softwares, workbooks, disks, CDs, lab supplies, art supplies, etc.)
satisfy the needs of the
industry and the society in ● Calculator
accordance with the
internationally accepted
standards.
l: Demonstrate knowledge
and understanding on
UNIVERSITY OF SCIENCE AND TECHNOLOGY Document Code No.
FM-USTP-ACAD-01
OF SOUTHERN PHILIPPINES Rev. No. Effective Date Page No.
Alubijid | Cagayan de Oro | Claveria | Jasaan | Oroquieta | Panaon 01 12.01.21 5 of 5

project management Prepared by: Recommending Approval: Approved by:


principles, and
technopreneurial skills in
a multi-disciplinary
environment. DIANNE MAE M. ASIÑERO/MA. LEONA MAYE P. GEMINA Eng. NELSON T. CORBITA JR. DR. LORRY LIZA D. BULAY-OG
m: Participate in the Faculty, ME Department Chair, ME Faculty Dean, College of Engineering and Architecture
generation of new
knowledge and
advancement of existing
knowledge, in research
and development projects,
and in technopreneurial
activities in the areas of
Thermofluids, and Energy
Engineering aligned to the
regional and national
development agenda or
goals.
n: Promote and Preserve
the Filipino Culture and
Heritage.

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