Course Module
Department of Agricultural Engineering Faculty of Agricultural Technology Universitas Brawijaya
Module name Engineering Economics Module level Undergraduate program
Code TPF 4010
Subtitle -
Courses -
Semester(s) 3
Person responsible for the module
Angky Wahyu Putranto, STP, MP Lecturer 1. Dr. Ir. Endah Rahayu Lestari, MS
2. Dr. Ir. Sandra Malin Sutan, MP 3. Dr. Ir. Musthofa Lutfi, MP
4. Dr. Ir. J. Bambang Rahadi Widiatmono, MS 5. Isti Purwaningsih, STP, MT
6. Wike Agustin Prima Dania, STP, M.Eng, PhD 7. Fajri Anugroho, STP, M.Agr, PhD
8. Ardaneswari D.P. Citraresmi, STP, MP 9. Angky Wahyu Putranto, STP, MP Language Bahasa Indonesia, English
Relation to curriculum Compulsory/elective Type of teaching,
contact hours
Contact hours and class size separately for each teaching method:
lecture, lesson, practical, project, seminar etc.
Workload 136 hours/semester
Lecture, Exercise, Laboratory session, and private study Credit points 3 SKS / 5 ECTS
Requirements according to the examination regulations
-
Recommended prerequisites
- Module
objectives/intended learning outcomes
ILO 3 : An ability to manage and utilize natural resources (agriculture and environment) and the supporting resources (human resources, infrastructure, etc.) in an optimal way and sustainable
ILO 5 : An ability to identify, formulating, analysing and solving problems in the field of agricultural engineering through systems approach ILO 7 : An ability to develop and manage entrepreneurship oriented to agribusiness and agroindustry
Objectives
Knowledge: Accuracy in recognizing and explaining the definition and application of technical economics
Skills: cognitive – Accuracy in calculating and applying the annual worth method.
Phsycomotoric - The accuracy in calculating and concluding the Benefit Cost Ratio analysis in its application
Competences: Student able to interpret Engineering economics in business and project evaluation in the field of agricultural technology
Content Courses:
1) Understanding and application of technical economics 2) Interest formulas
3) Application of interest formulas 4) Cost Concept
5) Annual Value Equivalence 6) Present Value Equivalence
7) The rate of return on capital (RoR) before tax 8) Depreciation
9) Tax and IRR after Tax
10) Inflation (Application of inflation in IRR after tax in fixed purchasing power)
11) Benefit Cost Ratio (BCR) and other analysis techniques (1) 12) Benefit Cost Ratio (BCR) and other analysis techniques (2) 13) Break Even Point and application
14) Sensitivity Analysis Study and examination
requirements and forms of examination
1. Midterm exam 2. Final term exam 3. Assignment 4. Group assignment How to score:
Midterm Exam(1-5) = 25%
Final Exam (1-4) = 25%
Assignment = 50%
A : 80 < Final Score ≤ 100 B+ : 75 < Final Score ≤ 80 B : 69 < Final Score ≤ 75 C+ : 60 < Final Score ≤ 69 C : 55 < Final Score ≤ 60 D : 50 < Final Score ≤ 55 D+ : 44 < Final Score ≤ 50 E : 0 < Final Score ≤ 44
Media employed Class, Online learning system (Zoom and Google Classroom)
Reading list 1. Newnan, D.G., Eschenbach, T.G., Lavelle, J.P. 2004. Engineering Economic Analysis. 4th Edition. Oxford. New York
2. Grant, Eugene L, Grant Ireson and Richard S. 1996. Leavenworth.
Dasar-dasar Ekonomi Teknik (Terjemahan), Edisi Ketiga, Jilid Pertama.
Jakarta: Rineka Cipta
3. Degarmo, Paul E, et al,.1997. Engineering Economy, Tenth Edition.
Prentice Hall International, Inc. New Jersey
4. Thuesen, GJ, Fabrycky, WJ. 2002. Engineering Economy, 9 th edition Prentice Hall Inc. New Jersey
5. Pujawan, I.N. 2009. Ekonomi Teknik. Guna Widya. Surabaya
6. Lestari, E.R., Citraresmi, A.D.P., Ardianti, F.L. 2019. Ekonomi Teknik, Teori dan Aplikasi. Universitas Brawijaya Press. Malang