HOLY ANGEL UNIVERSITY
SCHOOL OF ENGINEERING & ARCHITECTURE Department of Electronics Engineering
COURSE OUTLINE: Syllabus in Engineering Economy (ESENECO) 2nd Semester, SY 2018-2019
Holy Angel University VMs
Vision: To become a role-model catalyst for countryside development and one of the most influential, best-managed Catholic universities in the Asia-Pacific region.
Mission: To offer accessible quality education that transforms students into persons of conscience, competence, and compassion.
School of Engineering and Architecture VMs Vision
A center of excellence in engineering and architecture education imbued with Catholic mission and identity serving as a role -model catalyst for countryside development
Mission
The School shall provide accessible quality engineering and architecture education leading to highly competent professional; continually contribute to the advancement of knowledge and technology through research activities; and support countryside development through environmenta l preservation and community involvement.
Institutional Student Learning Outcomes (ISLOs) 1. Show effective communication
2. Demonstrate appropriate value and sound ethical reasoning 3. Apply critical and creative thinking
4. Utilize civic and global learning
5. Use applied and collaborative learning 6. Employ aesthetic engagement
7. Show Information and Communication Technology (ICT) Literacy
Program Educational Objectives (PEOs)
Within a few years after graduation, graduates of our Engineering programs are expected to have:
1. Demonstrated technical competence, including design and problem-solving skills, as evidenced by:
the sound technical designs and systems that conform with existing laws and ethical standards they produced
the recognition and certification they received for exemplary achievement 2. Shown a commitment to life-long learning as evidenced by:
the graduate degrees or further studies they pursue
the professional certifications which are locally and internationally recognized they possess
the knowledge and skills on recent technological advances in the field they continuously acquire 3. Exhibited success in their chosen profession evidenced by:
the key level positions they hold or promotions they get in their workplace
the good track record they possess
the professional visibility (e.g., publications, presentations, patents, inventions, awards, etc.)
they are involved with international activities (e.g., participation in international conferences, collaborative research, employment abroad, etc.) they are engaged with
the entrepreneurial activities they undertake 4. Manifested faithful stewardship as evidenced by:
their participation in University-based community extension initiatives as alumni
their contribution to innovations/ inventions for environmental promotion and preservation, and cultural integration
their engagement in advocacies and volunteer works for the upliftment of the quality of life and human dignity especially the marginalized
Relationship of the Program Educational Objectives to the Mission of the School of Engineering & Architecture:
Electronics Engineering Program Educational Objectives (PEOs):
Within a few years after graduation, the graduates of the Electronics Engineering program should have:
Mission The School shall provide
accessible quality
engineering and architecture education leading to high professional competence.
The School shall continually contribute to the
advancement of knowledge and technology through research activities.
The School shall support countryside development through environmental preservation and community involvement.
1. Demonstrated professional competence, including design and problem solving skills as evidenced by:
the sound technical designs and systems that conform with existing laws and ethical standards they produced
the recognition and certification they received for exemplary achievement
2. Shown a commitment to life-long learning evidenced by:
the graduate degrees or further studies they pursue
the professional certifications which are locally and internationally recognized they possess
the knowledge and skills on recent technological advances in the field they continuously acquire
3. Exhibited success in their chosen profession evidenced by:
the key level positions they hold or promotions they get in their workplace
the good track record they possess
the professional visibility (e.g., publications, presentations, patents, inventions, awards, etc.)
they are involved with international activities (e.g., participation in international conferences, collaborative research, employment abroad, etc.) they are engaged with
the entrepreneurial activities they undertake
4. Manifested faithful stewardship evidenced by:
their participation in University-based community extension initiatives as alumni
their contribution to innovations/ inventions for environmental promotion and preservation, and cultural integration
their engagement in advocacies and volunteer works for the upliftment of the quality of life and human dignity especially the marginalized
Relationship of the Institutional Student Learning Outcomes to the Program Educational Objectives:
PEO 1 PEO 2 PEO 3 PEO 4
ISLO1: Show effective communication
ISLO2: Demonstrate appropriate value and sound ethical reasoning
ISLO3: Apply critical and creative thinking
ISLO4: Utilize civic and global learning
ISLO5: Use applied and collaborative learning
ISLO6: Employ aesthetic engagement
ISLO7: Show Information and Communication Technology (ICT) Literacy
Engineering Program Outcomes (POs)
After finishing the program students will be able to:
a. Apply knowledge of mathematics, physical sciences, and engineering sciences to the practice of Engineering.
