Module name: Management and Economy of Mineral Code, if applicable GL 4102
Semester(s) in which the module is taught
First semester Person responsible for the
module
Prof. Dr. Ir. Eddy Ariyono Subroto
Lecturer Prof. Dr. Ir. Eddy Ariyono Subroto Language
Relation to curriculum Compulsory Course Types of
teaching and learning
Class Size
Attendance time (hours per week per semester)
Forms of active
participation Workload
Total Workload
Credit points 3 CU
Requirements according to the examination regulations Recommended
prerequisites
1. Physical Geology 2. Petrology Module objectives/intended
learning outcomes
Students understand basic economics to consider in determining step, for example in investment activity or project planning and various exploration activities.
Content This course is designed for discussing the principle and basic concept of management and economy of mineral and oil and gas business.
Discussion in management will cover knowledge about the
development in management theory. For economics, discussion will be directed to the industrial mineral (plus) in Indonesia including oil and gas business, coals, metal and non-metal minerals. Discussion will also cover bank interest concept, cash flow, investment rate of return, depreciation, taxation, inflation and deflation, and estimation.
Some aspects that will be discussed in this course:
1. Introduction and basic of global management 2. Component management
3. Risk management 4. Project management 5. Decision-making process 6. Equivalency and bank interest 7. Value analysis
8. Depreciation and tax 9. Inflation and Deflation Study and examination
requirements and forms of examination
Media employed
Reading list 1. Newman, D.G. (1988) Engineering Economic Analysis. Edisi ketiga, Binarupa Aksara, Jakarta.
2. Gitman, L.J. (2006) Principles of Managerial Finance.
Robertson Scientific Edisi kesebelas, Pearson International Edition, Boston, USA.
