EM501 MANAGEMENT ACCOUNTING AND ENGINEERING ECONOMICS
Course Code: |
8660501 |
METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
ECTS Credit: |
8.0 |
Department: |
Engineering Management |
Language of Instruction: |
English |
Level of Study: |
Graduate |
Course Coordinator: |
Assoc.Prof.Dr. ÝSMAÝL SERDAR BAKAL |
Offered Semester: |
Fall or Spring Semesters. |
Course Content
Basics of financial accounting; preparation of financial documents. Inventory valuation and depreciation methods. Definition of costs; costing techniques. Economic analysis for engineering and managerial decision making. Interest and time value of money. Economic Equivalence; methods for evaluating alternatives. Economic analysis in public sector. Inflation and its impacts.