b. Design and conduct experiments, as well as to analyze and interpret data.
c. Design a system, component, or process to meet desired needs within realistic constraints such as economic, environmental, social, political, ethical, health and safety, manufacturability, and sustainability, in accordance with standards.
d. Function on multidisciplinary teams.
e. Identify, formulate and solve engineering problems.
f. Have an understanding of professional and ethical responsibility.
g. Demonstrate and master the ability to listen, comprehend, speak, write and convey ideas clearly and effectively, in person and through electronic media to all audiences.
h. Have broad education necessary to understand the impact of engineering solutions in a global, economic, environmental, and societal context.
i. Recognition of the need for, and an ability to engage in life-long learning and to keep current of the development in the field.
j. Have knowledge of contemporary issues.
k. Use the techniques, skills, and modern engineering tools necessary for engineering practice.
l. Have knowledge and understanding of engineering and management principles as a member and leader in a team, to manage project s and in multidisciplinary environments.
m. Engage in service-learning program for the promotion and preservation to local culture and tradition as well as to the community.
Relationship of the Engineering Program Outcomes to the Program Educational Objectives:
PEO 1 PEO 2 PEO 3 PEO 4
a. Apply knowledge of mathematics, physical sciences, and engineering sciences to the practice of
Engineering.
b. Design and conduct experiments, as well as to analyze and interpret data.
c. Design a system, component, or process to meet desired needs within realistic constraints such as economic, environmental, social, political, ethical, health and safety, manufacturability, and
sustainability, in accordance with standards.
d. Function on multidisciplinary teams.
e. Identify, formulate and solve engineering problems.
f. Have an understanding of professional and ethical responsibility.
g. Demonstrate and master the ability to listen, comprehend, speak, write and convey ideas clearly
and effectively, in person and through electronic media to all audiences.
h. Have broad education necessary to understand the impact of engineering solutions in a global,
economic, environmental, and societal context.
i. Recognition of the need for, and an ability to engage in life-long learning and to keep current of the
development in the field.
j. Have knowledge of contemporary issues.
k. Use the techniques, skills, and modern engineering tools necessary for engineering practice.
l. Have knowledge and understanding of engineering and management principles as a member and
leader in a team, to manage projects and in multidisciplinary environments.
m. Engage in service-learning program for the promotion and preservation to local culture and tradition
as well as to the community.
Course Outcomes (COs)
1. Solve problems involving interest and time value of money.
2. Evaluate project alternatives by applying engineering economic principles and methods and select the most economically eff icient one.
3. Deal with risk and uncertainty in project outcomes by applying the basic economic decision making concepts.
a b c d e f g h i j k l m
CO1. Solve problems involving interest and time value of money.
CO2. Evaluate project alternatives by applying engineering economic
principles and methods and select the most economically efficient one. CO3. Deal with risk and uncertainty in project outcomes by applying the
basic economic decision making concepts.
I. Course Description : Concepts of the time value of money and equivalence; basic economy study methods; decisions under certainty; decisions recognizing risk; and decisions admitting uncertainty.
II. Course Credit : 3 Units
III. Prerequisite : 3rd Year Standing
IV. Textbook Sullivan, E.W. et.al. (2014). Engineering Economy (16th ed.) Pearson, Upper Saddle River
V. Requirements Quiz
Major Exams
Learning Outline
Week/
Hours Learning output Students output Topics Core values
Sub values
Methodology Evaluation/ Learning Assessment 1-4
12 hours
At the end of course or topic the student will be able to:
Describe the
engineering economy and the design process
Class discussion on terms and definition
Apply/elaborate the cost concept for decision making
Study the present economy situations
Class motivation and discussion on money , time relationship and interest; And on simple and compound interest
Derive the formula for compound interest by using the formula on computing a simple interest
Introduce the concept of equivalence cash flows
Relate annuities from capitalized cost
Solution to sample problems related to the lessons
Recitation
Assignment
Quiz
Exam
I. Introduction a. Definitions b. Principles of
Engineering Economy c. Engineering Economy and the Design Process d. Cost Concepts for Decision Making e. Present Economy Studies
II. Interest, Money Time Relationship
a. Simple Interest b. Compound Interest c. The Concept of Equivalence Cash Flows
III. Annuities, Capitalized Costs a. Ordinary b. Deferred c. Perpetuity / Capitalized Cost
Christ-
centeredness Excellence Indicators:
Accuracy, Innovative, and Analytical, Integrity Indicators:
Accountability, Transparency and
Honesty Community:
Indicators:
Respect for Human
Dignity/Life, and Care
Societal responsibility Indicators:
Compassion and Involvement
Lecture by the teacher
Class discussion conducted by teacher.
