CHE423 CHEMICAL ENGINEERING ECONOMICS
Course Code: |
5630423 |
METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
ECTS Credit: |
3,5 |
Department: |
Chemical Engineering |
Language of Instruction: |
English |
Level of Study: |
Undergraduate |
Course Coordinator: |
Lecturer MEHMET EMÝN IÞIKALP |
Offered Semester: |
Fall Semesters. |
Prerequisite: |
Set 1: 3110210
|
The course set above should be completed before taking
CHE423 CHEMICAL ENGINEERING ECONOMICS. |
Course Content
Importance of economics in engineering, role of engineers in economics. Market and Process surveys in relation to feasibility analysis. Site selection, capital investment and production cost analysis. Interest, taxes, insurance, depreciation, profitability, alternative investments and replacements in chemical engineering.