Oral questioning by the teacher.
Video or power point presentation
Recitation
Assignment
Quiz
Exam
5-8 12 hours
At the end of course or topic the student will be able to:
Define and compute the depreciation value using the different methods.
Illustrate the cash flow diagram from the given methods
Discuss the basic principles of financing as enterprise
Define the types of Business Organization
Explain the
fundamental principles of accounting
Explain the types of ownership selections in the present
economy
Recitation
Assignment
Quiz
Exam
IV. Depreciation a. Straight Line b. Sinking Fund c. Declining Balance d. Double Declining Balance
e. Sum of the Years Digit
f. Service Output
V. Methods of Financing as Enterprise
a. Types of Business Organization
b. Bond
VI. Fundamental
Principles of Accounting a. Assets
b. Liabilities
c. Balance Sheet
VII. Types of
Ownership: Selections in the Present Economy a. Materials
b. Site / Location c. Tools, Equipment
Christ-
centeredness Excellence Indicators:
Accuracy, Innovative, and Analytical, Integrity Indicators:
Accountability, Transparency and
Honesty Community:
Indicators:
Respect for Human
Dignity/Life, and Care
Societal responsibility Indicators:
Compassion and Involvement
Lecture by the teacher
Class discussion conducted by teacher.
Oral questioning by the teacher.
Video or power point presentation
Recitation
Assignment
Quiz
Exam
9-12 12 hours
At the end of course or topic the student will be able to:
Define and compute The Minimum Attractive Rate of Return using the different methods (present worth, future worth, etc..)
Recitation
Assignment
Quiz
Exam
VIII. Basic Methods for Making Economy Studies – The Minimum Attractive Rate of Return
a. The Present Worth Method
b. The Future Worth Method
c. The Annual Worth Method
d. The Internal Rate of Return Method
e. The External Rate of Return Method
f. The Payback Period Method
g. The Benefit/Cost Ratio Method
Christ-
centeredness Excellence Indicators:
Accuracy, Innovative, and Analytical, Integrity Indicators:
Accountability, Transparency and
Honesty Community:
Indicators:
Respect for Human
Dignity/Life, and Care
Societal responsibility Indicators:
Compassion and Involvement
Lecture by the teacher
Class discussion conducted by teacher.
Oral questioning by the teacher.
Video or power point presentation
Recitation
Assignment
Quiz
Exam
13-15 9 hours
At the end of course or topic the student will be able to:
Define and show Comparison of Alternatives using the different methods (rate of return, future worth, etc..)
Define and explain the types of evaluation and depreciation.
Recitation
Assignment
Quiz
Exam
IX. Comparison of Alternatives
a. Rate of Return - ROR b. Present Worth
Method - PWP
c. Future Worth Method - FWP
d. Annual Worth Method -AWP
e. The Internal Rate of Return Method
f. The External Rate of Return Method
g. The Payback Period Method
h. The Benefit/Cost Ratio Method X. Decisions Under Certainty
a. Evaluation of Mutually Exclusive Alternatives b. Evaluation of Independent Projects c. Depreciation and After-Tax Economic Analysis
d. Replacement Studies e. Break win Analysis
Christ-
centeredness Excellence Indicators:
Accuracy, Innovative, and Analytical, Integrity Indicators:
Accountability, Transparency and
Honesty Community:
Indicators:
Respect for Human
Dignity/Life, and Care
Societal responsibility Indicators:
Compassion and Involvement
Lecture by the teacher
Class discussion conducted by teacher.
Oral questioning by the teacher.
Video or power point presentation
Recitation
Assignment
Quiz
Exam
16-18 9 hours
At the end of course or topic the student will be able to:
Explain Decision Recognizing Risk
Apply/elaborate the concept for decision making
Recitation
Assignment
Quiz
Exam
XI. Decision Recognizing Risk a. Expected Monetary Value of Alternatives b. Discounted Decision Tree Analysis
XII. Decisions Admitting Uncertainty
a. Sensitivity Analysis b. Decision Analysis Models
Christ-
centeredness Excellence Indicators:
Accuracy, Innovative, and Analytical, Integrity Indicators:
Accountability, Transparency and
Honesty Community:
Indicators:
Respect for Human
Dignity/Life, and Care
Societal responsibility Indicators:
Compassion and Involvement
Lecture by the teacher
Class discussion conducted by teacher.
Oral questioning by the teacher.
Video or power point presentation
Recitation
Assignment
Quiz
Exam
References:
Blank, Leland. Et al. (2012). Engineering Economy (6th ed.). New York: McGraw-Hill Online references:
(“Engineering Economics: Meaning and Characteristics,” n.d.). Retrieved from
http://www.economicsdiscussion.net/engineering-economics/engineering-economics-meaning-and-characteristics/21680
Expectations from Students
Students are held responsible for meeting the standards of performance established for each course. Their performance and compliance with other course requirements are the bases for passing or failing in each course, subject to the rules of the University. The students are expected to take all examinations on the date scheduled, read the assigned topics prior to class, submit and comply with all the requirements of the subject as schedu led, attend each class on time and participate actively in the discussions.
Furthermore, assignments such as reports, reaction papers and the like shall be submitted on the set deadline as scheduled by the faculty. Extension of submission is approved for students with valid reasons like death in the family, hospitalization and other unforeseen events. Hence, certificates are needed for official documentation. Students assigned by the University in extracurricular activities (Choral, Dance Troupe and Athletes) are excused from attending the class, however, said students are not excused from classroom activities that coincide the said University activities. Special quiz is given to students with valid reasons like death in the family, hospitalization and other unforeseen events. Hence, certificates are needed for official do cumentation. Likewise, special major examination is given to students with the same reasons above. Attendance shall be checked every meeting. Students shall be expected to be punctual in their classes. And observance of classroom decorum is hereby required as prescribed by student’s handbook.
Academic Integrity
It is the mission of the University to train its students in the highest levels of professionalism and integrity. In support of this, academic integrity is highly valued and violations are considered serious offenses. Examples of violations of academic integrity include, but are not limited to, the following:
1. Plagiarism – using ideas, data or language of another without specific or proper acknowledgment. Example: Copying text from the Web site without quoting or properly citing the page URL, using crib sheet during examination. For a clear description of what constitutes plagiarism as well as strategies for avoiding it, students may refer to the Writing Tutorial Services web site at Indiana University using the following link: http://www.indiana.edu/~wts/pamhlets.shtml. For citation styles, students may refer to http://www.uwsp.edu/psych/apa4b.htm.
2. Cheating – using or attempting to use unauthorized assistance, materials, or study aids during examination or other academic work. Examples: using a cheat sheet in a quiz or exam, altering a grade exam and resubmitting it for a better grade.
3. Fabrication – submitting contrived or improperly altered information in any academic requirements. Examples: making up data for a research project, changing data to bias its interpretation, citing nonexistent articles, contriving sources.
(Reference: Code of Academic Integrity and Charter of the Student Disciplinary System of the University of Pennsylvania at http://www.vpul.upenn.edu/osl/acadint.html).
Policy on Absences
1. Students should not incur absences of more than 20% of the required total number of class and laboratory periods in a given semester.
1.1. The maximum absences allowed per semester are:
For subjects held 1x a week, a maximum of 3 absences;
For subjects held 2x a week, a maximum of 7 absences; and For subjects held 3x a week, a maximum of 10 absences.
2. A student who incurs more than the allowed number of absences in any subject shall be given a mark of “FA” as his final rating for the semester, regardless of his performance in the class.
3. Attendance is counted from the first official day of regular classes regardless of the date of enrolment.
Other Policies
• Departmentalized when it comes to major exams such as Midterms and Finals.
• Quizzes will be given at least after the discussion of every chapter.
• Drills, Exercises, Seat works, Projects, Recitation/Role playing will be given to the students and will be graded as part of class standing.
• Homework Policy will be given at the discretion of the faculty and will be graded as part of class standing.
Grading System (Campus ++):
Class Standing: 60%
Recitation Assignment Quiz
Major Exams: 40%
Written Major Exam
Prepared by:
ENGR. YUJI W. OCDEN Faculty
Reviewed by:
ENGR. RON JOSEPH A. SANTOS OBE Facilitator
ENGR. RODELZON S. TONGOL Chair, Electronics Department
Certified by:
DR. BONIFACIO V. RAMOS Director, University Library Approved by:
DR. JAY JACK R. MANZANO
Dean, School of Engineering and Architecture